Tagged: Bitcoin lessons

Bitcoin Basics Lesson 5: Transactions and the Blockchain

www.sam mIn Lesson 4, you learned that there’s a wide range of wallet solutions available to you as a consumer. You also learned that bitcoin wallets do not actually store bitcoins, but rather they...

Bitcoin Basics Lesson 6: How to Buy Bitcoin!

In Lesson 5, you learned that bitcoin transactions are not encrypted and can be viewed by anyone using a blockchain browser. You also learned transactions need to be verified by miners on the blockchain...

Bitcoin Basics Lesson 7: How to Spend Bitcoins

In Lesson 6, you learned that bitcoin can be sold and purchased just like other currencies through exchanges. You also learned that you can exchange bitcoin with people directly, just like with cash. In...

Bitcoin Basics Lesson 8: Bitcoin Mining

In Lesson 7, you learned that there are over 100,000 merchants out there who accept bitcoin as payment and how to find them. You learned how to sign up for a bitcoin debit card...

Bitcoin Basics Lesson 9: Bitcoin Exchanges

In Lesson 8, we explored the world of mining and the process of adding and confirming transaction records to the blockchain. This process is also how new bitcoins are created. You learned that mining...

Bitcoin Basics Lesson 2: Essentials of Bitcoin

In Lesson 1, you learned that Bitcoin is a decentralized cryptocurrency invented in 2009 by Satoshi Nakamoto and that it can be freely transferred between people all over the world, without the control or...

Bitcoin Basics Lesson 3: Bitcoin Exchange Rates

In Lesson 2, you learned that bitcoin is pseudonymous rather than anonymous and that you can make use of a wallet to protect and access your money. You also learned that bitcoins are stored...

Bitcoin Basics Lesson 1: Cryptocurrencies and Bitcoin

In Lesson 1 you will learn:  Cryptocurrencies are decentralized digital currencies secured with cryptography Bitcoin is the top cryptocurrency due to its first-mover advantage Bitcoin was created by Satoshi Nakamoto Bitcoin is only in...

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