Introduction to Bitcoin and Decentralized Technology

Bitcoin and its blockchain technology promise to make sending money--and interacting in general--cheaper, easier, more secure, and programmable. In this course, you'll learn about Bitcoin and a broad range of other decentralized projects.
Course info
Rating
(143)
Level
Beginner
Updated
June 15, 2016
Duration
3h 26m
Table of contents
Description
Course info
Rating
(143)
Level
Beginner
Updated
June 15, 2016
Duration
3h 26m
Description

Bitcoin and its underlying blockchain technology promise many improvements to currency and many other areas of online interaction. In this course, Introduction to Bitcoin and Decentralized Technology, you'll gain a tangible understanding of how Bitcoin and other decentrailized projects work. First, you'll learn how to use Bitcoin both as an end-user and developer, and where it can be applied. Next, you'll learn about the latest developments in Bitcoin, including multisignature HD wallets, payment channels, segregated witnesses, and about the blocksize debate. Finally, you'll get a broad survey of applications beyond Bitcoin, including Ethereum and Smart Contracts, prediction markets, decentralized storage, reduced volatility coins, IoT, Decentralized Autonomous Organizations and identity. When you're finished with this course, you'll have a broad understanding of the technology behind Bitcoin, as well as where and how it can be used.

About the author
About the author

Scott Driscoll is a software engineer fascinated by Bitcoin. His explanatory youtube videos have been seen millions of times, he currently organizes the Atlanta Bitcoin meetup, and has spoken at the Bitcoin Consumer Fair.

Transcript
Transcript

Hi my name is Scott Driscoll and welcome to my course, an Introduction to Bitcoin and Decentralized Technology.

I’m a software developer and Bitcoin enthusiast. I became utterly fascinated with Bitcoin several years ago, about just What is it, about how it works. I began sharing that knowledge on YouTube to an overwhelming reception, with well over a million views so far, and I’m excited to expand on those initial introductions with a full, in-depth course here at PluralSight.

At its current price, there are now almost $9 Billion dollars worth of Bitcoin in existence. But beyond that large valuation, many people are even more excited about the underlying blockchain technology, and ways it can be applied to storage, supply chains, identity, computing, and even governments.

Some of the major topics we’ll cover include:

  • The big ideas behind Bitcoin that make it special
  • Hands on demonstration of sending Bitcoin, securely storing it, accepting it on a website, and some basic coding examples
  • A deep dive into how Bitcoin works, including some of the newest features, like payment channels
  • And finally, a survey beyond Bitcoin, including other digital currencies and non-currency topics like the Ethereum decentralized computer, IPFS, or InterPlanetary File System, and prediction markets
While I do get somewhat technical, my main goal is to explain the ideas, not, for example, the precise formatting of a transaction. I hope both developers, and business and financial professionals, will find the course beneficial, obtaining a precise understanding of how and why this technology works, and where it can be applied.

I hope you’ll join me on this journey to see where decentralized and trustless technology can take us.