This package is best suited for beginners which have no experience whatsoever and might not have a theoretical understanding about blockchain technology. Therefore, we start with the theory about blockchain applications without going too much into technical detail. What is a blockchain, how does it function, why is it relevant. What are blocks at all, how long is the block time and how big are these blocks… This will give an overview about the hype around bitcoin an Co. A general view of the political aspects in bitcoin are provided, who are the big players and where does the power come from. In addition there will be a quick glance at the banking system and why it defers from bitcoin.
Together we will look at different platforms and install software to manage bitcoin and Co. Private keys and seeds are backed and transactions executed.
For preparations you’ll be asked to register on a platform as coinbase.com and make a bank transfer to your own coinbase account. In the old system, the bank transfer is the bottle neck and does take its time. As soon as the money is in your coinbase account, practical experience can be gained as coins and tokens can be transferred and traded in minutes, sometimes seconds.
Please schedule around 3-4 hrs for this training.