To really understand what is special about Bitcoin, we need to understand how it works at a technical level. We’ll address the important questions about Bitcoin, such as:
How does Bitcoin work? What makes Bitcoin different? How secure are your Bitcoins? How anonymous are Bitcoin users? What determines the price of Bitcoins? Can cryptocurrencies be regulated? What might the future hold?
After this course, you’ll know everything you need to be able to separate fact from fiction when reading claims about Bitcoin and other cryptocurrencies. You’ll have the conceptual foundations you need to engineer secure software that interacts with the Bitcoin network. And you’ll be able to integrate ideas from Bitcoin in your own projects.
Course Lecturers:
Arvind Narayanan, Princeton University
All the features of this course are available for free. It does not offer a certificate upon completion.
Syllabus 11
Introduction to Crypto and Cryptocurrencies 4 hours
Learn about cryptographic building blocks ("primitives") and reason about their security. Work through how these primitives can be used to construct simple cryptocurrencies.
How Bitcoin Achieves Decentralization 1 hour
Learn Bitcoin's consensus mechanism and reason about its security. Appreciate how security comes from a combination of technical methods and clever incentive engineering.
Mechanics of Bitcoin 1.5 hours
Learn how the individual components of the Bitcoin protocol make the whole system tick: transactions, script, blocks, and the peer-to-peer network.
How to Store and Use Bitcoins 4.5 hours
This week we'll explore how using Bitcoins works in practice: different ways of storing Bitcoin keys, security measures, and various types of services that allow you to trade and transact with bitcoins.
Bitcoin Mining 1.5 hours
We already know that Bitcoin relies crucially on mining. But who are the miners? How did they get into this? How do they operate? What's the business model like for miners? What impact do they have on the environment?
Bitcoin and Anonymity 2 hours
Is Bitcoin anonymous? What does that statement even mean—can we define it rigorously? We'll learn about the various ways to improve Bitcoin's anonymity and privacy and learn about Bitcoin's role in Silk Road and other hidden marketplaces.
Community, Politics, and Regulation 4 hours
We'll look at all the ways that the world of Bitcoin and cryptocurrency technology touches the world of people. We'll discuss the community, politics within Bitcoin and the way that Bitcoin interacts with politics, and law enforcement and regulation issues.
Alternative Mining Puzzles 40 minutes
Not everyone is happy about how Bitcoin mining works: its energy consumption and the fact that it requires specialized hardware are major sticking points. This week we'll look at how mining can be re-designed in alternative cryptocurrencies.
Bitcoin as a Platform 1.5 hours
One of the most exciting things about Bitcoin technology is its potential to support applications other than currency. We'll study several of these and study the properties of Bitcoin that makes this possible.
Altcoins and the Cryptocurrency Ecosystem 1 hour
Hundreds of altcoins, or alternative cryptocurrencies, have been started, either to fix Bitcoin's perceived flaws or to pursue different goals and properties. We'll look at everything that goes into an altcoin and how they interact with Bitcoin.
The Future of Bitcoin? 1.5 hours
The use of Bitcoin technology for decentralizing property, markets, and so on has been hailed as a recipe for economic and political disruption. We'll look at the technological underpinnings of these proposals and the potential impact on society.
Structured courses with graded quizzes, assignments and deadlines you can reset.
A shareable certificate from the university or company when you pay.
Financial aid is often approved for students in India (apply 15 days before you need it).
Taught by Princeton University, one of the strongest names in its field.
Rated 4.6 out of 5 by 3,113 learners.
Self-paced: start any time.
A clear syllabus (11 parts) you can see before you start.
Disadvantages
Paid after a 7-day free trial (Coursera Plus or per course).
Some courses can be audited for free, but graded work and certificates need payment.
Some points apply to every course of this kind; see how we rank.
This course is paid. Here is how to take it for free
Free trials: You can start a 7-day free trial for many individual courses, Specializations, or a Coursera Plus subscription to test full course features. Cancel before the seventh day if you do not want to be charged.
Financial aid: If you cannot afford the fee for a certificate, you can apply for financial aid through the link on the course home page by filling out an application about your background and goals.
Taught by
Arvind NarayananAssociate Professor, Computer Science
An introduction to cybersecurity for technical and non-technical audiences alike. Learn how to secure your accounts, data, systems, and software against today’s threats and how to recognize and evaluate tomorrow’s as well, both at home and at work. Learn how to preserve your own privacy. Learn to v…