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Bicoin Anwered breaks down the scope of Bitcoin, digital currencies, and blockchain, and provides an understanding of Bitcoin from a technical, historical, and conceptual standpoint, all in a simplistic and visual-backed manner.
Buy now to get the main key insights/summary from Jon Law's Bitcoin Answered. Sample Insights from Chapter 1 Insights from Chapter 1 #1 Bitcoin: Answered is an attempt at disentangling the complicated web of information surrounding Bitcoin. Regardless of personal opinions regarding cryptocurrencies and Bitcoin, the reach of cryptocurrency is growing at such a rapid pace that not understanding its background, concepts, and feasibility is more damaging than not.
An authoritative introduction to the exciting new technologies of digital money Bitcoin and Cryptocurrency Technologies provides a comprehensive introduction to the revolutionary yet often misunderstood new technologies of digital currency. Whether you are a student, software developer, tech entrepreneur, or researcher in computer science, this authoritative and self-contained book tells you everything you need to know about the new global money for the Internet age. How do Bitcoin and its block chain actually work? How secure are your bitcoins? How anonymous are their users? Can cryptocurrencies be regulated? These are some of the many questions this book answers. It begins by tracing the history and development of Bitcoin and cryptocurrencies, and then gives the conceptual and practical foundations you need to engineer secure software that interacts with the Bitcoin network as well as to integrate ideas from Bitcoin into your own projects. Topics include decentralization, mining, the politics of Bitcoin, altcoins and the cryptocurrency ecosystem, the future of Bitcoin, and more. An essential introduction to the new technologies of digital currency Covers the history and mechanics of Bitcoin and the block chain, security, decentralization, anonymity, politics and regulation, altcoins, and much more Features an accompanying website that includes instructional videos for each chapter, homework problems, programming assignments, and lecture slides Also suitable for use with the authors' Coursera online course Electronic solutions manual (available only to professors)
What is Bitcoin and why should I care? Bitcoin has thrust itself into the marketplace - and the national consciousness. One day in the not-too-distant future we may view this digital currency and payment network as revolutionary. Just as the Internet profoundly impacted the everyday lives of people the world over, Bitcoin has the potential to change the way we think about money, economics, communication, and data. Perhaps, like most people, you're not even sure what exactly Bitcoin is - let alone how or why to use it. Bitcoin Basics answers all your questions. After reading it you'll be ready - and excited - to begin your own Bitcoin adventure. Questions include: * What is Bitcoin? * Why was Bitcoin created? * Who owns the Bitcoin network? * What are the technological and economic advantages of Bitcoin? * What is Bitcoin mining? * Can the Bitcoin network be hacked? You don't have to be an expert to use Bitcoin, but after reading this book you'll be on your way to becoming one!
By the authors of "Bitcoin: Ayn Rand was Wrong, Atlas Never Shrugged!"..If you are new to Bitcoin, you must have lots of questions in your mind. And you are looking for answers to those questions.You will not find financial advice in this book.You will not find predictions about Bitcoin’s price in this book.You will not find advices for becoming rich overnight in this book.You will not find a complicated narration that will confuse you with cool buzzwords in this book.You will find the answers to frequently asked questions about Bitcoin.And if you want to learn more you can scan QR codes.....For a better reading experience and to learn more keep close your mobile phone which has QR code reader.
Bitcoin first appeared in January 2009, the creation of a computer programmer using the pseudonym Satoshi Nakamoto. His invention is an open-source (its controlling computer code is open to public view), peer-to-peer (transactions do not require a third-party intermediary such as PayPal or Visa) digital currency (being electronic with no physical manifestation). The Bitcoin system is private, with no traditional financial institutions involved in transactions. Unlike earlier digital currencies that had some central controlling person or entity, the Bitcoin network is completely decentralized, with all parts of transactions performed by the users of the system. With a Bitcoin transaction there is no third-party intermediary. The buyer and seller interact directly (peer to peer), but their identities are encrypted and no personal information is transferred from one to the other. However, unlike a fully anonymous transaction, there is a transaction record. A full transaction record of every Bitcoin and every Bitcoin user's encrypted identity is maintained on the public ledger. For this reason, Bitcoin transactions are thought to be pseudonymous, not anonymous. Although the scale of Bitcoin use has increased substantially, it still remains small in comparison to traditional electronic payments systems, such as credit cards, and the use of dollars as a circulating currency. Congress is interested in Bitcoin because of concerns about its use in illegal money transfers, concerns about its effect on the ability of the Federal Reserve to meet its objectives (of stable prices, maximum employment, and financial stability), and concerns about the protection of consumers and investors who might use Bitcoin. Bitcoin offers users the advantages of lower transaction costs, increased privacy, and long-term protection of loss of purchasing power from inflation. However, it also has a number of disadvantages that could hinder wider use. These include sizable volatility of the price of Bitcoins, uncertain security from theft and fraud, and a long-term deflationary bias that encourages the hoarding of Bitcoins. In addition, Bitcoin raises a number of legal and regulatory concerns, including its potential for facilitating money laundering, its treatment under federal securities law, and its status in the regulation of foreign exchange trading.
Dive into Bitcoin technology with this hands-on guide from one of the leading teachers on Bitcoin and Bitcoin programming. Author Jimmy Song shows Python programmers and developers how to program a Bitcoin library from scratch. You’ll learn how to work with the basics, including the math, blocks, network, and transactions behind this popular cryptocurrency and its blockchain payment system. By the end of the book, you'll understand how this cryptocurrency works under the hood by coding all the components necessary for a Bitcoin library. Learn how to create transactions, get the data you need from peers, and send transactions over the network. Whether you’re exploring Bitcoin applications for your company or considering a new career path, this practical book will get you started. Parse, validate, and create bitcoin transactions Learn Script, the smart contract language behind Bitcoin Do exercises in each chapter to build a Bitcoin library from scratch Understand how proof-of-work secures the blockchain Program Bitcoin using Python 3 Understand how simplified payment verification and light wallets work Work with public-key cryptography and cryptographic primitives
Who is Satoshi Nakamoto? In 2009, the world of finance changed forever with the publication of a White Paper; Bitcoin: A Peer to Peer Electronic Cash System. Hard to believe, but bitcoin has been with us for a decade already. In that time, Satoshi Nakamoto, the pseudonymous author of the paper and creator of the bitcoin protocol, disappeared. In his absence, bitcoin underwent some drastic changes, resulting in hard forks in the code. Now, Craig Wright steps forward to explain why he chose to use a pseudonym, why he left, and why he returned. He outlines the issues facing bitcoin, and his plans for the future. Prepare for Satoshi's Vision: The Art of Bitcoin. Cryptocurrency will never be the same again.
Learn the ins and outs of Bitcoin so you can get started today Bitcoin For Dummies is the fast, easy way to start trading crypto currency, with clear explanations and expert advice for breaking into this exciting new market. Understanding the mechanisms and risk behind Bitcoin can be a challenge, but this book breaks it down into easy-to-understand language to give you a solid grasp of just where your money is going. You'll learn the details of Bitcoin trading, how to set up your Bitcoin wallet, and everything you need to get started right away. An in-depth discussion on security shows you how to protect yourself against some of the riskier aspects of this open-source platform, helping you reduce your risks in the market and use Bitcoin safely and effectively. Bitcoin uses peer-to-peer technology to operate with no central authority or banks, with transaction management and issuing of Bitcoins carried out collectively by the network. Bitcoin allows easy mobile payments, fast international payments, low- or no-fee transactions, multi-signature capabilities, and more, but the nuances of the market can be difficult to grasp. This informative guide lays it all out in plain English, so you can strengthen your understanding and get started now. Understand the ins and outs of the Bitcoin market Learn how to set up your Bitcoin wallet Protect yourself against fraud and theft Get started trading this exciting new currency The Bitcoin market is huge, growing quickly, and packed with potential. There's also some risk, so you need to go in fully informed and take steps to manage your risk wisely. Bitcoin For Dummies is the clear, quick, easy-to-follow guide to getting started with Bitcoin.
The first user guide - written in layman's terms - to the global, anonymous electronic currency rapidly gaining widespread credibility. This cryptocurrency combats many problems with cash and credit transactions today. Bitcoins are resistant to inflation, they allow you to make purchases during travel if your credit account has been frozen by your bank due to suspicious activity, and protects from identity theft. Bitcoin is a peer-to-peer network of anonymous people, network protocols, and computer systems that has no authority over anybody's money. With the help of the Bitcoin User Guide, you will learn how to buy and sell a Bitcoin as well as how to make a purchase with Bitcoins. This book walks you through protecting your Bitcoins and mining Bitcoins. While most online tutorials are imcomplete or too technical, this book gives you the basic information you need and can understand to this new electronic currency. This book gives you pros and cons to using Bitcoins. As a newcomer to the technology, this book will teach you how to know which mobile wallet is best for you. Whether you're using a desktop, laptop, or mobile device, you'll learn the technology, no prior knowledge assumed.