The Ten News Explains Blockchain 🤑

The Ten News, News For Curious Kids

Small But Mighty Media

Education For Kids, Kids & Family, News

4.4 • 702 Ratings

🗓️ 9 June 2022

⏱️ 16 minutes

🔗️ Recording | iTunes | RSS

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Summary

In today's episode: 🤔 What do you give a cryptocurrency that’s always late? A CLOCKchain! 🤑 Ten News Correspondent LizaBanks Campagna is in the studio with Josh Fried the Senior Manager of Business Development at Solana Labs to talk all things Blockchain. ✔️ Tessa Tidbit: in 2010 someone paid 10,000 bitcoins to buy two pizzas, but do you know how much actual money that's worth today? And, test your fake cryptocurrency on today's Trivia on the Ten. ✅ ✔️ Sign up for the Ten News Newsletter! 📧 Email us your curious facts, funny stories, and eye rolling jokes at: [email protected] 🎇 Follow the show on Instagram 🌍 Check out our website for sources and a transcript of today's episode! See omnystudio.com/listener for privacy information.

Transcript

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0:00.0	Hey, Ryan. What are you doing with all those key chains?
0:05.5	Hey, Bethany. I'm building my own blockchain from these keychain rings. I'm going to start my own cryptocurrency.
0:11.2	I'm calling them 10 coins.
0:15.1	I'm not a crypto expert, but I'm pretty sure blockchain is not made from keychains.
0:21.9	Oh, yeah. I knew that. It was just a joke.
0:26.8	Hey, Ryan, here's the thousand keychains you asked for.
0:31.5	When do I get the million ten coins you promised me?
0:35.1	Hugh boy. I think it's time to do a 10 News explains blockchain.
0:41.6	I'm Bethany Van Delft.
0:43.2	It's Thursday, June 9th, and this is the 10 News.
0:47.5	10.
0:47.8	9.
0:48.4	8, 7, 6.
0:50.0	5, 4, 3.
0:51.4	2.1.
0:55.0	Cryptocurrencies took a hit a few weeks ago when one of the stable coins fell so low in value that crypto investors lost about $200 billion.
1:07.0	That's right, $200 billion.
1:11.9	What makes cryptocurrencies possible?
1:15.5	Liza Banks' Campania is back for our 10 News Explained series,
1:20.2	where she'll sit down with Josh Freed,
1:22.3	the senior manager of business development at Solana,
1:25.6	and together they're here to break down blockchain. Take it away,
	...

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