An Entrepreneur and Hustler with Investment Certified  . Teacher For Intellectual Courses In Technology and Economics  

Kumar Ajay

Bitcoin has become world phenomenon since its launch , Now there are 30 active cryptocurrencies in the world . In this course you will learn about what is Bitcoin and how it works also how other cryptocurrencies are different from each other, understanding blockchain and history of cryptocurrencies with the foundation of all three famous cryptocurrency. Total market capitalization for cryptocurrencies are $100 Bn and it is growing at an exponential rate. In this course you will learn about Ethereum and Ripple to 2nd and 3rd most famous Cryptocurrency.

English

Teachathon July 2017 - Understanding Bitcoin and Cryptocurrency

Lifelong learning

Bitcoin was founded by Satoshi Nakomoto in 2009 , In this lesson we will learn about what is bitcoin and how blockchain technology works with it . Introduction to mining and how bitcoin can be transfer without participation of a bank or government .

What is Bitcoin and How it Works

Satoshi Blockhain is a mathematical puzzle which uses peer to peer networking computers to process transaction . In this lesson we learn about blockchain 
components . Also we discuss about future of blockchain applications that might become a part of your life in near future .

What is Blockchain

Bitcoin was founded by an anonymous hacker name Satoshi Nakomoto , In this lesson we learn about the foundation of Bitcoin and I take you to a roller coaster ride of Bitcoin .

Bitcoin have seen ups and downfall since it launch in this lesson we learn about all of the events that made Bitcoin what it is today .

The growth graph for 2017 shows how Bitcoin was able to touch 3000$ price tag .

History of Bitcoin

In this lesson I teach about public ledger where all Bitcoin transactions get recorded .Every individual node have a ledger file which gets updated on every single transaction .

Public ledger is available for access to anyone , only public key and the value can be seen .It does not reveals the identity .

What is Public Ledger

In this lesson I talk about has power used to start mining Bitcoin and how does it compute and mine . There are more than 8000 nodes active at one time which keep powering the system and helps transaction execution smoothly .

Also I take you to a infographic of mining where it shows how does mining is actually working .

What is Mining of Bitcoin

Bitcoin wallet is the first step to engage with Bitcoin , It helps you to buy ,store and spend the Bitcoins .

Public key is your wallet address that is publicly available .

Private key is the secret key which have to protect for yourself .If private key is shared with someone you can loose your coins .

Digital signature creation process is a great example of cryptography in Bitcoin transactions . Watch this lesson and you will learn it .

Understanding Bitcoin Wallet, Keys and Signature

Bitcoin market cap is more than $41.3 Bn which makes it most famous Cryptocurrency in the world .
 
Today the price is 2700 $ for a Bitcoin but it might fall the very next day . BIP148 on August 1st can bring it's value down again and then it might increase after that .

How Does Bitcoin Value and Units Work

This lesson I talk about #2 Cryptocurrency of the world Ethereum . This was founded in 2011 by Russina Entrepreneur Vilatlik Buterin .

Ethereum is another decentralized Cryptocurrency which does better than Bitcoin in term of few issues .

Also I talk about ICO (Initial coin offering ) and how Smart contract are making there way in future .

What is Ethereum

Ripple is #3 most famous Cryptocurrency in the world . It is owned by Ripple labs .

70% of Ripple coins are owned by founding organization itself . Unlikely two top Cryptocurrencies Bitcoin and Ethereum it can not be mined or there is no reward system .

Whereas this is created by Banks and they don't wanted to.left behind , The currency is sitting on a good market cap of $7.5 Bn .

Understanding Ripple Cryptocurrency

There are 30 active Cryptocurrencies int he world , And the most famous top 10 Cryptocurrencies are 
1. Bitcoin
2. Ethereum
3. Ripple
4. Litecoins
5. Monero
6. Eth Classic
7. Dash
8. MaidSafeCoin
9. Augur
10 . Nem 

But top 3 currencies are dominating the 80% of the total market .

In this lesson we also learn about what is difference between Bitcoin , Ethereum and Ripple .

Various Types of Cryptocurrency and How they Work

We are in very beginning stage of Cryptocurrencies where there are still issues to be solved .

But there is a great future which is waiting for them , Smart contracts from Ethereum would be creating some  great revolutionary services and products in coming future .

Mass adoption will still a miles away for Cryptocurrencies but it is already started as a revolution .

Lessons

11 lessons • 1h 45m

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What is Bitcoin and How it Works

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What is Blockchain

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History of Bitcoin

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What is Public Ledger

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What is Mining of Bitcoin

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Understanding Bitcoin Wallet, Keys and Signature

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How Does Bitcoin Value and Units Work

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What is Ethereum

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Understanding Ripple Cryptocurrency

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Various Types of Cryptocurrency and How they Work

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