Lesson 2: Digital Money & Assets – Cryptocurrencies, Tokens & Wallets gives you practical knowledge about digital value and, most importantly, how to keep it secure.
You will master the critical distinction between native cryptocurrencies (coins like Ether that are built into the blockchain and required for transaction fees) and programmable tokens (assets like stablecoins and NFTs created by smart contracts). You will explore the double-spending problem—how blockchain prevents the same digital currency from being spent twice—and dive into public and private keys, understanding that your public address can be shared freely while your private key or seed phrase must never be revealed to anyone.
You will learn how transaction signing proves ownership without exposing your secret, and compare hot wallets (convenient but vulnerable) against cold wallets (secure but less convenient) to make informed security choices. Through a key pair simulation and a wallet safety role play, you will complete a reflection journal titled "Securing My Assets," outlining a personal three-step security plan and explaining the distinction between an Ethereum native coin and an ERC-20 token.
Cryptocurrency (native coins) vs. programmable tokens.pptx by Jovan Karamachoski
Quick Class Activity: Coin or Token?
You have to decide: Native Coin or Programmable Token?
Public keys & private keys - the digital vault.pptx by Jovan Karamachoski
Generate Your Own Key Pair
Use the tool provided by Ian Coleman found on the following link: https://iancoleman.io/bip39/
Transaction signing.pptx by Jovan Karamachoski
Hot wallets vs. cold wallets.pptx by Jovan Karamachoski
Time: 15 minutes
Split into pairs. Each pair receives one scenario. Write the tips in the input text area.
Scenario A (Hot Wallet – Youth Organization):
"Your youth club receives small daily donations ($50-500) for a weekend food program. You need to pay suppliers quickly. You choose a hot wallet on a shared phone. List 5 specific security tips for this situation."
Scenario B (Cold Wallet – Artist):
"A digital artist has created 5 high-value NFTs worth $50,000 total. They won't sell for 2 years. They choose a cold wallet (hardware). List 5 specific security tips for long-term storage."
Share-out: Each pair shares ONE tip. We'll compile a class "Wallet Safety Guide."
Title: Securing My Assets
Length: 300 words (approximately 2-3 paragraphs)
Optional, self-check quiz to test your understanding (Not Graded)
Explore a Real Transaction