Crypto, From Scratch
No prior crypto knowledge. By the end you'll know what a blockchain is, who really owns a wallet, and where your fee goes.
What a blockchain actually is — blocks, hashes and chains; keys, wallets and signatures; how transactions and fees work; and why Bitcoin and Ethereum track your money in two completely different ways.
Everyone has heard the word blockchain; far fewer can say what one actually is. This topic fixes that from zero — no finance background, no computer-science degree, no assumption that you’ve ever owned a coin.
We build it as a ladder, one rung at a time:
- The chain itself — blocks, hashes, and why tampering with old history is effectively impossible.
- Keys and wallets — the public/private key pair that is your identity, and the seed phrase that backs it up.
- Wallets without storage — how a “wallet” can hold money it never actually stores.
- A transaction’s journey — from your screen to the mempool to a confirmed block in the seconds after you hit send.
- The fee — what it really buys: a seat in the next block.
- UTXO vs. account — Bitcoin’s model of digital coins versus Ethereum’s model of running balances.
Get these and every later crypto and DeFi topic stops being jargon and starts being mechanics.
In this topic
- 1 What a Blockchain Actually Is How total strangers agree on who owns what with no bank in charge — ledgers, blocks, hashing and the chain, explained from zero with a tamperable interactive chain. 9 min
- 2 Keys & Wallets: Who Really Owns the Coins A crypto wallet holds no coins — it holds the keys that prove you control them. Learn key pairs, digital signatures, addresses, seed phrases and custody from zero, with an interactive sign-and-verify demo. 9 min
- 3 Transactions & Fees: From Send to Confirmed How a crypto payment travels from your wallet to the blockchain — broadcast, the mempool, block inclusion, confirmations — and why fees are an auction for scarce block space. 9 min
- 4 UTXO vs Account: Two Ways to Keep Score How blockchains track who owns what: Bitcoin's coin-like UTXO model versus Ethereum's bank-balance account model, with an interactive demo and the trade-offs that shape fees, privacy and smart contracts. 9 min
- 5 Final Exam: Crypto From Scratch A graded, locked capstone exam covering every crypto-basics lesson — blockchains, keys and wallets, transactions and fees, and the UTXO vs account models. 15 min
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