Coins, Tokens, and Mining
What you will learn
At the end of this course, you will be able to:
- Identify methods used by blockchains to create new tokens
- Understand how cryptography plays into Proof of Work blockchains
- Differentiate between different blockchains and their core coins
- Work with pegged tokens and other custom tokens on various chains
Description
Some blockchains, like Bitcoin, are known purely for the coin they track and how new coins are mined (created). Other chains like Ethereum, Binance, Polygon, etc. are known for their multitude of tokens and other derivative currencies enabled by smart contracts. In this lesson, we will cover the differences between cryptocurrencies and tokens, how crypto is mined on different chains, and the role of cryptography in the Proof of Work and Proof of Stake paradigms.
The course is part of our introduction (BC100) series.
Format
Online Learning at your own pace.
Prerequisites
None
Assessment and certification
This course is part of our introduction level and is not graded.
Course runs
- Enrollment
- From March 18, 2022 to Jan. 1, 2030
- Course
- From March 18, 2022 to Jan. 1, 2030
- Languages
- English
This course is part of a program
Organizations
License
License for the course content
Copyright Edunomic Academy
You are not permitted to download, share, or modify these courses outside the viewing and interactive capabilities performed specifically on edunomic.academy.
License for the content created by course participants
Copyright Edunomic Academy
You are not permitted to download, share, or modify these courses outside the viewing and interactive capabilities performed specifically on edunomic.academy.