How Blockchains Work: A Visual Walkthrough
In this video, Real Vision crypto editor Ash Bennington asks Anders Brownworth from Federal Reserve Bank of Boston to walk him through a step-by-step of how blockchains work. He explains the basics of hashing, blocks, and then blockchains, demonstrating how each piece builds upon the other to create the underlying technology of cryptocurrencies.
Filmed on May 20, 2021.
Key Learnings: Those who are unfamiliar with blockchain technology can experience a steep learning curve when trying to understand how it works—Brownworth breaks it down into a simple, easy-to-digest format with visual aids that allow the viewer to conceptualize blockchain technology.