The Basics of Bitcoins and Blockchains is a book that provides a clear guide to this new currency and the revolutionary technology that powers it. It covers topics such as the history of Bitcoin, the Bitcoin blockchain, and Bitcoin buying, selling, and mining, as well as blockchain technology and how it works. It also provides insights into Bitcoin investing and investing in other cryptocurrencies, as well as the risks and mitigations, and how to identify scams.

Format: Hardback
Length: 408 pages
Publication date: 15 September 2018
Publisher: Mango Media

“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 Theres 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 works Workings of the cryptocurrency market Evolution and potential impacts of Bitcoin and blockchains on global businesses Youve read books such as  Blockchain Bubble or Revolution ,  Cryptoassets ,  Blockchain Tech.

Understanding Bitcoin, Blockchains, and Cryptocurrency

The world of cryptocurrency and blockchains is a complex and ever-evolving landscape, filled with jargon and technical terms that can be difficult to understand for those who are new to the field. However, with the help of experts like Antony, we can gain a clear understanding of the mechanics of these revolutionary technologies.

Bitcoin, the first and most well-known cryptocurrency, is a digital currency that operates on a decentralized blockchain network. The blockchain is a secure and transparent ledger that records all transactions and ensures that no single entity can manipulate or fraudulently alter the data. This technology has the potential to revolutionize the way we conduct financial transactions and exchange value.

One of the key features of Bitcoin and blockchain is their decentralized nature. Unlike traditional financial systems, which are controlled by centralized authorities, such as banks and governments, Bitcoin and blockchain operate on a peer-to-peer network. This means that transactions are conducted directly between two parties without the need for a third-party intermediary, such as a bank or credit card company. This reduces the risk of fraud and corruption and increases the security of transactions.

Another important aspect of Bitcoin and blockchain is their transparency. The blockchain is a public ledger that anyone can view, and all transactions are recorded in a tamper-proof manner. This transparency ensures that all parties involved in a transaction can trust the information being shared, and it also helps to prevent fraud and corruption.

In addition to Bitcoin, there are many other cryptocurrencies that operate on the blockchain network. Ethereum, for example, is a platform that allows developers to create decentralized applications (dApps) that run on the blockchain. These dApps can range from simple games to complex financial systems, and they have the potential to transform the way we interact with the internet and with each other.

Blockchain technology is not just limited to cryptocurrencies, however. It has a wide range of applications in various industries, including finance, healthcare, supply chain management, and more. Blockchain can increase efficiency, reduce costs, and increase transparency in these industries by providing a secure and decentralized platform for storing and exchanging data.

One of the key benefits of blockchain technology is its ability to create smart contracts. Smart contracts are self-executing contracts that are written on the blockchain and enforce the terms of the agreement between two parties. This eliminates the need for intermediaries and reduces the risk of fraud and corruption. Smart contracts can also automate many of the processes that are currently performed by humans, such as contract negotiation and dispute resolution.

However, it is important to note that blockchain technology is not without its challenges. One of the biggest challenges is scalability. As more and more transactions are conducted on the blockchain, the network can become slow and inefficient, making it difficult for users to transact. This is a problem that is being addressed by developers and researchers, who are working to improve the scalability of blockchain networks.

Another challenge is regulation. As cryptocurrencies and blockchain technology become more popular, governments around the world are taking steps

Understanding Bitcoin, Blockchains, and Cryptocurrency

The world of cryptocurrency and blockchains is a complex and ever-evolving landscape, filled with jargon and technical terms that can be difficult to understand for those who are new to the field. However, with the help of experts like Antony, we can gain a clear understanding of the mechanics of these revolutionary technologies.

Bitcoin, the first and most well-known cryptocurrency, is a digital currency that operates on a decentralized blockchain network. The blockchain is a secure and transparent ledger that records all transactions and ensures that no single entity can manipulate or fraudulently alter the data. This technology has the potential to revolutionize the way we conduct financial transactions and exchange value.

One of the key features of Bitcoin and blockchain is their decentralized nature. Unlike traditional financial systems, which are controlled by centralized, such as banks and governments, Bitcoin and blockchain operate on a peer-to-peer network. This means that transactions are conducted directly between two parties without the need for a third-party intermediary, such as a bank or credit card company. This reduces the risk of fraud and corruption and increases the security of transactions.

Another important aspect of Bitcoin and blockchain is their transparency. The blockchain is a public ledger that anyone can view, and all transactions are recorded in a tamper-proof manner. This transparency ensures that all parties involved in a transaction can trust the information being shared, and it also helps to prevent fraud and corruption.

In addition to Bitcoin, there are many other cryptocurrencies that operate on the blockchain network. Ethereum, for example, is a platform that allows developers to create decentralized applications (dApps) that run on the blockchain. These dApps can range from simple games to complex financial systems, and they have the potential to transform the way we interact with the internet and with each other.

Blockchain technology is not just limited to cryptocurrencies, however. It has a wide range of applications in various industries, including finance, healthcare, supply chain management, and more. Blockchain can increase efficiency, reduce costs, and increase transparency in these industries by providing a secure and decentralized platform for storing and exchanging data.

One of the key benefits of blockchain technology is its ability to create smart contracts. Smart contracts are self-executing contracts that are written on the blockchain and enforce the terms of the agreement between two parties. This eliminates the need for intermediaries and reduces the risk of fraud and corruption. Smart contracts can also automate many of the processes that are currently performed by humans, such as contract negotiation and dispute resolution.

However, it is important to note that blockchain technology is not without its challenges. One of the biggest challenges is scalability. As more and more transactions are conducted on the blockchain, the network can become slow and inefficient, making it difficult for users to transact. This is a problem that is being addressed by developers and researchers, who are working to improve the scalability of blockchain networks.

Another challenge is regulation. As cryptocurrencies and blockchain technology become more popular, governments around the world are taking steps. Some governments have embraced cryptocurrencies and blockchain technology, while others have taken a more cautious approach. Regulation is important to ensure that the use of cryptocurrencies and blockchain technology is safe and secure, and that consumers are protected from fraud and scams.

In conclusion, understanding Bitcoin, blockchains, and cryptocurrency is essential for anyone who wants to stay informed about the latest developments in the digital world. With the help of experts like Antony, we can gain a clear understanding of the mechanics of these revolutionary technologies and their potential to transform the way we conduct financial transactions and exchange value. However, it is important to approach these topics with caution and to seek professional advice before making any investment decisions.

Weight: 566g
Dimension: 221 x 152 x 33 (mm)
ISBN-13: 9781633538009