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Unlocking the Digital Gold: Mastering Bitcoin Fundamentals

Level 3 | Free Instant PDF Certificate | High-quality Course Materials| 24/7 Experienced Tutor Support | Lifetime Access


Texlearn Academy

Summary

Price
£12 inc VAT
Study method
Online, On Demand What's this?
Duration
1.5 hours · Self-paced
Qualification
No formal qualification
Certificates
  • Reed courses certificate of completion - Free
Additional info
  • Tutor is available to students

Add to basket or enquire

Overview

One of the popular courses offered by the Texlearn Academy to get you started on the road to skill improvement is Bitcoin Fundamentals Course. Learn the essential abilities and information you require to get the best results and maximize your professional potential!

You may ask questions and get assistance when you need it with the Bitcoin Fundamentals online training course, which offers all students comprehensive 24/7 professional tutor support throughout their learning journey. After finishing the Bitcoin Fundamentals course, all students will have immediate access to a free course completion certificate as evidence of their newly acquired abilities.

The Bitcoin Fundamentals course and its curriculum overview have been professionally prepared by qualified teachers, much like the rest of our well-liked and distinctive courses. Enrol in the Bitcoin Fundamentals course right away to give yourself the tools you need to succeed.

The Bitcoin Fundamentals course is divided into several in-depth units, each of which covers a crucial element of earning that you can use in the job.

Since the Bitcoin Fundamentals training program is self-paced, you may study whenever and wherever you choose using any internet-capable device. For all sorts of learners, this Bitcoin Fundamentals course is perfect.

Certificates

Reed courses certificate of completion

Digital certificate - Included

Will be downloadable when all lectures have been completed

Curriculum

15
sections
15
lectures
1h 29m
total

Course media

Description

Why Enrol on Bitcoin Fundamentals with Texlearn Academy:

The following are some of the justifications for why you should study the Bitcoin Fundamentals course:

  • Get Access to the Bitcoin Fundamentals course through the online learning platform
  • Get 24/7 experienced tutor support
  • The Bitcoin Fundamentals course is entirely online with high-quality course materials
  • Complete the Bitcoin Fundamentals course 100% online from any internet-enabled device anywhere
  • A very flexible course deadlines with full Lifetime access to the Bitcoin Fundamentals course

** Course Curriculum **

*** Bitcoin Fundamentals Course ***

Module 01: Introduction to Bitcoin

  • What Is Bitcoin?
  • Bitcoin as a Payment System: Solving the Double Spend Problem
  • The Advantages and Disadvantages of Digital Money
  • How Does Bitcoin Reduce the Trust Necessary in These Institutions?
  • How Does Bitcoin Work?

Module 02: How to Obtain Bitcoin and Storing Your Bitcoin

  • Introduction
  • Storing and Securing Your Bitcoin
  • The Threats

Module 03: How Bitcoin Works

  • Transactions, Blocks, Mining, and the Blockchain
  • Bitcoin Transactions
  • Adding the Transaction to the Ledger
  • Bitcoin Mining

Module 04: Bitcoin Core, Keys & Addresses

  • Introduction of Bitcoin Core
  • Public Key Cryptography and Cryptocurrency
  • Key Formats
  • Paper Wallets

Module 05: The Bitcoin Network

  • Introduction
  • Node Types and Roles
  • The Extended Bitcoin Network
  • Bitcoin Relay Networks
  • Full Nodes
  • Simplified Payment Verification (SPV) Nodes
  • Transaction Pools

Module 06: Bitcoin Security

  • Introduction
  • Developing Bitcoin Systems Securely
  • The Root of Trust
  • User Security Best Practices
  • Physical Bitcoin Storage
  • Balancing Risk
  • Survivability

Module 07: Wallets

  • Introduction
  • Wallet Technology Overview
  • Nondeterministic (Random) Wallets
  • Using a Bitcoin Wallet
  • Benefits of Investing Through a Crypto Wallet

Module 08: Bitcoin Wallet

  • What Is a Bitcoin Wallet?
  • Why do you need a Bitcoin Wallet?
  • How Do Bitcoin Wallets Operate?
  • Wallet Technology
  • Types of Bitcoin Wallets

Module 09: Transactions

  • Introduction
  • How do Bitcoin transactions work?
  • Transaction Outputs and Inputs
  • Transaction Fees
  • Transaction Scripts and Script Language

Module 10: Mining

  • Introduction
  • What Is Bitcoin Mining?
  • How Does Bitcoin Mining Work?
  • Risks of Bitcoin Mining
  • Validating a New Block
  • Assembling and Selecting Chains of Blocks
  • Mining Pools

Module 11: Consensus

  • What Is Consensus?
  • What Is a Consensus Mechanism?
  • Decentralised Consensus
  • Consensus Attacks
  • Changing the Consensus Rules
  • Hard Forks: Software, Network, Mining, and Chain
  • Diverging Miners and Difficulty
  • Contentious Hard Forks

Module 12: Alt Coins

  • Introduction
  • Litecoin
  • Peercoin
  • Other Alt-coins

Module 13: Blockchain Applications

  • Introduction
  • Building Blocks (Primitives)
  • Coloured Coins
  • Counterparty
  • Payment Channels and State Channels
  • Routed Payment Channels (Lightning Network)

Module 14: How Bitcoin Achieves Decentralisation

  • Introduction
  • Centralisation versus Decentralisation
  • Consensus without Identity Using a BlockChain
  • Block Reward
  • Mining and Proof of Work

Module 15: Decentralised Institutions & the Future of Bitcoin

  • The Block Chain as a Vehicle for Decentralisation
  • Template for Decentralisation
  • Decentralisation through Disintermediation
  • The Challenge of Real-World Security
  • Pros and Cons of Smart Property

Certification

You will receive a course completion Certification if you complete the Bitcoin Fundamentals course successfully.

When you apply for your preferred jobs, your Bitcoin Fundamentals course certificate will enable you to stand out from the competition by adding new, interesting abilities to your CV.

Who is this course for?

This Bitcoin Fundamentals course is perfect for professionals looking to expand their skill set and advance their careers as well as prospective students looking to expand their skill set.

You will get the information, knowledge, and techniques you need from this Bitcoin Fundamentals to build your confidence and advance your professional growth.

Requirements

The Bitcoin Fundamentals course from Texlearn Academy has no formal entry requirements. Students must meet the following requirements in order to enrol in the Bitcoin Fundamentals course:

  • Have a strong desire to learn
  • Display a good understanding of the English language, and basic IT skills
  • Be over the age of 16

Questions and answers

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FAQs

Study method describes the format in which the course will be delivered. At Reed Courses, courses are delivered in a number of ways, including online courses, where the course content can be accessed online remotely, and classroom courses, where courses are delivered in person at a classroom venue.

CPD stands for Continuing Professional Development. If you work in certain professions or for certain companies, your employer may require you to complete a number of CPD hours or points, per year. You can find a range of CPD courses on Reed Courses, many of which can be completed online.

A regulated qualification is delivered by a learning institution which is regulated by a government body. In England, the government body which regulates courses is Ofqual. Ofqual regulated qualifications sit on the Regulated Qualifications Framework (RQF), which can help students understand how different qualifications in different fields compare to each other. The framework also helps students to understand what qualifications they need to progress towards a higher learning goal, such as a university degree or equivalent higher education award.

An endorsed course is a skills based course which has been checked over and approved by an independent awarding body. Endorsed courses are not regulated so do not result in a qualification - however, the student can usually purchase a certificate showing the awarding body's logo if they wish. Certain awarding bodies - such as Quality Licence Scheme and TQUK - have developed endorsement schemes as a way to help students select the best skills based courses for them.