Bitcoin Association has published its 2020 annual report, detailing the progress made by the organisation in Year 2 and its goals for the future. This follows the publication of Bitcoin Association’s inaugural annual report last year and continues the organisation’s trend of providing members and the public with transparent and in-depth summaries of the regular strides it is making in growing the Bitcoin SV ecosystem.
This series of extracts explores the many initiatives Bitcoin Association has undertaken over the past year to further the development of applications and technologies on Bitcoin SV and grow the network.
Bitcoin SV is the blockchain that is most closely aligned with the vision of Bitcoin laid out in Satoshi Nakamoto’s original white paper, offering unbounded scaling, low transaction fees and a wealth of data processing functionality. Bitcoin Association is committed to empowering the world with the utility of the Bitcoin protocol and to this end, it has continued to invest heavily in education over the past year.
The Association has a multi-faceted strategy which is designed to reach and empower as many people as possible with the power of Bitcoin SV. This encompasses partnerships and work with academic institutions around the world, scholarship initiatives and the launch of Bitcoin SV Academy.
Bitcoin SV Academy was launched in December 2020 as a dedicated online education platform for Bitcoin, offering academia-quality, university-style courses and learning materials. The Academy was created with the goal of making learning about Bitcoin –the way creator Satoshi Nakamoto designed it – accessible, accurate and understandable.
All Bitcoin SV Academy courses are available online and are offered within the three following streams:
- Bitcoin Theory
- Bitcoin Development
- Bitcoin Infrastructure
Each of these streams contains a curated selection of courses at introductory, intermediate and advanced levels. The Academy’s first course, Introduction to Bitcoin Theory, was launched in December 2020, offering a detailed explanation of the Bitcoin white paper, the history of blockchain technology and the basic tenets of cryptography and distributed ledger platforms.
In early 2021, Bitcoin Association launched its Introduction to Bitcoin Development course, and additional courses will roll out on the Bitcoin SV Academy platform later this year.
Each course covers a comprehensive set of topics divided into chapters, with regular assessments throughout the course material. Those who complete Bitcoin SV Academy courses are awarded with certifications they can share on LinkedIn and Facebook.
In addition to the significant investment into the creation of Bitcoin SV Academy, Bitcoin Association also continued to work with major educational bodies internationally, furthering its goal of empowering students with the power of the original Bitcoin protocol.
In February 2021, Bitcoin Association launched the world’s first Bitcoin SV-focused massive open online course (MOOC) in partnership with Saxion University of Applied Sciences in the Netherlands. This course was in development throughout 2020 as a collaboration between Saxion University staff and academics, Bitcoin Association team members and experts from the wider Bitcoin SV ecosystem.
The course is the first of four planned MOOCs that will be produced by Saxion University in partnership with Bitcoin Association. These online courses are available to everyone free of charge and can be completed in the participants’ own time.
Bitcoin Association announced the creation of the Satoshi Nakamoto Scholarship in 2020 – a financial award to support the study and technological development of blockchain applications made possible by Bitcoin SV. The first recipient of the scholarship was Robin Kohze, a second-year human genomics PhD candidate at Cambridge University and founder of the Cambridge University Metanet Society.
Kohze was the second-place winner at Bitcoin Association’s second Hackathon and went on to found the Vaionex Corporation, an organisation that offers several blockchain-based platforms for application development and education. Bitcoin Association renewed the Satoshi Nakamoto Scholarship to Kohze for 2021 and continues to enjoy an ongoing relationship with the Cambridge University Metanet Society.
Bitcoin Association is committed to continuing to invest in education through the creation of online courses in partnership with major international universities, scholarship initiatives, and the development of material for the Bitcoin SV Academy dedicated learning platform.
To find out more about how Bitcoin Association’s drive for education and its plans and commitments for 2021, read the full Annual Report below.