The Basics of Bitcoins and Blockchains

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Understand Bitcoin, Blockchains, and Cryptocurrency
“Antony helps us all clearly understand the mechanics of bitcoin and blockchain.” ―Rob Findlay, Founder, Next Money
#1 Best Seller in Investing Derivatives and Natural Resource Extraction Industry, Futures Trading, Banks & Banking, Energy & Mining, Monetary Policy, and Computers & Technology
There’s a lot written on cryptocurrency and blockchains. But, for the uninitiated, most of this information can be indecipherable. The Basics of Bitcoins and Blockchains provides a clear guide to this new currency and the revolutionary technology that powers it.
Bitcoin, Ethereum, and other cryptocurrencies. Gain an understanding of a broad spectrum of Bitcoin topics including the history of Bitcoin, the Bitcoin blockchain, and Bitcoin buying, selling, and mining. Learn how payments are made, and how to put a value on cryptocurrencies and digital tokens.
Blockchain technology. What exactly is a blockchain, how does it work, and why is it important? The Basics of Bitcoins and Blockchains answers these questions and more. Learn about notable blockchain platforms, smart contracts, and other important facets of blockchains and their function in the changing cyber-economy.
Things to know before buying cryptocurrencies. Find trustworthy and balanced insights into Bitcoin investing and investing in other cryptocurrency. Discover the risks and mitigations, learn how to identify scams, and understand cryptocurrency exchanges, digital wallets, and regulations.
Learn about:
Blockchain technology and how it worksWorkings of the cryptocurrency marketEvolution and potential impacts of Bitcoin and blockchains on global businesses

You’ve read books such as Blockchain Bubble or Revolution, Cryptoassets, Blockchain Technology Explained, Blockchain Revolution, The Bitcoin Standard, Mastering Bitcoin, or Bitcoin For Dummies, but to really understand the technology read The Basics of Bitcoins and Blockchains.

Investments & Securities Futures Business Online Trading E-Commerce Industries Computers & Information Technology Computers Blockchain Personal Finance Investing

This book is currently unavailable

443 printed pages

Original publication: 2018
Publication year: 2018
Publisher: Mango Media

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Quotes

Azizahas quoted3 years ago
Does Bitcoin, or do other cryptocurrencies, have the potential to keep value over the long term, as some people expect from gold? Possibly. According to its current protocol rules, bitcoins are created at a known rate (12.5 BTC every 10 minutes or so)—and that rate will decrease over time. So the supply of it is understood and predictable, capped to almost 21 million BTC and not subject to arbitrary creation, unlike fiat currencies
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Azizahas quoted3 years ago
Bitcoin is the very first digital asset of value that can be transferred over the internet without any specific third party having to approve the transaction or being able to deny it.
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Azizahas quoted3 years ago
Bitcoin
and Ether are two of the better-known cryptocurrencies or coins (note that the coin on the Ethereum network is called Ether, though is often misnamed in the media as ‘Ethereum’). These are assets or items of value that exist digitally, not physically, and are created by software. They have no issuer as such. No person, company, or entity backs these, and there are no terms of service or guarantees associated with them. Like physical gold, cryptocurrencies simply exist, and are created or destroyed according to the rules articulated in the code that creates and governs them.
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