Blockchain & Cryptocurrency Basics for Beginners

Name: Blockchain & Cryptocurrency Basics for Beginners
Rating: 3.3 (4 reviews)

Learn the key elements of blockchain and cryptocurrency

Created byAnatolii Ziatkovskyi

Last updated 2/2023

English

English [Auto],

What you'll learn

Understand what is the blockchain
Understand advanced blockchain concepts such as smart contracts
Speak confidently about fundamental blockchain concepts
Understand what is cryptocurrency, tokens, and difference between them
Understand how the cryptocurrency is working

Course content

3 sections • 22 lectures • 1h 59m total length

What is the Blockchain2:13
Explore how blockchain acts as a distributed, immutable ledger that links data in blocks, providing secure, decentralized records and trust without a trusted third party.
How does the Blockchain works6:11
Learn how blockchain distributes data across network nodes to create immutable ledgers. Understand consensus mechanisms like proof of work and proof of stake that secure and transparent records.
How Are Blockchains Used7:44
Blockchains store data beyond money, enabling traceable food, banking, health records, and property, with smart contracts and supply chains powering faster, secure, and transparent transactions.
The Pros and Cons of Blockchain10:20
Explore the pros and cons of blockchain, including decentralized accuracy, cost reductions, fast 24/7 transactions, privacy and transparency, and drawbacks like mining costs, limited throughput, and regulation uncertainty.
Merkle Tree1:55
What is Cryptography1:42
What is Block Explorer1:32

What is Cryptocurrency and how does it works10:21
Explore how cryptocurrency operates as a digital, decentralized, peer-to-peer currency secured by cryptography and recorded on a public blockchain, with wallets, mining, and evolving regulation.
Pros and Cons of Cryptocurrency4:32
Examine the advantages and disadvantages of cryptocurrency as a decentralized money system, from faster peer-to-peer transfers and no central intermediaries to risks like pseudonymity, volatility, and hacks.
Bitcoin and Altcoins4:09
Explore how bitcoin, the first scarce digital cash with a 21 million cap on a decentralized blockchain, differs from altcoins on a peer-to-peer network.
Difference between Coin and Token11:35
Compare coins and tokens by noting that coins have their own blockchain and function as money, while tokens run on existing blockchains with diverse uses.
Stablecoins4:29
Discover how stablecoins peg to fiat, commodities, or other assets to reduce crypto volatility for daily transactions, and compare fiat, crypto, and algorithmic models such as Dai and UST.
Stablecoins: Strengths & Weaknesses2:03

What the Consensus Mechanism is3:48
Explore how consensus mechanisms enable fault-tolerant agreement on blockchain data, including POW and POS, and how various algorithms maintain secure, decentralized ledgers.
PoW - Proof of Work4:16
Explore proof of work as a decentralized consensus mechanism that secures Bitcoin-like blockchains through mining, hashing with sha-256, and difficulty targets, earning rewards while facing energy and efficiency trade-offs.
Mining Explained7:26
Explore how blockchain mining adds transactions to a distributed ledger, prevents double spending, and rewards miners via blocks, hashes, and proof of work.
PoS - Proof of Stake6:04
Learn how proof of stake uses validators who stake coins to verify blocks via random selection and multi-validator finalization, contrasting it with proof of work’s energy use.
Staking Explained9:11
Explore how proof of stake validates transactions, how staking earns rewards, and why it offers a more energy-efficient, scalable alternative to proof of work.
PoA - Proof of Authority7:58
Explore proof of authority, a reputation-based consensus for private blockchains that uses pre-approved validators to achieve high throughput, while addressing privacy and centralization trade-offs.
PoH - Proof of History3:04
Learn how the proof of history consensus uses a verifiable delay function and sha-256 hashing to create time-stamped transaction sequences in Solana, a fast, high-frequency hybrid of proof of stake.
Brief description of less popular Consensus Mechanisms2:06
What is Smart Contracts6:51
Learn how smart contracts automate agreements on blockchain, executing predefined if-then rules instantly and without intermediaries, ensuring security, transparency, and efficiency.

Requirements

No prior knowledge needed to take this course, only a desire to learn about blockchain and cryptocurrencies

Description

The "Blockchain and Cryptocurrency Basics for Beginners" course intends to gain your expertise in Cryptocurrency and Web3 world.

Everything you need to gain a solid foundation of Crypto and Web3 is here. Learn about Proof of Work, Proof of Stake, Blockchain foundation, forks, and much more.

This course is perfect for entrepreneurs, professionals, investors, and developers.

You will learn pretty much to start your investor or developer journey and make a step forward in this field.

The global economy is in a financial collapse in 2022, and Cryptocurrency provides the number 1 asset class to gain financial security, avoid recession & increase your purchasing power. And I will safely navigate you through everything you need to know to understand and take advantage of it! Cryptocurrency prices are at an 18-month low, and the opportunity to buy the best coins within the Crypto space exists today!

Cryptocurrency investing - an asset class that will be invested in for the next decade and beyond! And you can benefit from it right in the early stages!

THIS BEGINNERS CRYPTOCURRENCY AND BLOCKCHAIN COURSE INCLUDES:

Cryptocurrency Investing
Cryptocurrency Mining
Cryptocurrency Wallets
DeFi, GameFi, NFT
Cryptocurrency Exchanges
Blockchain
Smart Contacts & Much, Much More!

If you are a full beginner in Crypto World, this course is the best way to start!

Don't miss your chance to make unbelievable profits, during the next bull run. The best time to learn crypto is right here and right now!

Enroll now and make your life much easier, more interesting, and full of new knowledge!

Who this course is for:

Managers, entrepreneurs, and students who want to build a career in and around the blockchain industry
Investors and consultants seeking to understand digital assets from the ground up
Everybody who wants to quickly learn about the essentials in blockchain and cryptocurrency

Blockchain & Cryptocurrency Basics for Beginners

What you'll learn

Explore related topics

Course content

Blockchain Principles7 lectures • 32min

Cryptocurrencies Principles6 lectures • 37min

Consensus Mechanisms, Mining, Staking9 lectures • 51min

Requirements

Description

Who this course is for: