This module focuses on the properties behind the second largest blockchain platform, Ethereum. We introduce the Ethereum Virtual Machine and the idea of Turing completeness, and examine some of the key protocol differences between Bitcoin and Ethereum, such as the UTXO vs. accounts model and functionality. We then look into some of the use cases of Ethereum, and conclude with an overview of smart contracts and building decentralized applications. Having spent the last modules primarily on cryptocurrencies, this module encourages students to think about blockchain use cases outside of cryptocurrency. Learn about crypto Cryptocurrencies are digital or virtual tokens that use cryptography to secure their transactions and control the creation of new units. And cryptocurrencies are often bought with "fiat" or traditional currency like US dollars or euros. However, they can also be bought with cryptocurrencies like Bitcoin or Ethereum. First, you must set up a digital wallet to store your coins to buy cryptocurrency. You can then buy coins on a cryptocurrency exchange using your fiat currency or another cryptocurrency.
Learn crypto
This sounds complicated but even dollar bills all have serial numbers to verify them and keep a record. It's the same with cryptocurrency. They can also all be divided into smaller pieces similar to how USD can be divided into pennies. Conclusion Watch Academy AMA, interviews, and online courses in Binance Live
How to trade crypto
Wondering how to buy Bitcoin? Or cryptocurrency in general? Here’s a step-by-step guide on crypto buying for beginners. Gain practical skills Alongside the basics, you will learn what to do when it comes to understanding the market and how trading works. And at completion, you will be rewarded with an NFT certificate.
Learn cryptocurrency
Cryptocurrencies fall under the banner of digital currencies, alternative currencies and virtual currencies. They were initially designed to provide an alternative payment method for online transactions. However, cryptocurrencies have not yet been widely accepted by businesses and consumers, and they are currently too volatile to be suitable as methods of payment. As a decentralised currency, it was developed to be free from government oversite or influence, and the cryptocurrency economy is instead monitored by peer-to-peer internet protocol. The individual units that make up a cryptocurrency are encrypted strings of data that have been encoded to represent one unit. Bitcoin, Ethereum, and other cryptocurrencies Cryptocurrency (or “crypto”) is a digital currency, such as Bitcoin, that is used as an alternative payment method or speculative investment. Cryptocurrencies get their name from the cryptographic techniques that let people spend them securely without the need for a central government or bank.
