Description
Cryptocurrency Intermediates_ Understanding Ethereum By Andrew Loo – CFI Education For Immediate Digital Download!
Cryptocurrency Intermediates: Understanding Ethereum
This course explains one of the most important cryptocurrency networks, Ethereum, and how it is poised to lead the charge for decentralized finance (DeFi).
Overview
This course explains one of the most important cryptocurrency networks, Ethereum, and how it is poised to lead the charge for decentralized finance (DeFi). In this course, we will examine the origins and purpose of Ethereum. We will also compare how its purpose is different from Bitcoin as digital currency because Ethereum allows the use of Smart Contracts and Decentralized Applications (Dapps). We will also teach you how the supply and demand fundamentals of Ethereum is unique. After taking this course, you will have a greater appreciation for the Ethereum network.
Cryptocurrency Intermediates: Understanding Ethereum Learning Objectives
Upon completing this course, you will be able to:Understand what is Ethereum the difference between
- Ether and Ethereum
- Differentiate between proof of work and proof of stake
- Learn about the purpose and background of Ethereum
- Understand what are Smart Contracts and Dapps
- Be able to explain how the concept of Gas works in Ethereum.
Who Should Take This Course?
Understanding Ethereum is aimed at learners who want to learn more about how Ethereum fits into the exciting new field of Decentralized Finance (DeFi).
What you’ll learn
Course Introduction
- Course Introduction
- Lesson Objectives
- Review
Decentralized Finance
- Ethereum – DeFi, Dapps, and Smart Contracts
- Ethereum vs. Ether
- Tokens
The Origins of Ethereum
- Vitalik Buterin
- Alan Turing
- Turing vs. Non-Turing
Dapps and Smart Contracts
- Smart Contracts
- Nick Szabo
- Distributed State Machines
- So Why Dapps and Smart Contracts
- So Why Dapps and Smart Contracts – Example 1
- So Why Dapps and Smart Contracts – Example 2
- Other Possible Use Cases
- Benefits of Dapps and Smart Contracts
- Limitations of Dapps and Smart Contracts
Case Study: The DAO Heist
- The DAO Heist
Supply and Demand Factors of Ethereum
- The Differences in Bitcoin
- Gas
- Gas – The London Upgrade
- Gas – Understanding the Terms
- Alice and Bob
- Live Ethereum Transaction
- Block Rewards
Ethereum 2.0
- Proof of Work (POW)
- A “51% attack”
- Environmental Impact of Mining
- Proof of Stake (POS)
- Validators and Stakers
- Ethereum 2.0
- The “Beacon Chain”
Course Summary
- Course Summary
Qualified Assessment
- Qualified Assessment
Cryptocurrency Intermediates_ Understanding Ethereum By Andrew Loo – CFI Education, What Is It Included (Content Proof: Watch Here!)
