
Scroll down to your My Courses listing and click on the course link.Login with your my.bcit.ca email address and your password.

Note: If you are creating an account for the first time, it may take up to 24 hours before you are able to log in to BCIT to access your course. Once you receive your BCIT ID (A0…) login and register for your course.If you are new to BCIT, you will be required to create a BCIT account before registering for your course.Discuss the difference types of cryptocurrency wallets used.Understand how cryptocurrency is created.Understand the concepts of Blockchain and Hashing.Discuss the key concepts of cryptocurrency.Upon successful completion of this course, you will be able to: Technical support is available through BCIT Educational Technology Services as described in the course.There is no instructor or peer-to-peer interaction in this course.This is a self-paced independent study course which you will have indefinite access to.The idea of blockchain has evolved beyond its original purpose and is being used for many other goals. Those emerging technologies are gaining further ground and being embraced by companies and governments around the globe. The idea of using a decentralized monetary system with the ability to send/receive money anywhere in the world, instantly, securely and as easy as sending an email is what stands behind the development of cryptocurrencies. Through your crypto journey you will learn that majority of the mistakes you will make is due to your mindset and lack of controlling emotions.

In the new age of Peer-to-Peer digital cash system, we are introduced to new ways and methods of sharing and gaining wealth.
#Crypto lingo how to
Those looking to learn more about why cryptocurrencies are so popular today, and how it all began, how bitcoins were created and transferred, how to “mine” for cryptocurrency, and what is a blockchain, will find their answers here. Coin A representative store of digital value that lives on a given blockchain or cryptocurrency network. A blockchain is the result of sequential blocks that build upon one another, creating a permanent and unchangeable ledger of transactions or other data. This independent study course is for anyone interested in exploring the first steps in the cryptocurrency world. A digital ledger and the underlying technology behind cryptocurrencies. Cryptocurrency/ Coin /Cryptocurrency Token / Token: In simple terms, a cryptocurrency can be called a token, where each token is simply 1 unit of value of that. Time commitment: This course can be completed in four hours.Ĭompletion criteria: Successful completion of a final self-assessment.

