Artificial Intelligence and Machine Learning Courses

Bitcoin+ Security - Self-paced

Length 365 days access
Price NZD 1050 exc GST
Inclusions Online exam

Course overview

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Why study this course

The Bitcoin+ Security certification course is designed for blockchain developers, security engineers, network engineers, financial analysts, and cybersecurity professionals seeking to strengthen their expertise in Bitcoin security. This course equips participants across roles such as cryptographers, IT professionals, and blockchain entrepreneurs with the knowledge and practical skills to secure digital assets, mitigate risks, and implement robust security strategies within blockchain environments.

Throughout the course, learners explore core topics including cryptography, blockchain ledger security, consensus protocols, transaction and network security, and wallet protection, alongside emerging threats such as quantum computing and evolving regulatory frameworks. The program emphasises practical application, risk management, and continuous learning, enabling participants to build real-world security strategies, analyse vulnerabilities, and gain hands-on experience in safeguarding Bitcoin ecosystems and adapting to future security challenges.

Exam and certification

This course prepares students for the corresponding certification. The exam/assessment is completed online and provided as part of the course content.

The exam is:

90 minutes
50 multiple choice / multiple response questions
Pass mark is 35 out of 50 (i.e. 70%)
Online via AI Proctoring platform

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What you’ll learn

Through this course, students will be able to:

Gain a comprehensive understanding of blockchain technology and cryptocurrencies, including their structure, purpose, and operation.
Develop proficiency in cryptographic principles like encryption, hashing, and digital signatures for securing transactions.
Analyse consensus protocols such as Proof of Work (PoW) and Proof of Stake (PoS) to grasp their security benefits and limitations.
Learn about Bitcoin script types, advanced scripting techniques, and measures to prevent transaction malleability.
Examine network and node security, defenses against Sybil attacks, and best practices for securing Bitcoin wallets, including hot and cold storage.
Identify emerging security threats like quantum computing and understand the impact of regulatory considerations such as KYC and AML on cryptocurrency security.

AI CERTs at Lumify Work

AI CERTs® stands at the forefront of AI and blockchain certification, offering world-class programs that prepare individuals to lead in these rapidly growing fields. AI CERTs courses and certifications are vendor agnostic and designed to bridge the gap between theoretical knowledge and practical application, ensuring learners are equipped to make an immediate impact in their careers.
Lumify Work is a Platinum Authorized Training Partner for AI CERTs in Australia, New Zealand, and the Philippines.

View all AI CERTs at Lumify Work courses

Who is the course for?

This course is intended for:

Blockchain Developers
IT and Cybersecurity Professionals
Finance Professionals
Cryptocurrency Enthusiasts
Investors and Traders

Course subjects

Module 1: Introduction to Bitcoin and Cryptocurrencies

Overview of Bitcoin
Fundamentals of Cryptocurrencies
Key Cryptographic Concepts

Module 2: Bitcoin Blockchain Ledger Security

Integrity and Authentication in the Blockchain
Block Mining and Security Implications
Merkle Trees and Block Integrity

Module 3: Consensus Protocols and Security

Proof of Work (PoW) Mechanism
Security Benefits and Limitations of PoW
Alternative Consensus Mechanisms (Proof of Stake, Delegated Proof of Stake, etc.)
51% Attacks: Risks and Protections

Module 4: Bitcoin Scripting and Transaction Security

Introduction to Bitcoin Script
Script Types and Their Functions
Security Risks in Scripting
Advanced Scripting Techniques

Module 5: Bitcoin Network Protocol Security

Customized Treatment Solutions
Data Transmission Security (Encryption and Propagation)
Sybil Attacks and Defenses
The Role of Network Nodes in Security

Module 6: Bitcoin Wallet Security

Types of Wallets (Hot Wallets, Cold Storage)
Security Features of Wallets (Seed Phrases, Multi-factor Authentication)
Best Practices for Wallet Security
Hardware Wallets and Their Security Implications

Module 7: Known Exploits and Vulnerabilities

Double Spending
Race Attacks
Finney Attacks
Vector76 Attack
Analysis of Major Historical Exploits (e.g., The Mt. Gox Hack)

Module 8: Regulatory and Legal Security Considerations

Impact of Regulations on Bitcoin Security
KYC (Know Your Customer) and AML (Anti-Money Laundering) Compliance
Legal Challenges in Different Jurisdictions

Module 9: Emerging Threats and Future Security Trends

Quantum Computing Threats to Cryptography
Potential Future Network Vulnerabilities
Innovations in Blockchain Security (Layer 2 Solutions, Sharding)
Impact of Global Regulatory Changes on Security

Module 10: Best Practices and Security Strategies

Developing a Comprehensive Security Policy
Risk Assessment and Management in the Bitcoin Space
Security Auditing and Penetration Testing

Module 11: Research and Innovations in Bitcoin Security

Ongoing Research in Cryptographic Techniques
Upcoming Bitcoin Protocol Upgrades
Case Studies of Recent Security Enhancements
The Role of Open Source in Security Improvements

Prerequisites

Knowledge of cryptocurrency's purpose, operation, and terminology.
Understanding blockchain structure and digital transaction security.
Encryption, hashing, and digital signatures.
Computer science or IT to understand blockchain and security concepts.
Must have programming skills as Bitcoin scripting requires basic programming knowledge.
Understand basic network protocols and their security consequences.

Terms & Conditions

The supply of this course by Lumify Work is governed by the booking terms and conditions. Please read the terms and conditions carefully before enrolling in this course, as enrolment in the course is conditional on acceptance of these terms and conditions.