The Complete Cryptocurrency & Blockchain Course: All in One
The Complete Cryptocurrency & Blockchain Course: All in One Let’s talk about Cryptocurrencies. No doubt that you have already heard about Bitcoin. Did you know that Bitcoin is just one example of cryptocurrency? There are many more cryptocurrencies including Ethereum, Dogecoin, Shiba Inu, Cardona, Tether, Binance coin, etc. What then is cryptocurrency? Robinhood defined cryptocurrency as a digital asset used for investment or payments, which typically is not backed by any government or central bank and is usually based on a blockchain. This implies that cryptocurrency is like a fiat currency with a blockchain. So, the security of the cryptocurrency is tied to a blockchain instead of a central government or bank. In this class, Cryptocurrency Fundamentals: Cryptocurrency Simply Explained, we expatiated on the meaning, history, attributes, security, and structure of cryptocurrency. We examined the core uniqueness of cryptocurrency and the role of the blockchain in ensuring a tested and trusted decentralized working system. Furthermore, we assessed the merits and demerits of cryptocurrencies including the criticism based on carbon emissions released during the popular Bitcoin mining process. This course is a complete guide on cryptocurrencies with practical demonstrations including Bitcoin investing illustration on Binance and Coinbase. We discussed a lot about crypto wallets and exchanges to give you solid ground to start investing in cryptos. Also, we examined the common mistakes that newbies make when they start investing in cryptocurrencies and offered several insights for trading cryptocurrencies. In short, this class is a complete guide on cryptocurrency. Information is presented in a simple manner with exciting transition effects to keep you engaged in learning about cryptos. This class is the ultimate guide on the blockchain, which is the basis of cryptocurrency and supply chain tracking. We discussed the blockchain fully including its history, properties, structure, security, types, applications and uses in our modern world. Simply put, the blockchain is a chain of blocks that store transaction records. It is a system of recording information in a way that makes it difficult or impossible to change, hack, or cheat the system. It offers the maximum-security level currently known in our modern world. Furthermore, it is a decentralized, distributed, and oftentimes public, digital ledger consisting of records called blocks that are used to record transactions across many computers so that any involved block cannot be altered retroactively, without the alteration of all subsequent blocks. Thus, the blockchain is popularly referred to as Distributed Ledger Technology (DLT). Discovered in 1991, the blockchain has the following properties: peer-to-peer, borderless, censorship-resistant, decentralized, open-source, transparent and programmable. These attributes of the blockchain make it suitable for its widespread applications in Cryptocurrency, Banking and Finance, Healthcare, Real Estate, Identity Management, Military, Content distribution, Travel, Online Advertising, etc. In this class, you will be well equipped with a robust understanding of Blockchain and Cryptocurrency Fundamentals.