Where to Learn the Blockchain Technology and the Basics of Cryptocurrencies?

where you can learn about blockchain

A lot of professions, which today are considered ordinary, some 10-20 years ago, did not exist at all. For example, video blogger, brand manager, manager of crowdfunding platforms, UX-designer, content manager, etc. There has been no need for all these workers relatively recent, but today all of them can earn impressive fees.

Let’s talk about the professional branch of the future, which is only now emerging, and in the coming years will become one of the most demanded in the labor market – the blockchain technology. How to succeed in this industry?

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  1. Why is blockchain technology a future?
  2. List of places where you can get education in this area
  3. Conclusion

1. Why is blockchain technology a future?

The topic of cryptocurrencies and the blockchain technology, in general, is quite debatable now. This industry shows impressive growth dynamics. This is not surprising, because this technology “promises” in the future to make a revolution in virtually all industries known to man. The sphere of finance and cryptocurrency is just the tip of a huge iceberg. With the help of this technology, it is possible to significantly improve the efficiency of many processes, remove unnecessary intermediaries from the chain of interaction between people and, accordingly, significantly reduce costs. It is also possible to protect information, eradicate corruption, remove paperwork and much more.

In the last 3 years, the market has been showing a tendency to increase the demand for good specialists in this field. Not only large companies (like Telegram) can launch their projects, the market also has many startuppers who are able to conduct a fairly successful ICO and create a really high-quality product based on blockchain technology. But so far, the demand for such professionals is significantly higher than supply. For this reason, the world’s leading universities have developed various training programs for blockchain technologies. Let’s take a closer look at this list.

2. List of places where you can get education in this area

Stanford University. USA

Stanford-based professor Dan Boneh, 3 years ago, founded a course on the basics of cryptography and blockchain technology. It is worth noting that Dan does not take fees from his students and distributes this valuable information absolutely free of charge. The first stream was recorded only 100 people, today about 1 million people have enrolled in this course.

In order to be eligible for training, it is not necessary to have even basic knowledge in this field, but for better understanding of information, the professor recommends that you first familiarize yourself with the basics of Python and Unix.

During this course students study:

  • the structure of smart contracts;
  • consensus building systems;
  • the main aspects of crypto conversions.

The University of Nicosia, Cyprus

This is the only place on the planet where you can get a master’s degree in the field of cryptocurrency. Training is divided into two parts:

  • The first is a free online course, which consists of 12 lectures. Here you can get acquainted with the basics of digital currencies. The teaching staff is quite professional; well-known people in the industry, Antonis Polemitis and Andreas Antonopoulos (author of many books, including “Mastering Bitcoin”) are conducting blockchain training.
  • The second one is directly training itself, which immerses students in the jungle of digital currencies. The price of the course is slightly more than 12 thousand euros.

Princeton University, USA

For 11 weeks in Princeton, you can get a basic knowledge of the work principles of the most popular coin – BTC. The course includes 12 lectures in the recording and 11 presentation tables. All this is absolutely free. By the way, the course materials were recorded in 2015, but most of it is relevant to this day.

Duke University, USA

At Duke University, you can sign up for an absolutely free course, which is conducted not only by professors and teachers, but also by gifted and experienced students. Training takes place every Monday. Various events, talks, seminars, etc. are held.

The University of Cumbria, United Kingdom

This university has launched a free online course, in which students are immersed in the subject of future finance. This blockchain course tells how money has changed over the course of its history, how it adjusted to the actual needs of humanity and what it will be in the near future.

3. Conclusion

Cryptocurrencies and the technology of blockchain are no longer a subject for discussion of a handful of geeks. In 2018, the vector of human development is already very clear. The demand for technology is confirmed by the courses in this field organized by the leading educational institutions of the world, as well as by the huge demand for specialists in the labor market. It is not too late to get a profession in the future, which will be relevant for at least 10-20 years.

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John McAfee Will Shine the Light on Crypto

A crypto personality John McAfee took quite a serious position regarding his presidential campaign in 2020. He shared a couple of interesting details with his future electors

McAfee claimed that the main focus of his campaign is going to be blockchain, its implementation in various sphrese and raising awareness about this technology as well as cryptocurrencies among the people.

If we accept the Blockchain as our guiding light, our hearts and our minds can be free,” he added in a rather poetic way.

We remind you that McAfee does not actually want to become the President of the US, he just wants to run for the post. Here is why:

Why Is John McAfee Not Planning to Be the President?

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TRON Is Partnering Up with Baidu: What Is the True Purpose of This Collaboration?

A decentralized blockchain platform TRON, which is one of the main competitors of Ethereum, announced its partnership with the Chinese web services giant Baidu.

Although, the TRON team assures the aim of this partnership is spreading blockchain solution among the crypto community, there has been a lot of speculation regarding this issue.

Many people believe that TRON is currently working on the launch of its own platform for video content, as an alternative to YouTube. Such assumptions were caused by the comments from TRON developers regarding the recent access issues on YouTube. They claimed that this would not have happened on TRON.

We remind you:

Justin Sun Offers the Venezuelan President to Connect Petro to Tron instead of Ethereum

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The Blockchain-Based Platform of Telegram Is Almost Ready

Telegram (cosmonaut)

As reported by the news media Vedomosti, the first news about the upcoming release of the blockchain of Telegram Open Network (TON) appeared in September and were privately sent to the major investors.

The project is approximately 70% ready. The main component, Virtual Machine, is fully completed, meanwhile, the developers are finishing up with the actual blockchain: the structure for creating new blocks and storing data in them.

Pavel Durov, the founder of Telegram messenger, and his team managed to raise almost $2 billion for this platform. It will be functioning some time at the end of November.

We remind you that the first stage of this blockchain, the Telegram Passport, which is a verification and authentication service, successfully went live in July.

Telegram Launches Passport Authorization Service

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Sony Will Manage Its Work Using the Blockchain Technology

The Japanese electronics giant Sony announced the adaption of the blockchain technology in order to improve and upgrade its systems of work.

As stated in the official press release of the company:

This new system is based on Sony and Sony Global Education’s previously developed system for authenticating, sharing, and rights management of educational data, and additionally features functionality for processing rights-related information.

Different branches of Sony will utilize blockchain for similar purposes, but in different spheres, namely:

1. Sony Corporation, which is actually a producer of electronic devices, will create a special management structure on blockchain. It will help keep track of copyright of particular digital content and protect it from any type of violation.

2. Sony Music Entertainment will use the system while focusing mainly on music-related content. Given the amount of music stolen nowadays, Sony representatives believe that their innovation might help smaller artists keep ownership to their own music.

3. Sony Global Education aims at revolutionizing the sphere of education. Blockchain will be used to manage and distribute information and store educational content.

This is not the first time the company touched upon blockchain. In the past, it submitted around 20 different blockchain-related patents and made it into top-30 businesses that work with this technology.

Sony is not the only electronic device producer that took interest in blockchain. We remind you:

Samsung Created a Blockchain Platform for Banks

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Donald Trump’s Ex-Counsel Became an Advisor of a Blockchain Startup

Trump's assistant became an adviser of a blockchain project

Gary Cohn, a former economic policy advisor of the US President Donald Trump, has become an advisor of the project Spring Labs.

The banker worked at the investment and financial holding Goldman Sachs Group for more than 25 years, he served as a President and Chief Operating Officer. In 2017-2018, he was an assistant of the current President of the United States.

I have been very interested in blockchain technology for a number of years, and Spring Labs is developing a network that could have profound implications for the financial services sector, among others,” said Cohn. “I am excited to actively support the Spring Labs team in the development of this important business and network.”

The other Spring Labs advisors are:

  • the former chairman of the Federal Deposit Insurance Corporation of the United States (FDIC), Sheila Bair;
  • Nigel Morris, the co-founder and former [resident of Capital One banking holding company;
  • the chief lawyer of the crypto exchange Coinbase, Brian Brooks.

We remind you:

Ex-Counsel of Trump Predicts the Emergence of a New Global Cryptocurrency

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What is Ethereum Address (ETH address)?

This information will be useful for those readers who are the beginning of their way in the cryptocurrency world. In this article we will talk about such concept as Ethereum address, find out what it is necessary for, where you can find it and see it. So let’s get started.

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  1. What is Ethereum address and what is it for?
  2. Difference between online and offline addresses
  3. Conclusion

1. What is Ethereum address and what is it necessary for?

To begin with, it should be noted that Ethereum is the second most popular and capitalized coin. It has significant differences from the flagship of the industry with a good sense of the word. Ethereum has a more advanced technological base. For example, Bitcoin, in fact, is only a payment system, and on the basis of Ethereum you can create your own coins and smart contracts. Ethereum is a platform from which, potentially, a great number of companies and individuals can operate.

So, we are over with the introductory part, now let’s get to the essence of today’s question. ETH address is a certain unique set of letters and numbers, with a help of which a specific wallet can be identified. It is necessary to transfer coins from one wallet to another. It can be easily shared, since knowing it doesn’t reveal any important information about the owner and the state of balance.

Only the owner can receive the address. To get it you have to run the wallet application on a computer or mobile device. Without any doubt, in the interface of any crypto wallet program (there is a large number of services for storing Ethereum) you will find a special button that will automatically generate the wallet address.

2. The difference between online and offline addresses

If you are just starting your crypto journey, then you probably do not know that there are different types of digital wallets. We will dig into this topic too deeply, but just describe the main points. More information about the classification of wallets can be found on our website. So, the wallets can be:

  • Online. These include web-wallets and personal accounts that are on the exchanges. This is the most insecure, but the most convenient way to store and exchange coins.
  • Desktop and mobile apps. These are so-called hot wallets. They are more secure than online solutions, but with their help it is no longer possible to make transfers so quickly.
  • Hardware wallets. They are the safest way to store coins, since it is virtually impossible to hack them and get access to assets. But they are very inconvenient for every day use. This type of wallet is ideal for long-term storage.

So, you can get an Ethereum address both online and conditionally offline, on a desktop or mobile wallet application. Сonditionally offline, because even if the wallet is physically located on the computer, you need access to the Internet to work correctly. There is no principal difference between online and offline addresses, the only thing is that coins will arrive either on an online wallet, or on a desktop or mobile application.

It is very important to use only official wallets for storing ETH or any other coin. Since they are best optimized for work with this or that blockchain, and also have more advanced level of security than a service that was developed by third-party developers.

3. Conclusion

Everything about cryptocurrency topic seems so complicated, but this is only at first glance. Of course, the wilds of cryptography and the operation of algorithms are not easy, but for ordinary users such information is absolutely useless. The knowledge that is necessary in order to use cryptocurrencies can be obtained by any average person in the shortest time possible .

So, in this article, we discussed what Ethereum address is and found out that this is only the identifier of a certain wallet and is needed to transfer coins from one account to another.

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