Cryptocurrency: Beyond Bitcoin Teach-Out
Cryptocurrency and Blockchain / Lesson 4 of 4
How does blockchain technology work?
0 minutes
Pick one of these two ways to learn more about blockchain technology:
- Read this infographic from Blockchain Berlin that describes how a blockchain transaction works.
- Watch this video by Simply Explained on how a blockchain uses hashing, proof of work, and decentralized networks, and why these mechanisms in combination make cryptocurrency less susceptible to tampering. (5:59)
Optional: For those looking for a deeper dive into the technical side of cryptocurrencies, the Coursera Blockchain and Cryptocurrency Explained course, taught by faculty Robert Dittmar and Andrew Wu, examines the technical underpinnings of blockchain, its role as an asset within the dynamics of cryptocurrency markets, and its possibilities as a business solution.