Blockchain Explained: Bitcoin, Wallets & Transaction Mechanics
Understand how blockchain works using Bitcoin as a practical example. Learn about wallets, private keys, transaction validation, mining, and decentralized network architecture.
50+ Concepts
Complete blockchain guide
50+ Concepts
Comprehensive curriculum
Practical Examples
Real crypto scenarios
Certificate
Available upon request
Community Access
Join expert learners
What You'll Learn
Master the fundamental concepts covered in this course
Understand cryptocurrencies from a user perspective
Compare Bitcoin clients and wallets
Learn keys, addresses, and digital signatures
Examine the transaction lifecycle on the blockchain
Understand Bitcoin network architecture and blockchain principles
Learn the mining process and decentralized consensus
Evaluate advantages and disadvantages of cryptocurrencies
Course Curriculum
7 comprehensive modules covering blockchain and cryptocurrency fundamentals
Blockchain & Cryptocurrencies Basics
- Introduction to digital currencies and fiat money
- Overview of Bitcoin's invention and basic definitions
- Concept of decentralized and deflationary currency
Bitcoin Clients & Wallets
- Full, lightweight, web, and mobile clients
- Bitcoin wallets: software, mobile, web, hardware, paper
- Custodial vs non-custodial wallets and multi-signature wallets
Keys & Addresses
- Private and public keys, their purpose, and differences
- Generating Bitcoin addresses from private keys
- Signing transactions and relationship between keys and addresses
Transactions
- Definition of Bitcoin transactions vs traditional credit transfers
- Inputs and outputs, UTXO model
- Transaction lifecycle: creation, broadcasting, validation, and inclusion in blockchain
- Digital signatures and verification process
Bitcoin Network & Blockchain Architecture
- Peer-to-peer, distributed, decentralized, trustless network
- Roles of nodes and block structure
- Blockchain: public ledger, blocks, hashes, Merkle roots, and validation
- Adding new blocks and maintaining network integrity
Mining & Consensus
- Mining definition, process, and rewards
- Proof-of-Work and decentralized consensus mechanisms
- Alternative consensus models (Proof-of-Stake, etc.)
Evaluation & Summary
- Advantages: full control, low fees, transparency, innovation, reduced fraud
- Disadvantages: volatility, regulation, ongoing development, acceptance challenges
- Summary of key concepts and practical applications
Meet Your Instructor
Milko Filipov
Payments Expert | 12+ Years Experience
Milko Filipov is an experienced professional in payment systems, card payments, and digital banking, with strong expertise in emerging technologies, cryptocurrencies, and decentralized applications, agentic commerce and agentic payments. He has supported major global projects for organizations including NTT DATA, Siemens, BMW, Commerzbank, Atruvia, Capgemini, Bosch, BNP Paribas, Stripe, EPI, and Visa.
Milko holds an MBA in Finance and Strategic Management from the Katz Graduate School of Business at the University of Pittsburgh and is committed to helping financial and technology professionals deepen their understanding of the payments industry to drive better, more innovative banking solutions.
Requirements
- No prior cryptocurrency experience needed
- Basic understanding of digital technology helpful
- Curiosity about blockchain and digital assets
Who This Course Is For
- Finance and banking professionals
- Entrepreneurs exploring crypto opportunities
- Developers interested in blockchain technology
- Anyone curious about digital currencies
Ready to Enter the Crypto World?
Join 3,200+ professionals who have mastered blockchain and cryptocurrency fundamentals
Certificate included
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Crypto & Stablecoin Payments for Businesses →Apply your blockchain knowledge to real-world business payment acceptance and PSP integration