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Congratulations!


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Congratulations on completing this course on Blockchain and Bitcoin Fundamentals. At this point you

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know far more than the majority of people out there when it comes to blockchain and Bitcoin. And you

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can feel confident when you're talking to others that you know what blockchain is and what Bitcoin is.

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Let's review some of the key items that we covered in this course.

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We began with what is a blockchain.

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We defined that a block chain is a constantly growing ledger that keeps a permanent record of all the

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transactions that have taken place, in a secure, chronological and immutable way.

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We specified that a blockchain is one of the key technologies that actually enables Bitcoin to happen.

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So we defined what Bitcoin was, and we said that a bitcoin is an asset of value that can be exchanged between

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two parties over the web without needing a third party like a bank, credit card or some other clearinghouse.

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As you drill closer into what Bitcoin is, we went into some key concepts of what makes Bitcoin Bitcoin

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and what we said was a transfer of value in bitcoin.

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Is Disintermediated. And being Disintermediated means that you are eliminating that third party.

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Bitcoin is able to replace that third party, instead of needing a bank, a credit card, or some other type

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of clearinghouse with a distributed network of Nodes called the Bitcoin Network. By being distributed,


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none of the work is taking place in a centralized location.

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So there is no single point of failure.

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That means that Bitcoin is decentralized which was one of the other key concepts that we talked about

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.

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We looked at another key concept which is the fact that Bitcoin is Trustless and what Trustless


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means is that there is no need for any third party to bring trust into the network.

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The network itself is Trustless, it has trust built in.

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We said that the goal of the network is to deliver a single, permanent and immutable source of truth

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Shared, confirmed and trusted by all.

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After we completed that section, we spoke about the fact that blockchain supports three key areas that

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the Internet has some deficiencies in. The first one is Value.

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The second one is Trust.




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And the third one is that blockchain helps bring back Reliability to the Internet.

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We completed that section and moved on to some common misconceptions about blockchain.

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We went through the top 10 common misconceptions.

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We went on in the next section on how you can get started with Bitcoin and how you can open up your

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Wallet, and begin receiving and sending Bitcoin.

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And those are the items we covered in the course. At this point.

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I'd like to share with you some other valuable free blockchain resources which I have made available

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and you can take advantage of as they will help you grow further in how you understand and talk about

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Blockchain and Bitcoin.

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The first one is a Web site called Blockchaininformer.com which is a publication that constantly

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publishes new content, and learning materials on blockchain and Bitcoin.

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This is a free resource available for you.

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You can also join the Facebook page for Blockchain Institute of Technology at Facebook.com/BlockchainInstituteofTechnology


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where where we will be sharing valuable resources and new contents that

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will benefit you.

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Finally, if you're on Twitter I'd like to invite you to join us and follow me on Twitter at Twiter.com/Blockchaininfos


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and Twitter.com/GeorgeLevy


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I would love to have the opportunity to join you on Twitter and be able to communicate with you.

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I hope you have enjoyed this course and that you have learned how to communicate more effectively in Blockchain and Bitcoin.

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I look forward to staying in touch with you.