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Blockchain

Shared ledgers, digital ownership and trust without a middleman.

Cut through the hype to the mechanisms. Explain how a blockchain actually works and a tutor shows you where the idea holds and where it breaks down.

Understand the concepts

  • How does blockchain consensus work?

    Understand blockchain consensus through conflicting payments: transaction validity, shared ordering, fork choice, and why proof of work differs from proof of stake.

What you’ll learn

  • How people agree on one record with no central owner
  • What consensus, proof of work and proof of stake really do
  • Where decentralisation helps, and what it costs
  • Wallets, keys and what owning a token really means

Concepts you’ll explore

ConsensusProof of work/stakeHashingWallets & keysSmart contractsGas & feesForksThe trilemma

Try a question

How does a blockchain let people agree on a shared record without one central owner?

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