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Coins, Tokens, and Mining

Ref. BC104
Learn where coins come from, how mining works, and how different chains have different approaches to token creation.
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Enrollment Details

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

Blockchain Basics

Your Blockchain and Cryptocurrency quickstart, brought to you by Edunomic Academy.

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Edunomic Academy

License

License for the course content

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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.

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Master the Blockchain with Edunomic Academy.

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