Join Jonathan Reichental for an in-depth discussion in this video What you should know, part of Blockchain: Beyond the Basics.
- Since this is an advanced course, I'll assume you already understand the basics of blockchain technology. If not, I encourage you to first watch my Blockchain Basics course. That course will provide the necessary foundation for much of what I discuss in this advanced course. In addition, this course assumes you have introductory knowledge of computing, programming, databases, and networking concepts. That said, this isn't a programming course. We won't learn to code in Solidity, a blockchain coding language, for example, or to program software that uses BitCoin.
If programming is where you want to go with cryptocurrencies and blockchain technology, and I hope many of you do, then this course will help to prepare you. It's time for us to jump in and discover what's under the covers of this fascinating technology. If you're ready, I'm ready.
- Explain how the relationship between blockchain and Bitcoin is similar to the relationship of the internet and FTP.
- List specific qualities of a blockchain database.
- Describe how transactions are updated in a distributed ledger.
- Explain how the price of Bitcoin is derived.
- Assess the core benefits of altcoins.
- Recall how blockchain relates to the energy sector.