How to Learn Cryptocurrency - 20 Bootcamps to Get You Started
What You Need to Know about Cryptocurrency
The concept of cryptocurrency has been around since the early 80s when Dave Chaum designed cryptographic electronic money called ecash. Eventually, ecash evolved into Digicash, which was an early form of cryptocurrency that required a specific software to make payments. By the mid-90s, the government started looking into the security of “electronic cash,” and the NSA released a paper through an MIT mailing list about a potential cryptocurrency system1. However, it wasn't until 2009 that the anonymous developer, “Satoshi Nakamoto”, created the first decentralized cryptocurrency, Bitcoin2. Cryptocurrency has been gaining in popularity ever since.
If you want to learn more about cryptocurrency, there are courses that cover important fundamentals like blockchain basics and trading and others that dive into advanced practices like financial investment. Some programs teach students about cryptography and how to create their own cryptocurrency. For students interested in learning cryptocurrency at a bootcamp, check out our comprehensive list below.
What is Cryptocurrency?
Cryptocurrency is an internet-based form of digital currency created to be a medium of exchange. Cryptocurrency has a few defining characteristics:
- It is digital money made from code
- It is an encrypted string of data that is created using blockchain technology
- It is decentralized, and its economy is monitored by a peer-to-peer internet protocol
Cryptocurrency's nature makes the transactions irreversible (which makes it secure and immutable), more anonymous to use, fast and global, and permissionless, meaning you don't have to ask anyone to use it or have any limitations on amounts or how you can use it.
What is Cryptocurrency used for?
People have begun to use cryptocurrency to invest in startup companies, make private financial transactions, travel, as payment for renting out extra hard drive space to the cloud, or as payment on a blockchain-based platform, like Steemit. Cryptocurrency also provides quicker transactions and more anonymity and security.
Why learn Cryptocurrency?
Interest in cryptocurrency is growing because it is secure, decentralized, and easy to use. If you want to enter a financial field or industry that is beginning to use cryptocurrency, it's helpful to understand what it is, its benefits, how it's used, and why it's used. If you're a developer or want to be a developer that works with blockchain, knowing about cryptocurrency and the technology behind it is helpful. It's also crucial to learn about cryptocurrency if you have plans to use it or invest in it. Industries that are using or accepting cryptocurrency include:
- Fast food
- Private Equity investment
- Real estate
- Social media
Learn Cryptocurrency at a bootcamp
Bootcamps, courses, and certificate programs are great ways to learn about cryptocurrency. Udemy covers it in a Bitcoin and Cryptocurrency Bootcamp course, while the University of Washington teaches it in a FinTech bootcamp. Blockchain at Berkeley offers a 6-week course of edX called Bitcoin and Cryptocurrencies. If you're looking for programs that teach cryptocurrency, start by looking at our comprehensive list below.
Comprehensive List of Cryptocurrency Bootcamps
Hack Reactor teaches budding software engineers the computer science, app development and engineering skills they will need in its part- and full-time immersive programs. It also offers a live, online remote bootcamp for remote students around the world.
Pros: -Excellent instruction. There were 2 instructors and about 4 TAs for a group of 7 students, so the level of help and instruction was pretty great. The instructors were both brilliant and super warm. -Amazing learning environment. -High quality peers (both super intelligent and very warm). We really bonded...
Lighthouse Labs offers full and part-time courses for aspiring software developers at campuses across Canada. Full-time students can choose between bootcamps on web or iOS development. Students can also take intro courses in web development, iOS development and front-end development on a part-time basis.
SecureSet Academy brings the bootcamp model to cybersecurity education with comprehensive, skills-focused programs for launching a security career. Launched in 2014, SecureSet was the first cybersecurity immersive program of its kind and is committed to securing the future. SecureSet partners closely with top security employers to provide the skilled talent the industry is searching for. The path to launching a highly rewarding security career can take 5-10 years; SecureSet teaches you the skills you need...
SecureSet Academy was able to accelerate my current knowledge within the Cyber Security field and help consolidate and teach me different methods of learning that I can use later on in life. In addition this the different mindsets and problem solving techniques that SecureSet's curriculum was able to refine and...
Byte Academy requires students to learn the basics of programming before enrolling in its programs. It offers part-time evening classes, as well as 40 hour per week immersives. Graduates have lifetime access to career services after the program, and several campuses offer a job guarantee.
While the course work and teachers are great, there is something very much to be desired from the "job support". Shortly before the pandemic for some reason unbeknownst to students, they decided to let go of their career services leader effectively leaving students on their own to find a job....
The Bridge is a self called the 1# Digital Talent Accelerator, headquartered in Madrid (Spain) and born to unlock the potential of individuals, societies and economic agents by bridging the digital skills gap through education. Students can apply to +500h programs focused in some of the most relevant and in-demand skills in tech: Software Engineering, Data Science, Cybersecurity, UX/UI Design and Digital Marketing Operations and choose the format that best suits to them: face-to-face or...
Very intense and complete program to train you as a full stack developer. Complete training in backend and frontend programming. Very focused on the practices of what is taught in the theory in order to strengthen the concepts and knowledge. 100% recommended
BitDegree offers a large number of online programming classes, many of which are free. Courses are offered in video and interactive formats. Students can pay for classes either at standard prices through conventional methods or at discount with cryptocurrency in the form of BiTDegree's own BDG tokens.
Blockgeeks offers online, self-paced training and Accelerated Programs in blockchain development and non-technical blockchain education, (Blockchain Law, Blockchain Business etc). Blockgeeks is a technology-centric educational, knowledge sharing, and ecosystem development platform. During the program, students will learn about cryptocurrencies, including Bitcoin and Ethereum. The courses focus on building projects for real-world application while allowing students to gain the essential skills for a career in this dynamic space.
Welcome to Study the Blockchain's one-and-a-half month part-time online bootcamp where you will roll up your sleeves and build, hands on, from conception to deployment, your very own decentralized application (Dapp) on the Etheruem Blockchain using the Solidity smart contract programming language. The skills you will gain will help you land a career as a Blockchain developer. You will be guided by our instructors, brave developers that taught themselves how to build smart contracts, and...
Our mission is to help anyone learn anything online. Udemy has millions of students and tens of thousands of well qualified students. They have all the online course offerings that you will need. The best way to browse through their offerings is to search on their website and filter by the number of reviews and students.
I waited to write the review almost until the end of the course and I can say that it is very very good. I love how the teacher explains the concepts, the diagrams he uses, and how he goes deep, step-by-step, for each concept. Really one of the best I...
Best Bootcamps received an average 3.13 of 5 based on 583 reviews.
- How to Make a Mint: The Cryptography of Anonymous Electronic Cash. [online] Available at: https://groups.csail.mit.edu/mac/classes/6.805/articles/money/nsamint/nsamint.htm [Accessed 30 July 2020]
- What is Bitcoin? [online] Available at: https://bitcoin.org/en/faq#what-is-bitcoin [Accessed 30 July 2020]