This course aims to explain the basic principles of blockchain, network features, nodes, cryptography and accounts. The course is situated for everyone who wants to know about blockchain. Though it is not about programming.
The main topics
In this lecture we will focus on the problems with decentralization and distribution.
You understand the difference between decentralization and distribution.
The main question is - is it really decentralized?
We will discuss the concept of blockchain and its features.
We will discuss: what is the block, the block structure, what you can find out from block by block explorer.
You will understand: what is the Merkle tree, where are the root and leafs, header structure, types of nodes, and light client function,
We will discuss the Ethereum Accounts: Externally Owned Account and Contract Account.
You will understand what is the Transaction and Message in Ethereum, Ethereum Gas and Bitcoin Fee concepts.
We will discuss the Miners and Mining process.
We will discuss the Cryptography, Public and Private Keys function and principle of work.
You will understand the Consensus mechanism and realise the difference between Proof of work and Proof of stake.
I am counsellor having MBA and LLM degree from the reputable UK universities. My major specializations are tech and investment law. I was involved in number of M&A projects as Director of project. Currently, I am studying at the Ph.D. law program of the Autonomous University of Barcelona with interdisciplinary focus on control over organizations and networks.