Beyond the Bubble

Blockchain is misunderstood, but everyone is curious about it. Hence, we curate courses to guide you from scratch to mastering modern day’s most advanced technology.

Why Choose Us?

We have been where you are today and had started off as freshers in the blockchain space. So, we understand your learning requirements and the exact path you need to take to master this technology. At Blockinspect, our aim is not to bombard you with blockchain jargons. Rather, we wish to take you through a seamless learning experience and help you enjoy the process.

Experienced Educators

Our educators are seasoned blockchain experts with a zeal to share their knowledge.

Practical Lessons

We believe in clearing misconceptions and delivering a practical understanding of blockchain technology.

Flexible Learning

We encourage you to learn at your own pace. Our courses are sequentially designed to help you not miss a single concept.

Blockchain Basics

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Blockchain
Cryptocurrency
BASICS

Learn the basics of Blockchain & Cryptocurrencies

What is Blockchain?

Blockchain technology was founded in 2008. It can be defined as a decentralized ledger that stores information in a distributed manner across a network. Blockchains are immutable in nature, thus making them the most secure record-keeping mechanism. Some of the most popular blockchains are Bitcoin and Ethereum.

What are Cryptocurrencies? 

A cryptocurrency is a digital or virtual currency that circulates over blockchain networks through the process of cryptography. Being secured by several cryptographic norms, cryptocurrencies are almost impossible to counterfeit and are gradually emerging as a parallel to fiat currency. Some of the most popular cryptocurrencies are Bitcoin (BTC), Ether (ETH), Ripple (XRP), etc.

What is a Smart Contract? 

Smart contracts are an essential aspect of any blockchain network. It is a piece of code that includes a pre-determined set of conditions and outcomes. Upon the occurrence of those conditions, the smart contract executes those outcomes automatically, thus eliminating the need for any third-party elimination for the purpose of executing transactions & operations.

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What is Mining? 

Mining is the process of adding transaction records to blocks in a blockchain framework. This process involves the generation of hashes using which blocks are sealed once they are filled with information (transaction records). Mining is done by miners and requires high computational power. Miners are also rewarded for performing this activity of recording transactions.