Introduction to Cryptocurrency & Bitcoin

Introduction to Cryptocurrency & Bitcoin

Cryptocurrencies have become an integral part of the modern world today.  Both Cryptocurrencies and Bitcoin are buzzword in today's commercial market. To succeed well in making money using cryptocurrency and bitcoin, one must understand and try to learn about it. 

This course is perfect for brand new beginners who wants to trade in cryptocurrency and bitcoin. Those with basic knowledge can learn to enhance their skills as advanced concepts are also covered.  This course will definitely give you practical knowledge required to trade in these two.

What is taught in this course?

• What is Cryptocurrency

• Differentiate Conventional vs. Cryptocurrency

• Classification of Cryptocurrencies

• Benefits of Using Cryptocurrency

• What is Blockchain Technology

• What is Bitcoin

• Characteristics of the Bitcoin Blockchain

• What are ‘Altcoins’

• How the Bitcoin System Works

• Key Terms Related to Cryptocurrency

A ‘Cryptocurrency’ is a form of digital currency or cryptographic money is an advanced digital asset created to be intended to function as a medium of trade utilizing cryptography to secure the exchanges and to control the production of extra units of the currency.  Bitcoin is the first of cryptocurrency with the biggest market cap to date with a USD 286bn which is almost 50% of total market capitalization.

The advent of Bitcoin was in 2008 through a white paper that was published under the pseudonym “Satoshi Nakamoto.”  This white paper looked similar to any other academic paper. It was published through an email mailing list for cryptography.

The white paper creator’s main intention behind introducing Bitcoin was to create a system that allowed electronic payments and transactions which would work similar to just like a cash-like payment processing system. He also intended this system to have several benefits and characteristics of physical cash.

There is a separate section in the middle of the course which covers about BlockChain Technologies also.  To put it plainly, blockchain is a computerized, decentralized record ledger that utilizes programming calculations to record all transactions or exchanges dispersed over a distributed system.

There is one case study which explains about the underlying implications of cryptocurrencies in the finance world.

No prior experience is required to join this course.

The entire course comes with bundle of 10 video courses, DIY, 2 Exercises at the end of the session and few interesting facts to add value to the content and to make the course interesting.

All you need to do now is click the button to enroll and get stated.

Cryptocurrencies have become an integral part of the modern world today.

Url: View Details

What you will learn

• Explain What is Cryptocurrency
• Differentiate Conventional vs. Cryptocurrency
• Explain the Classification of Cryptocurrencies

Rating: 4.7

Level: Beginner Level

Duration: 33 mins

Instructor: Management Study Guide