Free Ebook cover How Cryptocurrencies work, from basics to advanced

Free ebookHow Cryptocurrencies work, from basics to advanced

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65 pages3 hours and 43 minutes

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Course content

1

What are cryptocurrencies

2

The Origin of Cryptocurrencies

3

How cryptocurrencies are created

4

What is cryptocurrency mining

5

How cryptocurrency transactions work

6

What is blockchain

7

How blockchain is used in cryptocurrencies

8

The security of cryptocurrency transactions

9

What is a digital wallet

10

How to create a digital wallet

11

How to buy cryptocurrencies

12

how to sell cryptocurrencies

13

How to store cryptocurrencies safely

14

What is a cryptocurrency exchange

15

How to choose a cryptocurrency exchange

16

The risks of investing in cryptocurrencies

17

The advantages of investing in cryptocurrencies

18

The different types of cryptocurrencies

19

What is Bitcoin

20

How Bitcoin Works

21

What is Ethereum

22

How Ethereum Works

23

what are tokens

24

How tokens work

25

What is ICO (Initial Coin Offering)

26

How to participate in an ICO

27

What is DeFi (Decentralized Finance)

28

How DeFi works

29

What is a smart contract

30

How smart contracts work

31

What is Proof of Work

32

What is Proof of Stake

33

How off-chain transactions work

34

What is a fork in cryptocurrencies

35

What is a node in a cryptocurrency network

36

What is cloud mining

37

How cryptocurrency transaction fees work

38

What is a 51% attack

39

How Privacy Works in Cryptocurrency Transactions

40

What is a peer-to-peer network

41

How anonymous cryptocurrencies work

42

What is a cryptocurrency swap

43

How stablecoins work

44

What is a cryptocurrency whitepaper

45

What is halving in cryptocurrencies

46

What is a mining pool

47

What is a hard fork and a soft fork

48

What is a cryptocurrency address

49

How private and public keys work

50

What is a blockchain explorer

51

What is a cryptocurrency hash

52

What is a full node in cryptocurrencies

53

What is a light node in cryptocurrencies

54

What is a pending transaction in cryptocurrencies

55

How cryptocurrencies work in tax terms

56

What is a cold and hot wallet

57

What is a Sybil Attack

58

What is a double spending attack

59

What is a blockchain reorganization attack

60

What is a dusting attack on cryptocurrencies

61

What is a brute force attack on cryptocurrencies

62

How decentralized exchanges work

63

What is a non-fungible token (NFT)

64

What is a DAO (Decentralized Autonomous Organization)

65

How DAOs work

Course Description

Are you eager to dive deep into the world of cryptocurrencies? Our comprehensive course, "How Cryptocurrencies Work: From Basics to Advanced," is designed for those passionate about understanding the intricate workings of digital currencies, belonging to the Investments subcategory within Business Administration.

This 65-page course offers a thorough exploration of cryptocurrencies, their origin, and the revolutionary impact they have on the financial landscape. It begins by elucidating the fundamental question: What are cryptocurrencies? You'll traverse the historical path that led to the inception of these digital assets, highlighting the technological and economic factors that laid the groundwork for their emergence.

Delving deeper, you will uncover the mechanisms of cryptocurrency creation and mining. Learn about the fascinating process of how transactions are verified and added to the blockchain, the underlying technology that powers all cryptocurrency transactions.

Security is a paramount concern in the cryptocurrency world, and our course dedicates ample focus to explain the security measures in place for transactions, the concept of digital wallets, and how to secure them effectively. You will understand how to create and manage your digital wallet, making you adept at buying, selling, and safely storing your cryptocurrencies.

A critical component of navigating the cryptocurrency ecosystem is understanding exchanges. The course provides insights into what a cryptocurrency exchange is, how to choose one wisely, and the various risks and advantages of investing in cryptocurrencies. Different types of cryptocurrencies, such as Bitcoin and Ethereum, are extensively covered, including their specific functionalities and the technologies behind them.

The course also demystifies complex concepts like tokens, ICOs (Initial Coin Offerings), and decentralized finance (DeFi), revealing how they function in the grand scheme of cryptoeconomics. Topics such as smart contracts, consensus mechanisms like Proof of Work and Proof of Stake, and off-chain transactions are explained with clarity.

Further, the course touches upon the various kinds of attacks that can threaten cryptocurrencies, such as 51% attacks, Sybil attacks, and double spending attacks. You will gain knowledge about forks in cryptocurrency networks, nodes, and the function of cloud mining.

Additionally, you will explore the nuances of cryptocurrency transactions, from understanding transaction fees to the privacy aspects and the role of peer-to-peer networks. The course also explains advanced topics like decentralized exchanges, NFTs (Non-Fungible Tokens), DAOs (Decentralized Autonomous Organizations), and how these entities operate.

By the end of this course, you will have a comprehensive understanding of how cryptocurrencies work, the associated risks, the technological innovations driving their adoption, and the potential for future investment opportunities. This course is specifically designed to equip you with the knowledge required to navigate and succeed in the rapidly-evolving world of digital assets.

This free course includes:

3h43m free online audio course

65 content pages

Certificate of course completion

Exercises to train your knowledge

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Introduction to Cryptocurrencies: Starting Your Journey

Begin your adventure in the world of cryptocurrencies with introductory courses designed to provide a solid foundation in the basic concepts. Grasp the principles of blockchain technology, learn how cryptocurrencies function, and discover the potential of this revolutionary form of money. These courses are perfect for those taking their first steps in the cryptocurrency universe.

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Technical Analysis and Crypto Trading

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Blockchain Development and Cryptocurrency Creation

Interested in the technical side of cryptocurrencies? Delve into blockchain development and learn how to create your own cryptocurrency. These courses cover various blockchain platforms, smart contract programming, and the steps required to launch a successful digital currency.

Understanding Cryptocurrency Security and Compliance

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Exploring the Impact of Cryptocurrencies on Society

Gain insight into the broader implications of cryptocurrencies on society and the economy. These courses examine the potential of digital currencies to transform industries, empower individuals, and challenge traditional financial systems. Understand the ethical considerations, legal aspects, and the future prospects of this dynamic field.

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