In the age of technological advance education is a must. Cryptocurrencies are becoming more and more popular - they might replace bills before we realize it. Firstly, however, you have to buy a cryptocurrency. Where? At the exchange, of course. However, not every person feels comfortable in complicated world of the stock market, where you need to know when to buy, when to sell, and when you need to back out. In addition, in a split second you might lose everything you've invested. But, there is a way - you can prepare yourself thoroughly before entering the world of cryptocurrencies, just to be on the safe side.A survey on education in decentralized technologies conducted by Coinbase shows that 40% of leading universities offer at least one blockchain or cryptocurrency course.Cornell University, one of the leaders in the field of IT and business, created the Cornell Blockchain project. It focuses on education, certification and blockchain technology applications for students and business clients.The University of Duke is one of the most productive departments in the world and has a student research centre called Duke's Blockchain Lab which offers lectures, interest circles and workshops concerning the latest cryptocurrency and blockchain technologies.MIT (Massachusetts Institute of Technology), listed among the best universities in the world, has MIT Media Lab's Digital Currency Initiative. Its aim is the development of blockchain technology and they support blockchain startups and research projects.New York University (NYU) has added blockchain technology to its FinTech MBA program. This specialization focuses on studying the impact of technology on finance, analytics and artificial intelligence. The first open source is "Law and business of Bitcoin and other cryptocurrencies."Besides, not only the United States, but also European universities introduce new courses and studies in the field of cryptocurrency and blockchain technologies into their programs.The largest university in Cyprus, the University of Nicosia, is the only one to offer the master's degree in cryptocurrencies. It provides online lessons, allowing a large number of people interested in cryptocurrencies to receive an appropriate education. The university also allows its students to pay the tuition fee with Bitcoin.Universidad Europea Madrid has created a free course in cryptocurrency and blockchain technologies. So, we can see that Europe quickly adopts modern solutions and matches the United States in the development of technology.
We define a Bitcoin as a chain of digital signatures. Each owner transfers one Bitcoin to another owner by digitally signing a hash of the previous transaction and the public key of the next owner and adding these to the end of the coin. A payee can verify the signatures to verify the chain of ownership.
The owner of BitMEX cryptocurrency exchange finances research related to cryptocurrencies, run by the Massachusetts Institute of Technology (MIT). The information was posted on May 28 on the blog of the exchange.
A cryptocurrency mining pool is a collective of miners who pool their system resources together. They become more and more popular over time. Nowadays, pools are big enough and have great computing power.
Smart Contract is the next step in the blockchain technology development. It transfers the protocol of financial transactions to a universal tool, which will implement contract terms automatically. This will minimize the risk of errors and manipulation.