Siim Õunap – Crypto and Blockchain for Beginners: The Ultimate Guide

Siim Õunap – Crypto and Blockchain for Beginners: The Ultimate Guide

Description:

Furthermore, this course explores implications of different blockchains such as smart contracts, how they function, what are the advantages, and cryptography which makes them so secure. File Size: 3.69 GB

Blockchain is the word on everyone’s lips these days.
Of course, blockchain is best known as the engine, or software, behind digital currency – otherwise known as cryptocurrency. Blockchain technology is used by millions of people daily for the use of payments, transfers and transactions.
But blockchain isn’t only about sending and receiving money! Far from it. It is important to understand about the use of blockchain as you will ultimately become the beneficiary of all its benefits, and if you were not aware of all those benefits, now is the time to start learning.
This online course will cover the basics of blockchain and cryptocurrencies:
Everything about what blockchain means, how was it created, why it matters, what it consists of, what makes it unique and useful, and why you should care. It also explains everything about cryptocurrencies, how they work, and why are they so volatile using some of the most popular ones in the market such as Bitcoin, Ethereum, Ripple and many others.
Furthermore, this course explores implications of different blockchains such as smart contracts, how they function, what are the advantages, and cryptography which makes them so secure.
After getting grounding on cryptocurrency and blockchain, the next time there is a conversation about these topics, you can actively participate in them. You should fully understand what cryptocurrencies and smart contracts are, the meaning of the words “miner” and “FIAT”, and you will not be dragged into scams.

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A cryptocurrency (or crypto currency) is a digital asset designed to work as a medium of exchange that uses strong cryptography to secure financial transactions,
control the creation of additional units, and verify the transfer of assets.
Cryptocurrencies use decentralized control as opposed to centralized digital currency and central banking systems.

The decentralized control of each cryptocurrency works through distributed ledger technology, typically a blockchain, that serves as a public financial transaction database.

Bitcoin, first released as open-source software in 2009, is generally considered the first decentralized cryptocurrency.
Since the release of bitcoin, over 6,000 altcoins (alternative variants of bitcoin, or other cryptocurrencies) have been created.

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