About this Course
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Start instantly and learn at your own schedule.

Flexible deadlines

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Approx. 18 hours to complete

Suggested: 4 hours/week...

English

Subtitles: English

Skills you will gain

Bitcoin NetworkBlockchainsCryptocurrencyBitcoin

100% online

Start instantly and learn at your own schedule.

Flexible deadlines

Reset deadlines in accordance to your schedule.

Approx. 18 hours to complete

Suggested: 4 hours/week...

English

Subtitles: English

Syllabus - What you will learn from this course

Week
1
4 hours to complete

Introduction to Crypto and Cryptocurrencies

Learn about cryptographic building blocks ("primitives") and reason about their security. Work through how these primitives can be used to construct simple cryptocurrencies. ...
6 videos (Total 59 min), 1 reading, 1 quiz
6 videos
Cryptographic Hash Functions18m
Hash Pointers and Data Structures8m
Digital Signatures9m
Public Keys as Identities5m
A Simple Cryptocurrency14m
1 reading
Course Information10m
Week
2
1 hour to complete

How Bitcoin Achieves Decentralization

Learn Bitcoin's consensus mechanism and reason about its security. Appreciate how security comes from a combination of technical methods and clever incentive engineering. ...
5 videos (Total 74 min)
5 videos
Distributed Consensus13m
Consensus without Identity: the Block Chain17m
Incentives and Proof of Work19m
Putting It All Together18m
Week
3
1 hour to complete

Mechanics of Bitcoin

Learn how the individual components of the Bitcoin protocol make the whole system tick: transactions, script, blocks, and the peer-to-peer network. ...
6 videos (Total 78 min)
6 videos
Bitcoin Scripts15m
Applications of Bitcoin Scripts14m
Bitcoin Blocks5m
The Bitcoin Network18m
Limitations & Improvements11m
Week
4
4 hours to complete

How to Store and Use Bitcoins

This week we'll explore how using Bitcoins works in practice: different ways of storing Bitcoin keys, security measures, and various types of services that allow you to trade and transact with bitcoins. ...
7 videos (Total 81 min), 1 quiz
7 videos
Hot and Cold Storage13m
Splitting and Sharing Keys11m
Online Wallets and Exchanges19m
Payment Services8m
Transaction Fees5m
Currency Exchange Markets16m
Week
5
1 hour to complete

Bitcoin Mining

We already know that Bitcoin relies crucially on mining. But who are the miners? How did they get into this? How do they operate? What's the business model like for miners? What impact do they have on the environment? ...
5 videos (Total 86 min)
5 videos
Mining Hardware23m
Energy Consumption & Ecology14m
Mining Pools14m
Mining Incentives and Strategies23m
Week
6
2 hours to complete

Bitcoin and Anonymity

Is Bitcoin anonymous? What does that statement even mean—can we define it rigorously? We'll learn about the various ways to improve Bitcoin's anonymity and privacy and learn about Bitcoin's role in Silk Road and other hidden marketplaces. ...
6 videos (Total 112 min)
6 videos
How to de-anonymize Bitcoin18m
Mixing21m
Decentralized Mixing14m
Zerocoin and Zerocash19m
Tor and the Silk Road11m
Week
7
4 hours to complete

Community, Politics, and Regulation

We'll look at all the ways that the world of Bitcoin and cryptocurrency technology touches the world of people. We'll discuss the community, politics within Bitcoin and the way that Bitcoin interacts with politics, and law enforcement and regulation issues. ...
8 videos (Total 75 min), 1 quiz
8 videos
Bitcoin Core Software10m
Stakeholders: Who's in Charge?9m
Roots of Bitcoin9m
Governments Notice Bitcoin9m
Anti Money-Laundering5m
Regulation11m
New York's BitLicense Proposal10m
Week
8
1 hour to complete

Alternative Mining Puzzles

Not everyone is happy about how Bitcoin mining works: its energy consumption and the fact that it requires specialized hardware are major sticking points. This week we'll look at how mining can be re-designed in alternative cryptocurrencies. ...
5 videos (Total 45 min)
5 videos
ASIC Resistant Puzzles13m
Proof-of-useful-work9m
Nonoutsourceable Puzzles7m
Proof-of-Stake "Virtual Mining"8m
Week
9
1 hour to complete

Bitcoin as a Platform

One of the most exciting things about Bitcoin technology is its potential to support applications other than currency. We'll study several of these and study the properties of Bitcoin that makes this possible. ...
5 videos (Total 85 min)
5 videos
Bitcoin As Smart Property16m
Secure Multi-Party Lotteries in Bitcoin10m
Bitcoin As Randomness Source18m
Prediction Markets & Real-World Data Feeds23m
Week
10
1 hour to complete

Altcoins and the Cryptocurrency Ecosystem

Hundreds of altcoins, or alternative cryptocurrencies, have been started, either to fix Bitcoin's perceived flaws or to pursue different goals and properties. We'll look at everything that goes into an altcoin and how they interact with Bitcoin. ...
4 videos (Total 64 min)
4 videos
Interaction Between Bitcoin and Altcoins15m
Lifecycle of an Altcoin15m
Bitcoin-Backed Altcoins, "Side Chains"11m
Week
11
1 hour to complete

The Future of Bitcoin?

The use of Bitcoin technology for decentralizing property, markets, and so on has been hailed as a recipe for economic and political disruption. We'll look at the technological underpinnings of these proposals and the potential impact on society. ...
4 videos (Total 84 min)
4 videos
Routes to Blockchain Integration28m
What Can We Decentralize?24m
When Is Decentralization a Good Idea?16m
4.7
469 ReviewsChevron Right

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started a new career after completing these courses

47%

got a tangible career benefit from this course

Top Reviews

By AGDec 23rd 2017

I've gained a strong knowledge of Bitcoin's architecture but wish this course was updated to include the developments of the last two years. A few lectures on alt-coins would have been useful as well.

By MBMar 11th 2018

Great course, a very broad and in-depth overview of concepts surrounding cryptocurrencies and Bitcoin in particular. Would be great to have an update of course; perhaps once the ICO craze is over? (-:

Instructor

Avatar

Arvind Narayanan

Associate Professor
Computer Science

About Princeton University

Princeton University is a private research university located in Princeton, New Jersey, United States. It is one of the eight universities of the Ivy League, and one of the nine Colonial Colleges founded before the American Revolution....

Frequently Asked Questions

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