What Is a Blockchain? Blocks Explained Simply
A shared public ledger, a new block about every ten minutes, and hashes that chain blocks so history is very hard to change.
English · ~1 min · Published 2026-10-13
Key takeaways
- A Shared Notebook. A blockchain is a public record of transactions, like a shared notebook.
- What Is a Block. A block is a bundle of recent transactions, like one page of the notebook.
- Why It Is Secure. Each block carries a digital fingerprint, called a hash, of the previous block.
Full transcript
A Shared Notebook
A blockchain is a public record of transactions, like a shared notebook. Thousands of computers around the world keep their own copy. They check each other, so everyone agrees on the same history. No single company or bank is in charge of the record.
What Is a Block
A block is a bundle of recent transactions, like one page of the notebook. On average, a new block is added about every ten minutes. Miners compete to add the next block, and earn new Bitcoin plus fees. Each block points to the one before it, forming a chain.
Why It Is Secure
Each block carries a digital fingerprint, called a hash, of the previous block. Change one old transaction, and every block after it no longer matches. Each new block on top makes the history harder to change. That is why people can trust the record without trusting a middleman.
FAQ
- What is this video about?
- A shared public ledger, a new block about every ten minutes, and hashes that chain blocks so history is very hard to change.
- What Is a Block?
- A block is a bundle of recent transactions, like one page of the notebook. On average, a new block is added about every ten minutes. Miners compete to add the next block, and earn new Bitcoin plus fees. Each block points to the one before it, forming a chain.
- Why It Is Secure?
- Each block carries a digital fingerprint, called a hash, of the previous block. Change one old transaction, and every block after it no longer matches. Each new block on top makes the history harder to change. That is why people can trust the record without trusting a middleman.
- Is this investment advice?
- No. The video explains how Bitcoin works and does not tell you to buy or sell anything.
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Not investment advice.