Cryptocurrency Academy by CoinsPaid | Basic Course

The lesson materials help you learn the history of cryptocurrencies and the key stages of technology development underlying them. The information presented forms an idea about the main trends in crypto market development. But the main thing is that the first lesson of the course answers the question: “What is cryptocurrency?”

Blockchain is the fundamental technology for cryptocurrencies. That’s why it’s crucial to understand how this technology works and have a general idea about consensus algorithms, primarily about Proof-of-Work and Proof-of-Stake. The second lesson is a great help in getting to grips with this topic.

Cryptocurrency is a relative term, and it can be of different types. Cryptocurrencies are based on the token concept, and their kinds differ as well. Digital assets include crypto tokens, which can’t be called cryptocurrencies. The third lesson takes you through all of this by systematizing cryptocurrency assets by kind, token type, and functional purpose.

It’s impossible to use cryptocurrency without a crypto address managed conveniently with cryptocurrency wallets. And no, they aren’t the same thing. The fourth lesson focuses on the principles of holding crypto-assets and the peculiarities of the necessary software.

Smart contracts are another core concept of the cryptocurrency industry. What are they, and what types exist? What is their role in crypto projects in general and the DeFi sector in particular? The fifth lesson answers all these questions.

Various countries view cryptocurrencies differently. The sixth lesson focuses on the legal specifics regarding certain aspects of cryptocurrencies in jurisdictions where most CoinsPaid employees live and work.