Which consensus mechanism is known for enabling participants to validate transactions and create new blocks based on the number of coins they hold and are willing to stake as collateral?

What type of attack involves creating numerous fake identities to gain a disproportionate influence over the network's consensus mechanism?

What feature of smart contracts allows them to automatically execute or enforce the terms of an agreement once predetermined conditions are met?

Which type of token is unique and cannot be exchanged on a one-to-one basis with another token, often used to represent ownership of specific digital or physical assets?

Explore the revolutionary world of blockchain technology and its first and most prominent application, Bitcoin. Delve into the intricacies of how blockchain functions, the technical underpinnings of Bitcoin, and the broader implications and future trends in this dynamic field. Gain a well-rounded understanding of the technology that is reshaping industries and challenging traditional notions of currency and data security.

First, we will explore the evolution of the Web and how blockchain technology ushered in a new era known as Web 3.0. Additionally, we will gain a basic understanding of how blockchain, and specifically Bitcoin, works.

Now, it's time to explore the key components of a blockchain: blocks and transactions, specifically their structure and the processes related to them, such as verification and mining.

Finally, we will go through some of the more advanced blockchain concepts, including consensus mechanisms, blockchain security, and groundbreaking technologies like smart contracts, tokens, and digital assets.

Introduction to Blockchain

Final Quiz