For the last year or so whenever I watch a sporting event on television there are advertisements for cryptocurrency exchanges. It has even pervaded niche sports like professional cycling (here’s one story about a particularly dodgy instance in cycling). Last year one of my students even set out to try to mine Bitcoin. Another of my students dabbled in creating NFTs. The point is, cryptocurrencies and NFTs are now mainstream. And both of those are based on the concept of blockchain. 

Blockchain is what makes cryptocurrencies and NFTs possible. If that seems clear as mud, you should watch Common Craft’s video titled Blockchain Explained by Common Craft. The video does a great job of using a concept that we’re all familiar with, ownership of physical property, to explain the Blockchain concept.

After watching Common Craft’s video about blockchain, watch this video from Financial Post to learn how the blockchain concept is applied to Bitcoin and other cryptocurrencies.

Interactive Blockchain Demo

An Open Course About Blockchain and Money