Overview/Description
Working with Bitcoin involves the use of wallets and clients, and it's important to understand the security and regulatory considerations when working with the digital currency. In this course, you'll learn about working with Bitcoin, including wallets and how they work, Bitcoin clients and design, and security and regulatory considerations for working with Bitcoin.
Target Audience
Professionals who want to leverage Bitcoin technology in their field of expertise
explain the purpose of mining, the value to miners, and how new bitcoins are created
describe Bitcoin mining, proof-of-work, and pooled mining
explain mining and processing, and the purpose and types of mining hardware
describe the types of wallets
explain deterministic wallets
describe how to secure wallets
explain passphrase-encrypted wallets
describe full node and thin clients and security issues relating to both
explain the Wallet Input Format (WIF) and importing and exporting functionality in Bitcoin wallets
explain how to back up Bitcoin
explain Bitcoin transactions and fees
describe the various security issues with Bitcoin
explain cold storage and offline Bitcoins
discuss conjoining and block trades
describe how merchants can accept bitcoins
describe payment processors and what they do
describe the secure payment protocol (BIP70) and how it's used
explain regulatory and compliance issues surrounding Bitcoin
discuss the various tax implications of Bitcoin
explain how to work with Bitcoin, including wallets and how they work, Bitcoin clients and design, and security and regulatory considerations for working with Bitcoin