Unit 1: Introduction to Bitcoin Technology
In this first unit, you'll learn the basics of Bitcoin and open blockchain systems. We'll cover open, decentralized networks and how Bitcoin maintains a balance of power, what a Bitcoin actually is, the basics of network consensus, and more. Later units of the course will dive into more depth on much of what is covered here. This unit aims to provide you with a basic understanding of what Bitcoin is doing and how this open and decentralized system can function without centralized control.
After completing this unit, you will be able to explain the structure of the Bitcoin system and summarize how these components were put together to create the first open blockchain network.
Completing this unit should take you approximately 2 hours.
1.1: What is Bitcoin?
1.2: P2P Networks
1.3: Ledger Entries
1.4: Intro to Consensus
1.5: Decentralization and Balance of Power
1.6: Open Systems
1.7: Exercise: Look Up a Transaction on a Blockchain Explorer
Study Session Review Video
Unit 1 Assessment
- Receive a grade