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Definition – learn what a Blockchain is and how it works
What Problem does Blockchain solve?Learn the impact on back-office systems.
Learn the characteristics of a Public Blockchain
Learn the characteristics of a Private Blockchain
Advantages of Blockchain
Hashing and how it works with Blockchain.
Find out about SHA256 hashing algorithm.
What are Blocks?
What makes a Blockchain?
Learn how blocks are linked together and how they interact with each other in a Blockchain.
How does the distributed network protect Blockchains?
Using a distributed ledger and the power of a network of users gives advantages to the system never before available in computing.
How are Tokens represented in Blockchain?
Where does application data fit into a block?
What role does the Merkle Root and Merkle Tree play in Blockchain?
Digital Signature Definition
Learn the differences and relationship between Signature (private) and Verification (public) Keys
Understand the process flow of how keys are created and then used in the system to identify participants in a transaction
Learn the benefits of Digital Signatures
Follow the process for creating an example [Bitcoin] transaction on a Blockchain
What are the two general Consensus approaches?
What are the four Elements of Consensus?
What four competing objectives cause the need for different Consensus approaches?
Learn how Proof of Work (PoW) works
How is consensus gained in PoW?
Learn how side branches happen and how to measure the longest branch.
Understand the debate around Proof of Work versus Proof of Sake
Learn the perceived issues with Proof of Work
Learn how Proof of Stake works
Learn how Practical Byzantine Fault Tolerance works
Learn how Ripple Protocol Consensus Algorithm (RPCA) works
Learn how Proof of Elapsed Time (POET) works
Learn how Proof of Value works
Learn how Proof of Capacity works
Learn how Proof of Burn works
Summary comparison of all proofs covered
What is Proof of Proof?
Learn how Proof of Proof works
What are the advantages of Proof of Proof
Understand what is Segregated Witness (SegWit) and why it was needed
Learn the two main advantages of Segregated Witness
Learn what is a Sidechain and the difference between a Sidechain and an Altchain.
See the functional flow of Sidechains and how coin ownership can be shifted between the Parentchain and the Sidechain (and back)
What are Smart Contracts?
What is an Oracle and why do Smart Contracts need them?
Learn what are the different kinds of Oracles and how do they work?
Paper contract vs. Smart Contract comparison
Learn the process flow of how Smart Contracts work
Learn the characteristics of the Bitcoin Blockchain?
Learn the characteristics of the Ethereum Blockchain?
Understand what the “Casper” Proof of Stake algorithm is and why it is needed in Ethereum
Learn the characteristics of the MultiChain Blockchain?
Learn the characteristics of the HyperLedger Blockchain?
Learn the characteristics of the Ripple Blockchain?
Learn the characteristics of the EOS Blockchain?
Understand why EOS is considered the first Blockchain Operating System
Learn the characteristics of Delegated Proof of Stake as used in EOS
Summary comparison of all Blockchains described in this module
Learn the decision points for deciding on using a Blockchain or not
Review an accounting application and see how these types of applications are impacted by Blockchain
Review a provenance application and see how these types of applications are impacted by Blockchain
Review a data notary application and see how these types of applications are impacted by Blockchain
How can Blockchain impact the Internet of Things (IOT) [includes video]
What Blockchain Isn’t
Challenges for Blockchain going forward