TAKE CUSTODY

a structured curriculum designed to educate individuals on the self-custody of Bitcoin, focusing on security, privacy, and operational management:

Module 1: Introduction to Bitcoin and Self-Custody

Lesson 1.1: Bitcoin Basics

  • What is Bitcoin?

  • Blockchain technology explained.

  • Why self-custody is important ("Not your keys, not your coins").

Lesson 1.2: Fundamentals of Cryptography

  • Basics of public and private keys.

  • Understanding hash functions and digital signatures.

Module 2: Understanding Wallets

Lesson 2.1: Types of Wallets

  • Hot Wallets vs. Cold Wallets

  • Custodial vs. Non-Custodial Wallets

Lesson 2.2: Wallet Setup

    • Choosing the right wallet (software, hardware).

    • Software Wallets: Electrum, Blue Wallet, etc.

    • Hardware Wallets: Ledger, Trezor, Coldcard, etc.

  • Step-by-step guide on setting up a wallet.

Lesson 2.3: Key Management

  • Importance of seed phrases and mnemonic backups.

  • Best practices for storing seed phrases securely.

Module 3: Security Practices

Lesson 3.1: Physical Security

  • Protecting hardware wallets and backups.

  • Travel security for physical keys.

Lesson 3.2: Digital Security

  • Securing your devices: antivirus, updates, and secure browsing.

  • Two-Factor Authentication (2FA) and Multi-Factor Authentication (MFA).

Lesson 3.3: Social Engineering and Phishing

  • Recognizing and avoiding common scams.

  • Best practices for secure online interactions.

Module 4: Advanced Self-Custody Techniques

Lesson 4.1: Multi-Signature (Multisig) Wallets

  • Basics of multisig and why it adds security.

  • Setting up and managing a multisig wallet.

Lesson 4.2: Transaction Management

  • Understanding transaction fees and confirmations.

  • Timelocks and conditional transactions.

Lesson 4.3: Privacy in Bitcoin

  • CoinJoin and mixing services for privacy.

  • Avoiding address reuse.

Module 5: Practical Use and Testing

Lesson 5.1: Sending and Receiving Bitcoin

  • How to send Bitcoin securely.

  • Receiving Bitcoin with privacy considerations.

Lesson 5.2: Recovery Practices

  • Simulating loss of wallet to test recovery methods.

  • Regular backup checks.

Lesson 5.3: Node Operation

  • Basics of running a Bitcoin node for enhanced privacy and security.

  • Setup of a full node or light node.

Module 6: Legal and Ethical Considerations

Lesson 6.1: Regulatory Landscape

  • Understanding the legal status of Bitcoin in various jurisdictions.

  • Tax implications of Bitcoin ownership and transactions.

Lesson 6.2: Inheritance and Estate Planning

  • Planning for the inheritance of your Bitcoin.

  • Legal tools for ensuring access by heirs.

Module 7: Future Trends and Continuous Learning

Lesson 7.1: Emerging Technologies

  • Introduction to Lightning Network and its implications for self-custody.

  • Other layer 2 solutions.

Lesson 7.2: Staying Updated

  • Resources for staying informed about Bitcoin updates and security practices.

  • Community involvement and forums.

Hands-On Projects:

  • Project 1: Set up a hardware wallet from scratch, transfer funds, and then simulate its loss to recover the funds.

  • Project 2: Create and manage a multisig wallet with friends or family.

  • Project 3: Participate in a CoinJoin transaction to enhance privacy.

Assessment:

  • Regular quizzes on each module.

  • A comprehensive final project where learners set up a secure self-custody environment from scratch, involving all learned techniques.

Resources:

  • Books: "Mastering Bitcoin" by Andreas M. Antonopoulos

  • Online Courses: Bitcoin Academy, BitMEX Academy

  • Videos: YouTube series by BTC Sessions, Natalie Brunell

  • Forums: Reddit (r/Bitcoin), Bitcointalk

This curriculum aims to provide a comprehensive understanding of Bitcoin self-custody, blending theoretical knowledge with practical application to ensure users are well-equipped to manage their digital assets securely and independently.

 

we invite you to take custody. welcome to bitcoin sports club. please, contact us.