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What Is Bitcoin?

Instructor Gergő Várhegyi
Updated March 30, 2022

Course Content

Chapter 1 – Introduction to Bitcoin
What is Bitcoin? What is Bitcoin used for? What makes Bitcoin valuable? How does Bitcoin work? What is the blockchain? Is Bitcoin legal? A History of Bitcoin Who created Bitcoin? Did Satoshi invent blockchain technology? Digital cash before Bitcoin

  • What is Bitcoin?
  • What is Bitcoin used for?
  • What makes Bitcoin valuable?
  • How does Bitcoin work?
  • What is the blockchain?
  • Is Bitcoin legal?
  • A History of Bitcoin

Chapter 2 – Where Do Bitcoins Come From?
How are new bitcoins created? How many bitcoins are there? How does Bitcoin mining work? How long does it take to mine a block?

Chapter 3 – Getting Started with Bitcoin
How can I buy Bitcoin? How to buy Bitcoin with a credit/debit card How to buy Bitcoin on peer-to-peer markets What can I buy with Bitcoin? Where can I spend Bitcoin? What if I lose my Bitcoins? Can I revert Bitcoin transactions? Can I make money with Bitcoin? How can I store my bitcoin? Storing your bitcoin on Binance Storing your coins in a bitcoin wallet Hot wallets Cold wallets

Chapter 4 – The Bitcoin Halving
What is the Bitcoin Halving? How does the Bitcoin halving work? Why does the Bitcoin halving happen? What impact does the Bitcoin halving have? When is the next Bitcoin Halving?

Chapter 5 – Common Bitcoin Misconceptions
Is Bitcoin anonymous? Is Bitcoin a scam? Is Bitcoin a bubble? Does Bitcoin use encryption?

Chapter 6 – Bitcoin Scalability
What is scalability? Why does Bitcoin need to scale? How many transactions can Bitcoin process? What is the Lightning Network? What are forks? Soft forks Hard forks

Chapter 7 – Participating in the Bitcoin Network
What is a Bitcoin node? How does a Bitcoin node work? Full nodes Light nodes Mining Nodes How to run a full Bitcoin node How to mine Bitcoin How long does it take to mine a bitcoin? Who can contribute to the Bitcoin code?

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