Loading

The New Alison App has just launched Download Now

Bitcoin for Everybody

Learn more about blockchain and Bitcoin technologies in general with this free online course.

IT
Free Course
This free online course explores the concept of Bitcoin as an upcoming store of value. The course provides a tangible lifecycle comparison between Bitcoin and other forms of money. By the end of the course, you will be able to understand Bitcoin technology and decipher the various associated misconceptions.

Description

Modules

Outcome

Certification

View course modules

Description

This course begins with a comparative discussion on Bitcoin economics and explores the history of money. This is followed by an explanation of the various attributes of a good store of value. Next, the course covers the Gartner hype cycles of money adoption. This is followed by an outline of the Gartner cohorts and the transition of money to a medium of exchange. The course then maps the nature of money compared to that of Bitcoin. Various common misconceptions such as the “Bitcoin bubble” are also discussed. Next, the material elaborates on the use of energy in any medium of exchange and the Bitcoin Proof Of Work (POW). This is followed by an explanation of the foundation and backing behind Bitcoin and money in general. It then goes ahead to discuss Bitcoin security and how Bitcoin is making other monies obsolete. This is then followed by an eye-opening discussion that compares Bitcoin and pyramid schemes, and why a government ban is unlikely.

You will then dives deeper into Bitcoin technology by looking into a brief history of the Cypherpunks Write Code. This is followed by an explanation of Bitcoin nodes and blockchain technology and how nodes interact with each other in a network. You will then look into the working of Bitcoin from the level of mining, validating and transacting. This is followed by an explanation of the Bitcoin governance model, control process and its owners. The course also compares Altcoins and Bitcoins. You will then delve deeper into the practical use of Bitcoins, and discover key concepts such as Bitcoin wallet, acquisition, security and privacy, and common scams within the cryptocurrency space.

You will uncover the concept of Bitcoin exhaustively by unearthing its history and its practical applications in today's world. Various misconceptions surrounding the existence and use of Bitcoins are clearly explained and clarified. By taking this course you will understand Bitcoin technology and apply the knowledge to invest safely and be part of the Bitcoin blockchain network. So start your learning journey today.

Start Course Now

Careers