#BitcoinAwareness #Bicoin Bitcoin In short, Bitcoin is a digital form of money that runs on a distributed network of computers (nodes). In a broader sense, though, many people often use the word Bitcoin to refer to a few different things: a digital currency, a decentralized public ledger, a protocol, or simply the big ecosystem that encompasses all of these. However, there are some fundamental differences between these functionalities. First, Bitcoin is the name of a peer-to-peer (P2P) digital currency, which is sometimes referred to as bitcoin (with lower “b”) or simply BTC. Bitcoin is a cryptocurrency, which means it is a digital currency that is protected by cryptographic techniques. It was the first cryptocurrency that came into existence, and the first Bitcoin block - known as the genesis block (or block 0) - was mined on the 3rd of January 2009. Second, the Bitcoin decentralized public ledger is what we call blockchain. Despite being closely related, Bitcoin and blockchain are different concepts. The blockchain technology is what maintains the whole structure that allows Bitcoin transactions to be broadcasted and recorded in a trustless and secure way. Note that, in this context, trustless means that the blockchain system does not rely on any kind of trust to function as it is backed by computer code and mathematical algorithms. Thus, the Bitcoin blockchain works as a decentralized digital ledger that publicly lists all confirmed BTC transactions. Lastly, the term Bitcoin was also used to refer to the protocol that is being continually developed as an open source software. In 2014, however, the original Bitcoin client software was officially rebranded to Bitcoin Core to avoid further misunderstanding. As an open source software, Bitcoin Core counts with numerous contributors worldwide. Bitcoin was conceptualized by a person (or group) under the pseudonym Satoshi Nakamoto. The idea was to create a unique digital payment system that would permit borderless financial transactions to occur without the need for mediators like banks or governments.
The BNB Chain Developer Specialization offers a comprehensive and in-depth exploration of blockchain technology, equipping learners with the necessary knowledge and skills to become proficient blockchain engineers. This specialization consists of a series of courses designed to provide a well-rounded education in blockchain development, BNB Chain fundamentals, Web3 development, Solidity development, and digital assets.
Throughout the specialization, learners will engage in hands-on exercises that emphasize practical application and problem-solving. They will have the opportunity to work with popular blockchain platforms, programming languages, and tools, gaining valuable experience in developing decentralized applications and implementing smart contracts.
What you will learn
Grasp the Fundamentals of Blockchain: Develop a solid foundation by exploring the core concepts of blockchain technology, including consensus mechanisms, cryptographic principles. and the specific characteristics of the BNB Chain ecosystem. Understand the advantages and limitations of blockchain technology in various domains.
Understand Blockchain Security: Delve into the intricacies of blockchain security, including cryptographic techniques, secure key management, secure transaction verification, and prevention of common attacks such as double-spending, Sybil attacks, and 51% attacks. Discover best practices for securing blockchain-based systems.
Build Web3 Applications: Learn how to design, develop, and deploy decentralized applications (dApps) on blockchain platforms. Gain hands-on experience in writing smart contracts using popular programming languages such as Solidity. Explore the process of integrating and interacting with existing blockchain networks.
Tokenization and Digital Assets: Explore the concept of tokenization and its application in creating digital assets on the blockchain. Understand different token standards (such as BEP-20, BEP-721)
The global crypto market cap is $2.65T, a 3.78% increase over the last day.
The total crypto market volume over the last 24 hours is $110B, which makes a 47.20% increase. The total volume in DeFi is currently $10.69B, 9.72% of the total crypto market 24-hour volume. The volume of all stable coins is now $98.08B, which is 89.16% of the total crypto market 24-hour volume.
Bitcoin’s dominance is currently 52.10%, an increase of 0.21% over the day.
BTC to USD: Live Bitcoin to United States Dollar Rate The BTC to USD conversion rate today is $64,505.59 and has increased by 1.78% in the last 24 hours.
Our converter updates in real time giving you accurate data every time you use it to make a conversion. The current price direction of Bitcoin is increasing because BTC is up 25.78% in the last 30 days.