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You will be equipped with the knowledge needed to create nodes on your personal Detailed Blockchain Basics, create accounts, unlock accounts, mine, transact, transfer Ethers, and check balances.
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About this Course
This course on Detailed Blockchain Basics provides a broad overview of the essential concepts of blockchain technology – by initially exploring the Bitcoin protocol followed by the Ethereum protocol – to lay the foundation necessary for developing applications and programming.
You will learn about the decentralized peer-to-peer network, an immutable distributed ledger, and the trust model that defines a blockchain. This course enables you to explain the basic components of a blockchain (transaction, block, block header, and the chain) its operations (verification, validation, and consensus model) underlying algorithms, and essentials of trust (hard fork and soft fork).
Content includes the hashing and cryptography foundations indispensable to blockchain programming, which is the focus of two subsequent specialization courses, Smart Contracts and Decentralized Applications (Dapps). You will work on a virtual machine image, specifically created for this course, to build an Ethereum test chain and operate on the chain. This hands-on activity will help you understand the workings of a blockchain, its transactions, blocks and mining.
Main concepts are delivered through videos, demos, and hands-on exercises.
What You Will Learn
- A learner will be able to recognize foundational concepts of blockchain and apply these program concepts on the blockchain.
Skills You Will Gain
- Cryptography in Detailed Blockchain Basics
4 hours to complete
Detailed Blockchain Basics: Blockchain Defined
We will introduce and define blockchain, explain the structure and operational aspects of Bitcoin blockchain, and compare different types of blockchains.
5 videos (Total 26 min), 6 readings, 5 quizzes
4 hours to complete
Detailed Blockchain Basics: Ethereum Blockchain
We will discuss the innovation of the Ethereum blockchain, review its protocol, and explore the payment model for code execution.
5 videos (Total 19 min), 5 readings, 5 quizzes
3 hours to complete
Detailed Blockchain Basics: Algorithms & Techniques
We will discuss the concept of asymmetric key encryption, define the concept of hashing, and explain techniques that use algorithms to manage the integrity of transactions and blocks in the blockchain.
4 videos (Total 21 min), 5 readings, 5 quizzes
5 hours to complete
Detailed Blockchain Basics: Trust Essentials
We will define elements of trust in blockchain and discuss the Consensus protocol.
5 videos (Total 19 min), 5 readings, 6 quizzes