Blockchain Basics

Go to Course: https://www.coursera.org/learn/blockchain-basics

Introduction

### Course Review and Recommendation: Blockchain Basics on Coursera In an era where digital currencies and decentralized technologies are taking the world by storm, understanding the principles of blockchain is crucial for anyone looking to stay relevant in the tech landscape. That's where the **Blockchain Basics** course on Coursera comes into play. This course is not just an introduction but a thorough overview of blockchain technology, laying a solid foundation whether you're a newbie or a developer looking to expand your skill set. #### Course Overview The **Blockchain Basics** course is the first in a comprehensive Blockchain specialization track available on Coursera. It provides learners with a deep dive into essential concepts of blockchain technology by initially examining the Bitcoin protocol, followed by an exploration of the Ethereum protocol. This structure not only ensures that students understand the foundational elements of blockchain but also equips them with practical skills such as creating nodes on their personal Ethereum blockchain and managing Ethers. #### Syllabus Breakdown The course is logically structured around four main components: 1. **Blockchain Defined**: The course kicks off with an introduction to blockchain technology, outlining its definition and operational mechanisms. This section uniquely focuses on the Bitcoin blockchain, allowing students to grasp its structure and unique attributes. Furthermore, comparisons to different types of blockchains set the stage for a broader understanding. 2. **Ethereum Blockchain**: Here, learners delve into the innovations introduced by the Ethereum blockchain. This segment reviews the Ethereum protocol and elaborates on its payment model for code execution, an essential aspect for developing decentralized applications. Understanding Ethereum is vital for those interested in smart contracts and blockchain programming. 3. **Algorithms & Techniques**: This module covers critical technical concepts such as asymmetric key encryption and hashing. It elucidates the principles of transaction integrity and the techniques used to maintain it within the blockchain framework. Students will gain a solid grasp of how these algorithms play a fundamental role in blockchain operations. 4. **Trust Essentials**: The final part of the syllabus explores the essential elements of trust in blockchain systems, including a thorough examination of consensus protocols. This module is critical for understanding how decentralized networks maintain reliability and security. #### Learning Outcomes Upon completion of the course, students will not only comprehend core blockchain concepts but will also be able to create accounts, unlock them, mine, conduct transactions, and transfer Ethers on their personal Ethereum blockchain. This practical approach enhances learning experiences by allowing students to apply theoretical concepts in hands-on scenarios. #### Recommendation I highly recommend the **Blockchain Basics** course for several reasons: - **Comprehensive Curriculum**: It covers crucial concepts that anyone interested in blockchain should know, from Bitcoin's basic functionalities to advanced Ethereum modules. - **Hands-On Learning**: The course emphasizes practical skills and real-world applications, making it suitable for developers and non-developers alike. - **Accessible for Beginners**: Even those new to technology can follow along, thanks to clear explanations and structured learning paths. - **Expert Guidance**: Courses on Coursera, especially those with a focus on blockchain, often feature instructors with significant industry experience, adding value to your learning journey. In conclusion, if you're aiming to grasp the fundamentals of blockchain technology and prepare yourself for the rapidly evolving landscape of cryptocurrencies and decentralized applications, enrolling in the **Blockchain Basics** course on Coursera is a smart and strategic move. Don’t miss the opportunity to elevate your knowledge and skills in this cutting-edge field!

Syllabus

Blockchain Defined

We will introduce and define blockchain, explain the structure and operational aspects of Bitcoin blockchain, and compare different types of blockchains.

We will discuss the innovation of the Ethereum blockchain, review its protocol, and explore the payment model for code execution.

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 blockchain.

We will define elements of trust in blockchain and discuss the Consensus protocol.