Bitcoin and crypto explained

bitcoin, blockchain, crypto-3132574.jpg
Bitcoin and crypto explained

Chapter 1: Unlocking Bitcoin – Unveiling the Pioneer of Cryptocurrency

In this exploration, we’ll delve into the intricate details of Bitcoin, a revolutionary network intertwined with a digital currency. Bitcoin’s allure isn’t just in being a cryptocurrency; it symbolizes a paradigm shift, challenging traditional financial norms.

crypto wallets
Bitcoin and crypto explained

Chapter 3: Crypto wallets

In this chapter, we unravel the mystery of crypto wallets, a critical component that differs significantly from traditional banking systems. By the end of this chapter, you’ll not only comprehend the workings of a wallet but also recognize the power held in the private key.

bitcoin, cryptocurrency, blockchain-6836272.jpg
Bitcoin and crypto explained

Chapter 5: Bitcoin Halvings

As per Satoshi Nakamoto’s design, every 210,000 blocks see the block reward halve, occurring approximately every four years. This events are known as the Bitcoin halvings.

cryptocurrency, asset, electronic payment-3409658.jpg
Bitcoin and crypto explained

Chapter 10: Exploring Altcoins – Beyond Bitcoin’s Horizon

The crypto space extends far beyond Bitcoin, ushering in a diverse array of alternative coins or “altcoins.” These alternative currencies emerged from the open-source nature of Bitcoin, allowing developers to fork the source code and create innovative variations.

multi-verse, multiverse, metaverse-7970350.jpg
Bitcoin and crypto explained

Chapter 13: Unraveling Web3, Metaverse and NFT’s

The Web3 revolution essentially revolves around restoring data ownership to consumers, leveraging blockchain technology. This restrains the dominance of big tech; data won’t be stored centrally on a tech player’s server but will be decentralized in the user’s wallet.

online banking, banking operations, pay-7541521.jpg
Bitcoin and crypto explained

Chapter 14: DeFi – The Rise and Risks in Lending and Borrowing

During the bullish run of 2020 and 2021, Centralized Finance (CeFi) and Decentralized Finance (DeFi) soared in popularity. CeFi involves centralized platforms, whereas DeFi operates through decentralized protocols, both allowing users to lend their crypto assets to earn interest.

hacker, silhouette, hack-3342696.jpg
Bitcoin and crypto explained

Chapter 16: Debunking the Myth – Crypto and Criminality

The notion that cryptocurrencies are inherently associated with criminal activities is a widespread misconception perpetuated by several factors. This oversimplified belief ignores the larger picture and the evolving dynamics of this disruptive technology.

finish, end, completed-1414156.jpg
Bitcoin and crypto explained

Conclusion: Navigating the Crypto World

Throughout this free course, we’ve endeavored to demystify Bitcoin, delve into cryptocurrencies, and share the perspectives of crypto enthusiasts in an easily digestible manner.