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Howard Poston

This course introduces blockchain security, including a description of how the blockchain works at each level of the blockchain ecosystem. The instructor begins with the building blocks that create the structure of blockchain, the cryptography that it uses for security, and the role of hash functions in the blockchain and how they can be attacked. In the next module, the instructor describes what blockchain consensus is, why it’s needed, its underlying theory (Byzantine Fault Tolerance and Security via Scarcity), some of the common consensus algorithms, and the security issues inherent to each variant. The course progresses with a module that describes how blocks are created, the nodes and network that make up the blockchain ecosystem, and examples of various attacks that can be made on their security. Next the focus is on smart contracts and how their security can be compromised with vulnerabilities created by common programming errors during contract development, including in Ethereum, the most commonly used smart contract platform. Finally, the course wraps up with discussions of distributed ledger architectures that are alternatives to blockchain, second-level blockchain protocols, and advanced cryptography in blockchain.

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What's inside

Syllabus

Fundamentals of Blockchain Security
This module introduces blockchain and discusses the security of the cryptography that it uses. It describes how the components of the blockchain are put together, how cryptography is used in blockchain technology, and how public-key cryptography and hash functions are used in blockchain, as well as their security considerations.
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Consensus Algorithm Security
This module introduces consensus algorithms and discusses the security of the most common variants. Consensus algorithms are essential to a distributed, decentralized ledger, where a network of nodes must agree on an official version of the ledger without a central authority. This course describes the underlying principles of consensus algorithms, how two of the primary consensus algorithms work under the hood and how they can be attacked.
Blockchain in Action
This module discusses the ecosystem where the blockchain runs (the nodes and network) and its security. After understanding the different components of the blockchain, it is possible to discuss its security as a whole. This course investigates how blocks are created in the blockchain (and how block creation can be attacked) as well as discussing attacks targeting blockchain nodes and the network that ties them together and enables communication.
Smart Contract Security
This module introduces smart contracts and discusses some of the most common programming errors made in smart contract development. Smart contract platforms are an extension of the original blockchain design, enabling fully functional programs to run “on the blockchain.” This course describes what a smart contract is and explores programming vulnerabilities that exist because a smart contract is a program, runs on a blockchain or is implemented on the Ethereum smart contract platform.
Beyond the Basics
This module goes beyond the basic blockchain to discuss other distributed ledger architectures, advanced cryptographic protections, and blockchain extensions like sidechains and second-layer protocols. It discusses how the blockchain protocol can be replaced (using different underlying architectures), expanded (with second-layer protocols) or improved (using advanced cryptographic primitives) to overcome some of the limitations of blockchain technology.

Good to know

Know what's good
, what to watch for
, and possible dealbreakers
Teaches how cryptography is used in blockchain, which is standard in blockchain technology
Examines how cryptography is implemented in blockchain, which is highly relevant to blockchain development
Develops understanding of cryptography, which is a core skill for blockchain security
Explores how hash functions are used in blockchain, which is standard in blockchain development
Develops understanding of hash functions, which is a core skill for blockchain security
Examines how consensus algorithms work under the hood, which is highly relevant to blockchain development

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Activities

Be better prepared before your course. Deepen your understanding during and after it. Supplement your coursework and achieve mastery of the topics covered in Blockchain Security with these activities:
Review 'Blockchain Revolution: How the Technology Behind Bitcoin and Other Cryptocurrencies Is Changing the World'
Gain a broad understanding of blockchain's potential and applications.
Browse courses on Blockchain Basics
Show steps
  • Read the 'Introduction' and 'Chapter 1: The Genesis of Blockchain'
  • Read the 'Chapter 2: The Blockchain's Three Key Innovations'
Join a Blockchain Community and Engage in Discussions
Connect with experts to expand understanding and gain new perspectives.
Browse courses on Blockchain Technologies
Show steps
  • Identify relevant communities or forums.
  • Participate in discussions and ask questions.
Review 'Cryptoassets: The Innovative Investor's Guide to Bitcoin and Beyond'
Introduce fundamental blockchain concepts like digital signatures, hashing, and consensus mechanisms.
Show steps
  • Read the preface and first chapter.
  • Read the 'Blockchain Basics' section.
Four other activities
Expand to see all activities and additional details
Show all seven activities
Follow Ethereum Developers Tutorials
Gain hands-on experience with a widely used blockchain platform.
Show steps
  • Visit the Ethereum Developers website.
  • Choose a relevant tutorial.
  • Follow the step-by-step instructions.
  • Complete the tutorial and explore further resources.
Practice Cryptocurrency Trading on a Demo Account
Build foundational understanding of cryptocurrency market dynamics.
Show steps
  • Open a demo trading account on a reputable exchange.
  • Fund the account with virtual currency.
  • Begin placing trades using different order types.
  • Analyze the results of your trades.
Participate in a Blockchain Hackathon
Immerse in a collaborative environment, apply skills, and showcase creativity.
Show steps
  • Find an upcoming hackathon.
  • Form a team or work individually.
  • Develop a blockchain-based solution.
  • Submit your project and compete for prizes.
Develop a Blockchain-Based Voting System
Apply blockchain concepts to develop a practical solution.
Browse courses on Blockchain Development
Show steps
  • Design the system architecture.
  • Develop the smart contracts for voting.
  • Create a user interface.
  • Test and deploy the system.

Career center

Learners who complete Blockchain Security will develop knowledge and skills that may be useful to these careers:
Blockchain Security Analyst
The Blockchain Security Analyst role requires expertise in how the blockchain works. This includes cryptography, consensus, smart contracts, the blockchain network, and the overall ecosystem. Understanding each of these aspects of blockchain technology will enable an analyst to detect and defend against vulnerabilities and threats to the blockchain.
Blockchain Engineer
A Blockchain Engineer is responsible for the design, development, and implementation of different blockchain platforms. This course will be very helpful to someone in this role because it goes through the fundamentals of blockchain security, including the cryptography, consensus algorithms, smart contracts, and vulnerabilities. It also covers some of the underlying architecture and advanced cryptographic protections used to keep blockchains secure.
Blockchain Developer
Blockchain Developers help build and maintain the blockchain infrastructure. They need to understand the security of the blockchain at all levels, as this course teaches.
Blockchain Architect
The duties of a Blockchain Architect include designing and implementing blockchain solutions that meet the customer's needs. This course's description of blockchain fundamentals and security will be helpful to someone in this role.
Data Security Analyst
Data Security Analysts need to have knowledge about keeping data secure and this course will give them a comprehensive understanding of blockchain security. The course discusses the security needs of crypto, smart contracts, and blockchains.
Information Security Analyst
Information Security Analysts are responsible for keeping an organization's IT systems secure and this course covers blockchain technology and its security issues.
Network Security Engineer
Network Security Engineers need to understand the security of all networks that an organization uses and this course covers the security needs of blockchain networks.
Security Architect
Security Architects are tasked with keeping an organization's systems secure and this course covers blockchain security.
Security Consultant
Security Consultants give organizations advice on how to keep their information systems secure and this course covers blockchain security.
Software Engineer
Blockchain technology is implemented in software and this course can help a software engineer learn about the security vulnerabilities of blockchain technology.
Systems Engineer
A Systems Engineer is responsible for managing how an organization's IT systems work together and blockchain technology can be an important part of this, so this course on blockchain security would be helpful for them.
Security Researcher
Security Researchers look for vulnerabilities and weaknesses in computer systems and this course can help them understand the blockchain's vulnerabilities and threats.
Cryptography Engineer
Cryptography Engineers design, develop, and implement cryptographic solutions and this course covers cryptography in the context of blockchains.
Cybersecurity Analyst
Cybersecurity Analysts analyze an organization's security needs and this course may help them to gain some insight into the security of blockchains.
IT Auditor
IT Auditors ensure that an organization's computer systems are secure and this course may provide some insight into the security needs of blockchain technology.

Reading list

We've selected nine books that we think will supplement your learning. Use these to develop background knowledge, enrich your coursework, and gain a deeper understanding of the topics covered in Blockchain Security.
Provides a practical guide to blockchain technology, covering topics such as distributed ledger technology, decentralization, and smart contracts. It valuable resource for anyone who wants to learn more about blockchain technology.
Offers a hands-on approach to blockchain development, covering topics such as smart contract design and deployment.
Provides a comprehensive overview of blockchain technology and its potential applications in business. It valuable resource for anyone who wants to learn more about blockchain technology and its potential impact on business.
Provides a comprehensive overview of blockchain technology and its potential applications. It valuable resource for anyone who wants to learn more about blockchain technology and its potential impact on the world.

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