Blockchain And Cryptocurrency Explained
Course Features
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Lectures4
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Duration9 Hours
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LevelBeginner
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DeliveryOnline
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AudienceEveryone
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University
The course presents main constructs of a generic blockchain, which is then used as a model to explain inner workings of Bitcoin and Ethereum (few aspects of Ripple blockchain are covered as well). In the second part the course looks at cryptocurrencies and discusses import factors, risks involved in crypto trading and investment.
Every person starting to learn about blockchains and cryptocurrencies will find this course very useful.
There are no prerequisites for the course besides basic working experience with a computer.
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Content
The first part of the course follows the structure “generic model → practical implementation” in explaining main components and functionalities of Bitcoin and Ethereum. It concludes that the blockchains are best suited for token transactions and, in case of Ethereum, token issuance. The second part of the course covers of managing and buying/selling cryptocurrencies as well as associated risks.
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Technology
The course has a narrow scope with the sole aim – to explain in a simple language using everyday world analogies the main blockchain components, their inner workings. It is one of the best courses for absolute beginners and it is highly recommended for all new starters!
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Applications
The blockchain application scope is primarily focused on the cryptocurrency-related activities – the buying/selling venues with implied opportunities/challenges are discussed.
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Delivery
The learning material is primarily presented in video lessons and the corresponding transcribed text. The presentation style encourages to take advantage of discussion forums and interaction with the other learners. Due to big number of learners it is advised not to contact instructors directly. Quizzes and graded tests are available just in the paid version.
The sudden rise in the value of Bitcoin and other cryptocurrencies, and its subsequent decline, focused the world’s attention on cryptocurrencies as a means of payment. Blockchain technology powers Bitcoin and has been hyped as the next new, transformative technology.
In this course, we first discuss the technical underpinnings of blockchain and review key concepts such as decentralization and consensus algorithms.
We then examine blockchain as an asset and review the dynamics of the cryptocurrency markets.
Finally, we examine blockchain as a business solution, with a focus on understanding business cases in which blockchain does and does not make sense.
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