Bitcoin Technology Fundamentals

Overview/Description
Target Audience
Prerequisites
Expected Duration
Lesson Objectives
Course Number
Expertise Level

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Overview/Description
Bitcoin is a digital currency system that's driven by a database technology known as Blockchain, but what's the underlying technology? In this course, you'll learn the technological fundamentals of Blockchain, including basic Bitcoin technology, transactions, the pros and cons of transactions, and Bitcoin mining.

Target Audience
Professionals who want to leverage Bitcoin technology in their field of expertise

Prerequisites
None

Expected Duration (hours)
1.2

Lesson Objectives

Bitcoin Technology Fundamentals

start the course

explain the basics of Bitcoin addresses

explain the basics of Bitcoin networks

explain the basics of mining bitcoins

describe improvement proposals for Bitcoin

describe Blockchain explorers

explain how Bitcoin is purchased

explain how Bitcoin is sold

describe unspent transaction outputs (UTXOs)

describe the aspects of anonymity when dealing in Bitcoin

explain the volatility of Bitcoin

discuss unconfirmed transactions

describe irreversibility as it pertains to Bitcoin transactions

describe the mining process

describe mining pools and centralization

discuss mining and security issues with Bitcoin

discuss Bitcoin wallet hardware

discuss experimental opportunities for Bitcoin and Blockchain

explain Bitcoin's social impact

explain the issues surrounding Bitcoin and its future

explain the fundamentals of Bitcoin technology, including basic technology, transactions, pros and cons, and mining

Course Number:
df_blch_a03_it_enus

Expertise Level
Beginner