Blockchains & Ethereum: Introduction


Overview/Description
Expected Duration
Lesson Objectives
Course Number
Expertise Level



Overview/Description

After reviewing the elements of blockchains and how they can store sequences of records, you will learn how to recognize Ethereum’s characteristics in this 8-video course. Participants will learn how to implement important concepts such as hashing, mining, miners (who successfully mine blocks of data), smart contracts, and cryptocurrencies. Familiarize yourself in depth with the process of mining; learn how mining acts to sequence records; and become able to distinguish between centralized and distributed ledgers. You will now be able to describe the role played by Ethereum’s special cryptocurrency—known as Ether—and identify the key details required when invoking transactions in the Ethereum network, which records data in a transparent and verifiable manner. By the end of this course, you will also be more proficient at recognizing the role played by mining nodes, and learn to define the special concept of gas, the term used to measure complexity of transactions.



Expected Duration (hours)
1.0

Lesson Objectives

Blockchains & Ethereum: Introduction

  • Course Overview
  • recall what constitutes a blockchain and how they can be used to store a sequence of records
  • recognize the characteristics of the Ethereum blockchain network and how it records transaction data in a transparent and verifiable manner
  • describe at a high level what the process of mining involves and the role of Ethereum's cryptocurrency - Ether
  • outline the technique of sequencing records by breaking them up into blocks and arranging those blocks in a chain
  • distinguish between a centralized and a distributed ledger, and recount how blockchains function as a distributed ledger of records
  • identify the details required when invoking transactions in the Ethereum network
  • recognize the role of mining nodes in the Ethereum network and the define the concept of gas which is used to measure the complexity of transactions
  • recall the properties of blockchains in general and the Ethereum network in particular, and the concepts behind distributed ledgers
  • Course Number:
    it_bcinbedj_01_enus

    Expertise Level
    Beginner