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How Does Bitcoin Work?

Completed by 166 learners
Ages 9-14
Live One-Time Class
Explore what exactly is Bitcoin (the most popular cryptocurrency), how do you use it and how does it work?
Average rating:
4.9
Number of reviews:
(3,358 reviews)
Popular

Live video meetings
Meets once
3-18 learners per class
50 min

What's included

1 live meeting
50 mins in-class hours

Class Experience

CryptoCurrency is arising as a valid currency in our world, but what really is it? How do you join the cryptocurrency craze and get your own bitcoin?

This class explores those questions and more. We start out with a basic understanding of what a cryptocurrency is in an understandable non-technical way. Then we move into explanation of how you can get your own bitcoin and use them as currency. 

Topics covered are:

History of bitcoin and the birth of cryptocurrency
What is blockchain, at the heart of bitcoin
What is the differences between different cryptocurrencies?
How do you get bitcoin?
What is mining?
What is a cyber wallet?
What can you do with Bitcoins?
What about the government and taxes?

Don't miss out on this groundbreaking technology! Learn about it today from the ground up from an insider in the tech world. MR Salch has used, modified, and even held a patent on blockchain technology, yet he will explain this technology in down to earth understandable terms. 

 
      ==========

This class is part of a series on Computer Software. Each class is independent, and can be purchased separately. I recommend taking all the classes to become well rounded, but it is not necessary.  The classes repeat as a series in different timeslots each repetition.  If you can not male any particular sessions, remember that you can always use the video recording and ask questions in the online classroom forum.

Other Details

Supply List
You will be provided with links to software, online wallets, and services that work with BitCoin, so that you can start using this currency right away.
External Resources
Learners will not need to use any apps or websites beyond the standard Outschool tools.

Meet the teacher

Joined December, 2016
4.9
3358reviews
Popular
Profile
Teacher expertise and credentials
I have been involved in both blockchain and Bitcoin for several years, in fact I held a patent pending on some core blockchain improvements. As a technology executive and engineer, I have followed the progress of the crypto currency industry closely, while operating my own"mining farm". This gives me a unique overall view of the concepts that make Bitcoin work. Leveraging my software / hardware background with decades of presentation and group teaching skills allows me to bring this understanding to the next generation in a easy to understand manner.

Reviews



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