Understanding Blockchain Technology

 Bitcoin uses a digital technology called “blockchain,” an advanced coding mechanism that

 disperses a single code over thousands of different computers. For example, let’s say that 

your coin is built from the code, “XDA146DDS.” Blockchain segments the code into smaller

 pieces and stores the pieces of code across many computers. If a hacker wanted to access the

 code, they’d have to hack various computers to access the entire code.

Blockchain also employs a “public ledger,” which uses thousands of computers (referred to as “nodes”) 

to keep track of coins and their owners. If a coin’s data is changed, the nodes will cross-reference 

each other’s records to verify whether the change is accurate and that the coin’s owner initiated it.

What Is Bitcoin?

Bitcoin is a digital currency that was created in January 2009. It follows the ideas set out in a whitepaper by the mysterious and pseudonymous Satoshi Nakamoto.1 The identity of the person or persons who created the technology is still a mystery. Bitcoin offers the promise of lower transaction fees than traditional online payment mechanisms and, unlike government-issued currencies, it is operated by a decentralized authority.

Bitcoin is a type of cryptocurrency. There are no physical bitcoins, only balances kept on a public ledger that everyone has transparent access to. All bitcoin transactions are verified by a massive amount of computing power. Bitcoins are not issued or backed by any banks or governments, nor are individual bitcoins valuable as a commodity. Despite it not being legal tender, Bitcoin is very popular and has triggered the launch of hundreds of other cryptocurrencies, collectively referred to as altcoins. Bitcoin is commonly abbreviated as "BTC."

KEY TAKEAWAYS

Launched in 2009, bitcoin is the world's largest cryptocurrency by market capitalization.

Unlike fiat currency, bitcoin is created, distributed, traded, and stored with the use of a decentralized ledger system, known as a blockchain.

Bitcoin's history as a store of value has been turbulent; the cryptocurrency skyrocketed up to roughly $20,000 per coin in 2017, but less than years later, it was trading for less than half of that.

As the earliest virtual currency to meet widespread popularity and success, bitcoin has inspired a host of other cryptocurrencies in its wake.

BTC1

 The course is offered at the Certificate Level. It is a full time course of 2 years. 

The course is basically for those candidates who have interest in starting their career as primary teacher.

 It is a career-oriented course. It is a 2- year certificate course which helps the candidates to work as the primary teacher in government schools after completing the course. 

They can apply in any of the government schools to work as Assistant Teacher. Basically,

 in every state, there are institutions which are offering BTC.

The tuition fees by average for Basic Training Certificate [BTC] comes between INR 8,000 to INR 1.3 Lakh for the span of two years.