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#41 Ferrum Academy #2 What is Blockchain? | What are Altcoins?
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Join Ferrum's Ian Friend & Tom Fraczak as they teach you the crypto basics, explain the concepts behind cryptocurrencies and answer all the burning crypto questions!
Ferrum Academy is our new initiative to bring value and expertise to the crypto space. We aim to provide you with digestible content explaining in-depth crypto concepts.
What is Ferrum Network: https://youtu.be/kjLKa4-SXJ4
Chapters:
00:00 - Intro
00:30 - What is Blockchain?
02:10 - Why is crypto decentralized?
03:20 - Does every project have its own blockchain?
04:45 - What are Layer 1 and Layer 2 in crypto?
08:21 - What are altcoins?
09:45 - Utilities of crypto coins
14:00 - Final Thoughts
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#Crypto #Ferrum #Blockchain
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