Cryptocurrency Trading Course: What Is a Bitcoin Transaction
Understand the inner workings of Bitcoin transactions, from structure to verification, in this advanced-level course designed for business professionals and crypto enthusiasts. Skip the online search for answers and get access to this course on Bitcoin transactions now.
Last update: July 2024
Audio Language: English
Subtitles/Captions: Yes
Focus: Blockchain Courses
Caption Language: English
Type of Training: Online, self-paced
What You’ll Learn
This crypto trading course will teach you:
- Bitcoin Transaction Structure: Learn how Bitcoin transactions are created, structured, and recorded.
- Chain of Digital Signatures: Understand how Bitcoin maintains secure ownership with cryptographic signatures.
- Transaction Verification: Explore how to analyze and verify transaction data on the blockchain.
- Coinbase Transactions: Understand the role of miners and block rewards in transaction creation.
- Transaction Confirmations: Discover how the confirmation process secures the Bitcoin network.
- Memory Pool: Learn where transactions go before being confirmed and added to the blockchain.
- Segregated Witness (SegWit): Learn what SegWit is and how it improves transaction efficiency.
- Bitcoin Transaction Journey: Trace how a transaction travels across the Bitcoin network.
- Real Blockchain Analysis: Practice reading real transactions using public blockchain tools.
- Historical Context: View Bitcoin’s evolution through key transaction-based milestones.
Included in the Crypto Trading and Bitcoin Course
1.5 Hours of On-Demand Video
1 Downloadable Resources
4 Quizzes
Access on Mobile
Certificate of Completion
Suitable for the Following Careers
Blockchain Consultants
Crypto Analysts
Financial Technology Professionals
Business Strategists
Cryptocurrency Investors
Course Content
PREVIEW COURSEBitcoin Advanced: Transactions
What is a Bitcoin Transaction
Preview
Quiz 1: Knowledge Check: What is a Bitcoin Transaction?
Preview
How Bitcoin Transactions Work.
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Quiz 2: Knowledge Check: How Bitcoin Transactions Work.
Preview
The Chain of Digital Signatures
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Quiz 3: Knowledge Check: A Chain of Digital Signatures
Preview
Analyzing a Real Bitcoin Transaction on the Blockchain
Preview
What a Bitcoin Transaction Really Looks Like
Preview
The Journey of a Bitcoin Transaction
Preview
What is the Memory Pool
Preview
The Coinbase Transaction
Preview
Bitcoin Transaction Confirmations
Preview
Bitcoin Transaction Confirmations Part 2
Preview
Quiz 4: Knowledge Check: Analyzing a Bitcoin Transaction on the Blockchain
Preview
About Segregated Witness (SegWit)
Preview
Bonus Lesson A Brief Bitcoin History Primer as Seen Through Its Transactions
Preview
Review and Additional Resources
Preview
Audio Version of Training
OPEN FULL CURRICULUM
Bonus Lecture - Whats Next?Requirements
Working understanding of Bitcoin and blockchain technology
Completion of a beginners-level blockchain course is highly recommended
Note: no software coding experience is required
Description of Cryptocurrency Trading Course
This advanced-level course is designed to deepen your understanding of Bitcoin transactions from a business and strategic perspective. You'll explore exactly the life cycle of Bitcoin transactions—what they are, how they are created and verified, and how they are recorded permanently on the blockchain. This course is ideal for business professionals who want to go beyond surface-level knowledge and speak confidently about the technical and economic aspects of Bitcoin transactions.
You’ll examine each transaction component, including digital signatures, inputs and outputs, the mempool, confirmations, and SegWit. You'll also walk through real transaction examples and learn how to interpret them on a blockchain explorer.
- Understand the internal structure and purpose of Bitcoin transactions
- Analyze real transactions on the blockchain
- Discover how confirmations secure the network
- Learn the role of miners and Coinbase transactions
- Explore SegWit and how it optimizes transactions
- Review historical transactions to understand Bitcoin’s evolution
By the end of these modules, you’ll be equipped to understand and explain how Bitcoin transactions function from start to finish, adding real-world credibility to your blockchain knowledge.
Who Is This Course For
This course is for business professionals and crypto enthusiasts who want to master a deeper understanding of Bitcoin transactions. It is not intended for developers or those seeking coding instruction.
Course Instructor
George Levy
George Levy is dedicated to advancing the global impact of blockchain technology. Through his lectures, videos, courses, and work with the Blockchain Institute of Technology and Bitsonline, he helps audiences worldwide understand and apply blockchain technology and cryptocurrency.
As the Chief Learning Officer and a certified instructor at the Blockchain Institute of Technology (BIT), George specializes in professional training and certification in blockchain, Bitcoin, and cryptocurrency. He is also a co-founder of Bitsonline, a media portal covering Bitcoin, cryptocurrency, FinTech, and related technologies. His mission is to spread knowledge and foster the growth of blockchain technology, changing the world one blockchain at a time.
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Testimonials
Byron A.
I like the way George Levy presents his presentations and then makes sure he goes in depth to ensure the explanation is well understood. He is a wonderful teacher.
Petya H.
Thank you so much, George! I really appreciated your delivery enthusiasm, structure and thorough approach, providing the whole picture for someone with 0 background in the field. Your ability to break down complex concepts and present the whole picture made it so much easier to grasp, and I’ve learned so much.
Markus W.
I found that the clearness regarding the mechanisms backing bitcoin transactions were hard to find in other courses and videos i watched in the past. This was much better for me in this course.
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Frequently Asked Questions
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