Bitcoin - Really deeply understanding Blockchain Technology

Name: Bitcoin - Really deeply understanding Blockchain Technology
Rating: 4.4 (19 reviews)

How Bitcoin really works

Created byProf. Dr. Markus Weinberger

Last updated 10/2020

English

What you'll learn

You will really understand how the most important crypto currency Bitcoin works.
You will understand the technical details of the Bitcoin Blockchain.
Get to know important cryptographic concepts.
You will have a look under the hood of Bitcoin addresses, transactions, blocks and mining.
You will be able to leave 99% of self-proclaimed Bitcoin Experts behind.

Course content

4 sections • 19 lectures • 5h 21m total length

Welcome0:15
Introduction and Motivation6:14
A Little Bit of Bitcoin History37:25

Bitcoin Addresses22:50
Wallets7:45
Transactions15:36
Explore how bitcoin transactions are built, detailing inputs and outputs, transaction hash, unspent transaction outputs (UTXOs), and the role of locking and unlocking scripts, with fees and bitstream conversion.
Transaction Scripts15:20
Bitcoin Network17:14
Explore the bitcoin network as a decentralized peer-to-peer system with full nodes, wallets, and mining, including spv nodes and gateways connecting extended networks.
Blocks10:18
Consensus Algorithm - Part 127:29
Explore how Bitcoin's consensus algorithm verifies transactions, mines and verifies blocks, and builds the blockchain in a decentralized network, with coinbase rewards, difficulty adjustments, and mining pools.
Consensus Algorithm - Part 222:40
Explore how Bitcoin miners verify blocks, build the blockchain, and resolve forks by extending the longest proof-of-work chain while validating transactions, coinbase rules, and hard and soft forks.
Security Aspects of Bitcoin12:02
Segregated Witness5:27
Explore segregated witness, a 2017 Bitcoin upgrade that separates the witness data from the transaction into an extended block, increasing capacity and reducing malleability and data load.
Bonus - Continue Learning0:21

Requirements

You do not need to have specific programming or math skills.

Description

This course digs into the details how the most important digital currency work. You will learn how blockchains work, how a decentral peer-to-peer system creates consensus on valid transactions and account values. And much more.

Your lecturer, Prof. Dr. Markus Weinberger, is an experienced professor at a German university of applied sciences.

Who this course is for:

This course is for you, if ...
... you want to really understand how Bitcoin works.
... you do not want to rely on "experts" any longer, when evaluating investments in the crypto space.
... you want to start digging into the technology in order to become a blockchain developer.
... you are looking for applications of blockchain technology beyond digital money.
... you are thrilled by a new (just some 10 years old) technology that will change the world.

Bitcoin - Really deeply understanding Blockchain Technology

What you'll learn

Explore related topics

Course content

Introduction3 lectures • 44min

Get Going2 lectures • 43min

Technical Basics3 lectures • 1hr 18min

Technical Details11 lectures • 2hr 37min

Requirements

Description

Who this course is for: