Bitcoin Certification

Centralised Ledgers Preview 03:32

So to put centralised ledgers simply, there are controlled by a single entity, a perfect example is your banking statement which lists all of your incomings and outgoings. The bank that you choose to bank with has key control over which incomings and outgoing are actually posted on your bank statement, or lets refer to it as ledger for this lecture.

Functions Of Currency Preview 03:55

In this lecture we’re going to discuss the actual function of currencies, so by the end you’ll be fully aware of what function that piece of paper in your wallet or purse holds. You need to be aware of the functions of currencies, because Bitcoin is considered a currency, albeit a cryptocurrency.

Distributed Consensus Preview 04:28

You may remember that a few lectures ago we discussed centralised ledgers, well in this lecture I want to discuss the distributed consensus with you, then you’ll see how they both compare. Now you should be aware that Bitcoin, and in fact cryptocurrencies are running on a distributed consensus.

History Of Bitcoin Preview 04:23

In this lecture I want to give you an insight, well a history lesson as to how Bitcoin has evolved to date, just so you’re aware I’ll be highlighting one key thing from each year up until now as there’s so much in Bitcoins history. Now, by understanding it’s journey it’ll really give you a deeper understanding as to how Bitcoin has become the powerhouse of a cryptocurrency it is today.

Price Derivation Preview 02:39

By the end of this lecture you’ll be fully aware of how Bitcoins value is derived, I’ll tell you right from the get go it’s pretty simple. However much people like to complicate this, it is simple. So lets jump in, and discuss how the value of Bitcoin is derived.

History Of Money And Ledger­-Based Economics

In this quiz you'll be tasked with answering 5 practice exam questions, all of which could appear in the certification exam on History Of Money And Ledger­-Based Economics.

Terms And Definitions Preview 01:30

Welcome to a new section in this course, in this section we’re going to dive deep into everything you need to be aware of when it comes to understanding the basics of cryptography, which is the true underpinnings of Bitcoin.

Dictionary Of Bitcoin Related Terms Preview 13:35

Hash Functions Preview 03:01

Lets get a little more technical in this lecture, and understand more about hash functions work within the Bitcoin ecosystem, because they play a very important role.

Symmetric And Asymmetric Encryption Preview 05:05

In this lecture we’re going to go further into understanding cryptography, which is the actual underpinning of Bitcoin and makes it all possible. So by the end of this lecture you’ll be fully aware of what both symmetric and asymmetric encryption algorithms are, as well as the benefits of each.

Digital Signatures Preview 02:47

In this lecture we’re going to go over how digital signatures work with Bitcoin, because a Bitcoin digital signature as well as the whole verification process, is one of the main factors in play which make the Bitcoin protocol work.

Basic Cryptography

In this quiz you'll be tasked with answering 5 practice exam questions, all of which could appear in the certification exam on Basic Cryptography.

Bitcoin Community Preview 04:18

Welcome to this new section in the course! This section is all about the basics of Bitcoin, so understanding its key fundamentals. Specifically in this lecture we’re going to cover all about the Bitcoin community, and help you to understand who plays what role. Now I’m only going to cover six roles that you must be aware of, and I will of course touch on other roles that you just need to know for this certification exam.

Bitcoin Addresses And Keys Preview 02:23

In this lecture we’re going to briefly talk about Bitcoin addresses and keys, which if you have a Bitcoin wallet, I’m assuming you do, you will have come into contact with. Then in the next lecture I’m going to discuss how Bitcoin transactions actually work. So bear with me, this will make sense. Now I want to break this lecture down to the most simplest form for you, here goes. 

Bitcoin Transactions Preview 04:19

By the end of this lecture you’ll be fully aware of how Bitcoin transactions work, so lets jump into this lecture and work on understanding Bitcoin transactions.

Bitcoin Blockchain Ledger Preview 05:06

So what is the Blockchain? You’ve heard the term thrown around, but you’re still struggling to truly grasp the concept of this technology. Well fortunately for you, I’ll be breaking down the Blockchain in this lecture. So lets jump into it!

bitcoin The Unit Preview 02:45

In this lecture I want to ensure that you understand the difference between Bitcoin with a capital B, and Bitcoin with a lowercase B, because it’s not something many of us think about. However, it could appear in the exam, so it’s worth going over.

Bitcoin The Network Preview 04:44

Welcome to this lecture where we’re going to discuss all about the Bitcoin network, so you gain an all round understanding about how the Bitcoin network operates as a whole. So lets dive in.

Bitcoin Improvement Proposals (BIPs) Preview 01:59

So what is a BIP? Well it stands for Bitcoin Improvement Proposals, and in this lecture I’m going to go over it with you so you fully understand what it actually is.

Buying And Selling Bitcoin Preview 05:28

In this lecture I want to touch on buying and selling Bitcoins with you, if you’re already a Bitcoin user you’ll more than likely have been through this process many times. But for the purpose of getting you ready for the certification exam I would like to cover this with you, so here goes, we’ll start off with buying Bitcoins.

Blockchain Explorers Preview 02:03

A Blockchain Explorer, more specifically a Bitcoin Blockchain Explorer is a very insightful tool that we have our disposal as users. It’s an online block chain browser which displays the contents of individual Bitcoin blocks and transactions and the transaction histories and balances of addresses.

UTXOs Preview 00:58

So what is a UTXO? You may have heard the abbreviation before, you may have not. But does it actually mean? Well it stands for Unspent Transaction Output.

Bitcoin Basics

In this quiz you'll be tasked with answering 5 practice exam questions, all of which could appear in the certification exam on Bitcoin Basics.

Purpose And Function Preview 08:31

Welcome to the next section of this certification course which is all about mining. To start this section off with in this lecture, we’re going to talk about the purpose and function of mining. I’ll also be showing you how it’s possible to setup a miner using nothing but your home computer, however, there’s no hope at all it will be profitable. So lets dive in!

Algorithm Preview 01:56

In this lecture I want to go over Bitcoins mining algorithm with you, so if the question appears during your exam, you’ll be fully aware of how to handle it. So the mining algorithm Bitcoin uses is SHA-256. Now in order to successfully mine Bitcoins using this algorithm you often need hash rates well into the gigahashes per second, and generally higher.

Mining Pools Preview 03:28

In this lecture I want to discuss mining pools with you. Now in general this is a very popular question among those getting started with mining, go solo or go down the route of pool mining? In this lecture I’m going to discuss the pro’s and con’s of each with you, so you’ll be aware of them if any questions regarding mining pools should be appear.

Mining Hardware Preview 03:27

In this lecture we’re going to cover the four most popular mining hardwares. By the end you’ll have a clear understanding of why some hardwares are now obsolete. It’s helpful to understand this for the certification exam.

Security And Centralisation Preview 03:41

Welcome to the final lecture in this section. So in regards to security and centralisation for this lecture, the key thing you need to understand is the 51% attack. So that’s what I’m going to be covering with you in this lecture. So lets dive in!

Mining

In this quiz you'll be tasked with answering 5 practice exam questions, all of which could appear in the certification exam on Mining.

Wallet Types Preview 05:39

Welcome to the next section in this course, in this section we’re going to be discussing wallets, clients and key management. In this lecture specifically I want to start at a basic level with you, and go over wallet types. Then we’ll move onto more the advanced areas of this section in the following lectures. So lets jump into learning all about wallet types!

Bitcoin Clients Preview 01:38

So what are Bitcoin clients? Are they the same as Bitcoin wallets? Well, you could say that! Let me go into the difference in this lecture with you.

Deterministic Wallets (BIP32) Preview 02:19

In this lecture we’re going to go over deterministic wallets, so you have an understanding of how these types of wallets work over other wallets. So i’d like to start by making sure you’re aware that deterministic wallets are simply wallets in which they have a system of deriving keys from a single starting point often known as a seed.

Passphrase­ Encrypted Wallets (BIP38) Preview 01:43

Lets now move onto talking about BIP-38, otherwise known as passphrase encrypted wallets. To break this down into non-technical terms, passphrase encrypted wallets are an industry standard way to encrypt the private key of your Bitcoin wallet with a password. It’s secure in the form that if someone found your encrypted key, they wouldn’t be able to essentially figure it out and access it without knowing your password.

Backups, Importing And Exporting Preview 02:08

In the final lecture of this section I want to quickly let you know what WIF stands for, then go over how to back up your private keys using the Blockchain wallet as an example, then how you’d restore your wallet should the worst happen.

Wallets, Clients And Key Management

In this quiz you'll be tasked with answering 5 practice exam questions, all of which could appear in the certification exam on Wallets, Clients And Key Management.

Bitcoin Merchants Preview 02:42

Welcome to a new section in this Bitcoin certification course. What we’re going to be discussing in this section is Bitcoin commerce, and specifically in this lecture we’re going to discuss Bitcoin merchants. So what options are currently open for businesses both offline and online that want to accept Bitcoin as a form of payment within their business.

Bitcoin Payment Processors Preview 02:24

So this lectures follows on from the last were I listed the most popular point of sale solutions. What I want to do in this lecture is go over what these point of sale solutions actually are, so lets dive in.

Secure Payment Protocol (BIP70) Preview 02:08

Welcome to the final lecture in this section. What I want to do here is go over the secure payment protocol with you, often known as BIP-70. This BIP was actually introduce to make payments faster, and more secure. So let me go over the three key differentiating factors of BIP-70.

Bitcoin Commerce

In this quiz you'll be tasked with answering 5 practice exam questions, all of which could appear in the certification exam on Bitcoin Commerce.

It’s Now Time For You To Take The Exam With This Blueprint At Hand Preview 02:10

Huge well done on reaching the end of this course! Everything you’re going to be tasked with answering in the exam, has been covered in each and every lecture within this course. So you really are now ready to take that exam.

75 Certified Bitcoin Professional Practice Exam Questions

In this quiz you'll be tasked with answering 75 practice exam questions, all of which could appear in the certification exam. You were set the set of questions at the start of this course, so now you'll be able to witness your progression in retaining the knowledge gained from this course.

75 Certified Bitcoin Professional Practice Exam Q&A's Preview 05:45