Beginner's Guide to Cryptocurrencies (and Bitcoin)
- Description
- Curriculum
- FAQ
- Reviews
The use of cryptocurrency is growing and there are no signs that its adoption is slowing down. Even in the movies, cryptocurrency and the blockchain is being mentioned more and more. Not only are major companies also creating their own cryptocurrencies, but also known as digital currencies, and taking them as a method of payment, but countries around the world are also looking into creating their own cryptocurrencies as an alternative unit of currency, and using them both as a method of payment and overall unit of transaction.
There are even companies who now give their employees the option to be paid in cryptocurrency! But what exactly are cryptocurrencies and why bother to use them? What are coins and tokens, and are they both cryptocurrencies? And what is the difference between the thousands of cryptocurrencies that are on the exchanges?
Join us on this course to learn about cryptocurrencies and become smarter about investment, payment, and transaction options that may affect your future.
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1Introduction to the courseVideo lesson
Join us on this course to learn about cryptocurrencies and become smarter about investment, payment, and transaction options that may affect your future.
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2Introduction to CryptocurrenciesVideo lesson
What exactly are cryptocurrencies and why are some people getting a ridiculous return on investment while others lose almost all of their investment?
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3The Technology behind CryptocurrenciesVideo lesson
Cryptocurrencies are run on blockchain technology but what is it?
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5Accessing Cryptocurrencies and WalletsVideo lesson
In order to start sending and receiving cryptocurrencies, you first have to create an account on a cryptocurrency exchange. How can you get one and what do you need to know before that?
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6Public and Private KeysVideo lesson
Once you have your first cryptocurrencies in your wallet, then you probably want to know how to send your coins or tokens and how does this process work.
In order to make transactions, the money and the information has to be encrypted so no-one other than the recipient has access to receive this money or use the information sent.
This is where the public and private keys come into play.
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7Tokens or Coins or Both?Video lesson
Now you might be wondering, what are coins, what are tokens and what’s the difference?
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8Volatility of Cryptocurrencies, and Who Controls the PriceVideo lesson
Since cryptocurrencies are still relatively new, then there isn’t a lot of money in this system yet.
This means that the prices are more affected by buying and selling, making them more likely to fluctuate.
Why is that?
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9Creation of a Personal Token/CoinVideo lesson
Do cryptocurrencies seem like fun?
You create your own!
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10Bitcoin [BTC]Video lesson
Bitcoin is the world’s first cryptocurrency, described in 2008 by an unknown person or a group called Satoshi Nakamoto.
The purpose of Bitcoin is to become an alternative to traditional payment solutions, offering worldwide payments incredibly fast and cheap, without having a central authority, like the bank, controlling the transactions.
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11Ethereum [ETH]Video lesson
Ether is one of the top cryptocurrencies, proposed by Vitalik Buterin in 2013, as the next step in cryptocurrencies and blockchain.
Ethereum is a blockchain-based, open-source smart contract platform.
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12Ripple [XRP]Video lesson
Ripple is the world’s first enterprise blockchain solution for global payments.
It connects banks, payment providers, digital asset exchanges and more through its network to provide frictionless global payments.
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13Bitcoin Cash [BCH]Video lesson
Bitcoin Cash is a Bitcoin hard-fork that happened on the 1st of August, 2017.
The fork was initiated because of scalability issues with the classic Bitcoin.
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14Cardano [ADA]Video lesson
Cardano is considered a 3rd generation cryptocurrency, led by one of the founders of Ethereum, Charles Hoskinson.
Cardano is a smart contract platform like Ethereum but takes the idea to a new level by trying to solve issues with scalability, interoperability, and sustainability of current cryptocurrencies.
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15Litecoin [LTC]Video lesson
Litecoin is a cryptocurrency that like Bitcoin, offers peer-to-peer, near-instant, and almost zero cost payments to anyone in the world.
Created by Charlie Lee who has worked for Google and Coinbase, Litecoin is an open-source global payment network that is fully decentralized without any central authority.
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16NEO [NEO]Video lesson
NEO is a blockchain platform and cryptocurrency which enables the development of digital assets and smart contracts.
The project was founded by Da Hongfei in 2014 in China.
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17Stellar [XLM]Video lesson
Stellar is an open-source protocol for exchanging money founded by Jed McCaleb and Joyce Kim in early 2014.
Stellar was initially based on Ripple systems, with the aim of redesigning the global economy for more inclusiveness.
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18Monero [XMR]Video lesson
Monero is an open-source cryptocurrency created in April 2014 that focuses on privacy and decentralization.
Monero aims to improve on existing cryptocurrency design by obscuring the sender, the recipient, and the amount of every transaction made, as well as making the mining process more equal.
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19EOS [EOS]Video lesson
EOS is a blockchain-based, decentralized operating system, designed to support commercial-scale decentralized applications by providing all of the necessary core functionality, enabling businesses to build blockchain applications in a way similar to web-based applications.
One of the co-founders of EOS is Dan Laimer, who has previously developed BitShares, Steemit, and invented the Delegated Proof-of-Stake consensus algorithm (which is used in both, BitShares and EOS).
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20Dash [DASH]Video lesson
Dash is a peer-to-peer open-source cryptocurrency like Bitcoin, acting as digital cash that can be sent without the need for middlemen like the bank.
Dash was created by Evan Duffield and launched on the 18th of January, 2014 as a fork of Litecoin.
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21IOTA [MIOTA]Video lesson
IOTA is a next-generation public distributed ledger that, unlike other cryptocurrencies that utilize blockchain, uses a novel technological approach called the “Tangle”.
The Tangle is a new data structure based on a Directed Acyclic Graph (DAG).
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22NEM [XEM]Video lesson
The New Economy Movement (NEM) is an enterprise-grade solution created to power the impending blockchain economy, focused on creating a smart asset blockchain which could effectively work under heavy workloads.
Originally NEM was intended to be a fork of NXT, but the community decided to go with a completely new code.
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