Cryptocurrency Certification ~ How I got Certified as Crypto Expert!
Cryptocurrency certification, blockchain certification, Ethereum developer, Bitcoin certified expert: Hot certifications now.
I got into Cryptocurrency in the month of July 2016 and it’s been quite exciting learning and making profit with Bitcoin and Altcoins. There is been a drop in my blogging activity as I spend more time researching, trading, organizing presentations and sometimes traveling.
Recently, I decided to take a step forward by going in for Blockchain Council’s cryptocurrency certification training and exam. The industry is young, volatile, growing and facing a lot of challenges from institutions and legislation. But it’s going to where – trust me.
NB: Download my free report on Initial Coin Offerings (ICO). See how it’s making huge earnings today.
Blockchain certification in general is hot cake at the moment. I started with cryptocurrency but a couple other digital currencies related online courses will follow (Solidity Developer, Ethereum Expert, Smart Contract Developer, Blockchain Developer and other certification courses ) .
It feels good to be a Certified Cryptocurrency Expert by Blockchain council and following the certification program, sitting and succeeding in the certification exams.Visit Blockchain Council!
Cryptocurrency Certification by Blockchain Council
One of the first things you should know here is that this is an online certification. You won’t have any direct contact with your instructor.
The online training is self paced
Being in the industry for over a year, it was not quite a big deal going through the certification. That shouldn’t suggest it was with the click of the mouse though.
It was quite exciting going through the excellent video Certified Cryptocurrency Expert training course put up by the guys at Blockchain Council. This course is also for you because anyone on this planet can get certified. You simply take the training program without any prerequisites.
The most thrilling moment was when I had to sit for the exams. The questions were touch, technical and required thorough and in-depth understanding of the industry. It’s not easy to be an expert BTW.
Both the Training & Exam are aimed to provide a proof-of-knowledge of the certificate holder in Blockchain and Cryptocurrency space. The course is made up of 25 videos and 1 exam.
Here is the course curriculum for the professional certification :
- What is Blockchain?
- Private and Public Blockchain
- What is Cryptocurrency?
- Anatomy of Cryptocurrency
- Why would you use a Cryptocurrency?
- How Cryptocurrency works?
- What are some famous Cryptocurrencies?
- What defines the price of Cryptocurrency?
- Pros and Cons of Cryptocurrency
- What is Blockchain Mining?
What are miners and what do they do?
- How to mine Cryptocurrencies?
- What is an ICO?
- How ICO works?
- Why ICOs are gaining so much traction
- Introduction to Trading
- What Cryptocurrencies you should buy?
- What are Exchanges
- Secure wallets and why are they used?
- What are ERC20 token and wallet?
- How to trade Cryptocurrencies Part – 1
- How to trade Cryptocurrencies Part – 2
- How to trade Cryptocurrencies Part – 3
- Risks and rewards
- Current trends and analysis
Who is this cryptocurrency certification course for?
- Investment Banker, Consultant & Advisers
- University Professors
- Engineering & Management Students
- Programmers & Developers
- Software Engineers & Architects
- Application Architects
- Cryptocurrency Enthusiasts
- CEO, CTO, CIO, CISO or any other CXO
- Operation Heads in Businesses
- Senior Government Officials
- Security Professionals, Administrators
- Venture Capitalists, Angel & Seed Investors.
The Training of 3 – 4 hours can be taken as per candidate’s availability & speed. The exam duration is 1 hour and candidates should have 60+ marks to have a pass.
Candidates are allowed to take the exam at a maximum of 3 times. If you fail after your first round, you are allowed 2 more chances. If you still don’t make it after the 3rd time, you will have to request for more help from the organizers. It took me just 1 round to score quire high, above the minimum.More about courses here
Understanding Bitcoin before becoming a Bitcoin certified expert
I have had many people who express the desire to become Bitcoin certified. Blockchain Council also offers Bitcoin certification programs which is awesome.
But I want you to get some basics before taking the online course.
Bitcoin is cryptocurrency. But not all cryptocurrencies are Bitcoin. Bitcoin (BTC) was the first cryptocurrency to run on the Blockchain network.
Today, the market is graced by over 2500 different cryptocurrencies on different blockchain networks.
To become successful in the industry, one needs the knowledge and skills. There is much that can be read online but taking education courses is most ideal.
The Bitcoin digital money was created by someone (group of persons) who go under the name Satoshi Nakamoto. While no one can tell exactly the mystery behind this name, it’s less important for many.
The Bitcoin virtual currency is stored in what is generally known as the Bitcoin Wallet. There are online wallets (hot wallets) and offline wallets (cold wallets).
Cold wallets are generally split into two: Hardware (Ledger being a good example) and paper wallet, which is simply Block chain access keys printed.
Bitcoin mining is the complex procedure of generating the virtual coins into the network. A computer that generates a BTC is called a Miner. When a BTC is created, it’s referred to as being mined.
The Bitcoin price is highly volatile because of changing demand and supply market forces. As BTC is not controlled by Government or Central Banks, there are no regulations to check the market at the moment.
Any other coin that’s not Bitcoin is called Altcoin (alternative coin). There are many of these, including Ripple, Ethereum, Dogecoin, Litecoin, etc and each coin has its own ecosystem.
One big feature of Bitcoin is anonymity. Unlike Fiat, no one can track a Bitcoin trasanction to a user profile.
Bitcoins are traded on a Bitcoin exchange and there are many of these exchange platforms. But simply, you can buy Bitcoin with Credit Card on Coinbase and many other online brokers.
That’s some basic information about Bitcoin to get you warmed up and prepared for the training online.
Does Cryptocurrency Certification have a place?
In today’s world of growing digital adoption, businesses are switching to blockchain environments. Blockchain companies have need to associate cryptocurrencies and utility tokens to their business portfolios.
This therefore ushers in high demand for blockchain and cryptocurrency experts. Certification is the way to sealing consultation and developement deals. It empowers holders with knowledge to make new utility tokens and Cryptocurrencies and help their client develop profitable blockchain businesses.
Understanding Blockchain in Simple Terms
The blockchain industry is highly technologically jagonised. This deters many new comers who always think it’s not for them. But the truth is, it ends up being amazing with just a little effort and determination.
Note that Blockchain is a technology and Cryptocurrency is a service on the Blockchain infrastructure. Think of it like Blockchain = Microsoft Windows OS and Cryptocurrency = Adobe Acrobat Reader. While Blockchain was initially designed to powered Cryptocurrencies, the use-cases today are ever expanding. It’s like the operating system that runs diverse applications or software.
One of the top Certifications that get highly sort after is the Blockchain Certified Expert. While my Cryptocurrency certification is as hot, I will be taking the blockchain cert soon.
Thanks for reading and let me hear your thoughts.