Blockchain for Beginners

A course designed for a complete beginner who even have zero knowledge of coding, but interested to learn Blockchain.

A complete guide for total beginners with no prior knowledge but a keen interest to learn about this evolving technology of Blockchain. Learners will be able to have a complete understanding of blockchain beyond cryptocurrency. Anyone can start their understanding of the fundamentals of blockchain, the blocks, nodes, public and private blockchain, and its application.

What you’ll learn

  • A complete beginner’s guide to Blockchain technology with no prior knowledge requirement..
  • No coding skill is required to understand the working mechanism of Blockchain and its applications.
  • Identify the applications of Blockchain beyond Cryptocurrencies and the job opportunity in this emerging technology.
  • Complete understanding of the concept of public and private Blockchains and able to draft a potential use case of blockchain.

Course Content

  • Introduction –> 2 lectures • 3min.
  • Blockchain Craze –> 2 lectures • 13min.
  • Blockchain Fundamentals –> 5 lectures • 36min.
  • Working of a blockchain –> 6 lectures • 24min.
  • Blockchain Real World applications –> 6 lectures • 43min.

Blockchain for Beginners

Requirements

A complete guide for total beginners with no prior knowledge but a keen interest to learn about this evolving technology of Blockchain. Learners will be able to have a complete understanding of blockchain beyond cryptocurrency. Anyone can start their understanding of the fundamentals of blockchain, the blocks, nodes, public and private blockchain, and its application.

 

A COMPARISON BETWEEN BLOCKCHAIN AND INTERNET

 

The Internet is an information machine while the blockchain is a truth machine

 

*) The Internet is a machine of information that allows people to transmit information to each other with lower cost and higher efficiency.

 

*) The blockchain’s data structure, along with a combination of cryptography, timestamps and other technologies, ensures that once a piece of data is linked, it is not tampered with or revoked, but is traceable.

 

*) So blockchain is a truth machine compared to the Internet.

 

*) This is a very big difference between the Internet and blockchain.

 

*) In the Internet era, no matter what kind of database, the data can be revoked and changed, which means there’s no Internet-based database is immutable.

 

Trust mechanism is the core difference

 

 

*) The trust mechanism between the Internet and the blockchain is completely different.

 

*) There is no good or bad. The difference between centralized trust mechanism and the decentralized trust mechanism is not being good or bad, high or low.

 

*) But when the proportion of the digital economy and digital life becomes higher and higher, we may no longer rely on the centralized trust mechanism to make a trusted endorsement in some environments and scenarios.

 

*) Instead, using a decentralized trust mechanism is more efficient and lower-cost.

 

*) This is the core difference between the Internet and blockchain.

 

*) Decentralized trust mechanism relies on algorithms to build trust and make trust endorsement.

 

 

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