Channel I'M

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2 selected videos

Bitcoin: The time of Crypto currency- Watch the video

http://channeliam.com Even while considered as the global centre of business transactions, the lack of a unique currency system is said to be a shortcoming of the internet. Bitcoins and crypto currencies are all set to solve that issue. Secure payment ways and easy transaction methods add to the attraction of bitcoins. However, many governments view crypto currencies suspiciously, courtesy the lack of transparency in transactions. India has not legally approved Crypto currency yet.

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Know the most powerful algorithm behind bitcoin-Watch the video

http://channeliam.com Bitcoin uses SHA 256, the most powerful algorithm in cryptography. This algorithm cannot be broken with super computers. At least quantum computers are required to break SHA 256.This is what makes bitcoins safe to a great extent. In the second episode of the digital video Series on bitcoins, prepared by channeliam.com, UST Global senior manager and technology expert Gokul Alex talks about the algorithm behind bitcoin and how it is connected to blockchain technology.

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Related topics : what are bitcoin algorithms used for