Blockchain Advanced Course - Cape Town 23 February 2018

Fri Feb 23, 09:00 - Fri Feb 23, 14:30

Bandwith Barn

ABOUT

Do you know the basics of Bitcoin & the Blockchain and want to learn more about this fascinating technology and the opportunities it offers?
 
Bitcoin & blockchain technology has received a lot of attention recently as the technology provides many opportunities and solutions for both financial and non-financial institutions, startups, individuals and governments. The world's largest organisations such as IBM, Deloitte, Microsoft, Santander Bank and Nasdaq, are looking at the blockchain technology as a means to improve their existing services, systems and products. This course helps de-mystify what blockchain is and how organisations can leverage its key features: security, transparency, full life-cycle transaction history, real-time, immutability and cost-efficiency. 

The Blockchain Advanced course provides a more in-depth understanding of bitcoin and the blockchain and delves deeper into the concepts covered in the Bitcoin and Blockchain Beginner course. It is not essential for attendees to have attended the Bitcoin and Blockchain Beginner course, however, the Blockchain Advanced course does require attendees to already have a basic understanding of bitcoin and the blockchain.

The course goes further into cryptography, bitcoin mining, mining pools, bitcoin transactions on the blockchain, smart contracts, layer two solutions such as Lightning Network, payment channels and bitcoin scaling issues.

The course covers many topics such as risks and challenges blockchain technology and cryptocurrencies face including regulation, centralisation, hard forks and Initial Coin Offerings (ICOs).

Course attendees will gain an insight into the future of this technology in terms of innovation and disruption of existing traditional systems and processes.

Module 1 - Introduction
1.     The Problem of Digital Cash and Double Spending
2.     Nodes and Mining
3.     Byzantine Generals’ Problem
 
Module 2 - Cryptography
1.    Hashes
2.    Proof of Work
3.    Elliptical Curve: Private and Public keys and Digital Signatures
4.    Hierarchical Deterministic or HD wallets
5.    Block Structure
 
Module 3 - Transactions                
1.     How Transactions are Structured
2.     Introduction to SegregatedWitness (SegWit)
3.     Merkle Trees
 
Module 4 - Smart Contracts
1.     High-Level Introduction to Bitcoin Scripts                                                                  
2.     Transactions: P2PK, P2PKH and P2SH
3.     Multisignature and Use Cases
4.     Micropayment Channels
5.     Open Asset Protocol and Coloured Coins
6.     Evolution of Smart Contracts - Solidity and Ethereum  
 
Module 5 - Layer Two Solutions                                
1.     The Bitcoin Scaling Debate
2.     Lightning Network
 
Module 6 - Risks and challenges                                
1.     Hard forks and Attacks
2.     Governance and Risks of Centralisation
3.     Hype Cycles
4.     Permissionless vs. Permissioned Blockchains
5.     Initial Coin Offerings (ICOs)

Each student will receive printed training material and a Certificate of Completion.
Please note: The course content is subject to change slightly.

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Blockchain Advanced Course - Cape Town 23 February 2018
Bandwith Barn
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