Learn Bitcoin for Android
- By SP App Developers
- Free
- User Rating
Key Details of Learn Bitcoin
- Welcome to Learn Bitcoin App. But just what is bitcoin...
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Developer's Description
Welcome to Learn Bitcoin App! But just what is bitcoin?
How can there be digital money? Is it, like, some kind of
Internet money? Is it something you should even be concerned
about, or indeed should you shy away from it? In the news, bitcoin
coverage tends to be sketchy. You may have read articles about
people losing their money, or using bitcoin for illicit purchases on
the black market. Or you may have read amazing success stories of
people and businesses flourishing by using it.
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, youll know everything you need to be able to separate fact from fiction when reading claims about Bitcoin and other cryptocurrencies. Youll have the conceptual foundations you need to engineer secure software that interacts with the Bitcoin network. And youll be able to integrate ideas from Bitcoin in your own projects.
Want to know what this course contains?
What is Bitcoin?
Why Use Bitcoin?
How Can I Buy Bitcoins?
How to Store Your Bitcoins?
What Can You Buy with Bitcoin?
How to Sell Bitcoin?
How do Bitcoin Transactions Work?
Is Bitcoin Legal?
How Bitcoin Mining Works?
How to Set Up a Bitcoin Miner?
What are Bitcoin Mining Pools?
Bitcoin is incredibly secure. Most of the time, people talking about hacking when it comes to cryptocurrencies have no idea what theyre talking about. At this point, barring an (extremely unlikely) exploit to the underlying cryptographic algorithm, it would take nation-state level budgets to be able to perform attacks on the network. Also, theres almost no incentive to attack the network by doing soif you were to amass 51% of the hashrate without attracting attention, would you rather attack the network, or pocket the $2 billion per year that youd be earning with it? I mean, what would be the point? Even then, you dont even really get to do anything interesting (compared to $2B/yr, anyway).
With bitcoin, you trust in the code, the protocol, and mutually-beneficial incentives. If you trust these things, you dont have to be concerned that your banks fraud department screws with you, or whether your nation-state of birth or choice decides to do something idiotic with your life savings. Nobody can prevent you from making a transaction. Because there are no gatekeepers, anyone can get an account, send and receive transactions.
Learn Bitcoin for Android
- By SP App Developers
- Free
- User Rating