Welcome to the National Cryptologic Foundation. We strive to influence the cryptologic future by sharing our educational resources, stimulating new knowledge, and commemorating our heritage. The Foundation also provides needed support for the National Cryptologic Museum (NCM).

  • ...The nation’s brightest young minds to consider careers in STEM and cyber related fields

  • ...Robust dialog with the American public on cyber policy, technology, and privacy

  • ...Those who “served in silence” with valor and distinction, especially those who gave their lives in service

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Polish mathematicians & code breakers made the first breakthroughs against Nazi Germany's Enigma code.......

CryptoCurrency: Bitcoin 101

Monday, October 25, 2021
11:00 am11:40 am
Nepris Online Classroom

What was once only an idea has exploded into world economics. In 2008, Satoshi Nakamoto published the paper, “Bitcoin: A Peer-to-Peer Electronic Cash System.” This idea was to use a combination of different protocols to allow for the secure transfer of funds. Because Bitcoin users can remain anonymous, there is no accurate way of identifying how many people actually use Bitcoin. Estimates range from 40 to 45 million different users in 2020. On average, there are ~300,000 transactions daily.

This presentation will examine the protocols used to provide the secure transfer of funds over the World Wide Web. We will see how new Bitcoins come into existence (mining), and look at the basic protocols – Peer-to-Peer transfer of data, Public Key Cryptography, Hashing, SHA-256 based Proof-of-Work scheme, etc.

Key Questions
* What is there to know about Bitcoins?
* What protocols are used to provide the secure transfer of funds over the internet?

Expected Outcomes
Students will learn about Bitcoins, their history, how funds are transferred securely over the internet, and more.

Visit the link below for the Nepris course page and to register to attend the live CyberChat. If you cannot attend, stay tuned for a link to the recording.

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About Us

The NCF's Vision is to Influence the cryptologic future by sharing our educational resources, stimulating new knowledge, and commemorating our heritage.

The Foundation provides exceptional cryptologic programs throughout the year, encourages young minds to explore cryptology and cyber education and careers,  hosts educational, cryptology-related exhibits at various community events, and honors the people— past, present, and future—whose contributions to our national security protect and make possible our way of life.

The NCF also provides needed support to the National Cryptologic Museum (NCM), the first public museum in the U.S. Intelligence Community. Located adjacent to the National Security Agency (NSA) in Maryland, the NCM houses a unique and priceless collection of artifacts that represent our Nation's history in code making and code breaking, as well as a world class library of cryptologic media. The NCF acquires the best artifacts for the Museum and supports new educational and interactive exhibits.

As part of the Foundation's partnership with NSA to build the Cyber Center for Education and Innovation - Home of the National Cryptologic Museum (CCEI-NCM), the NCF also serves as a leader in the field of cybersecurity - striving to provide the best in educational resources and programs.

The NCF has a three-part mission to Educate, Stimulate, and Commemorate. Learn more about our MISSION.