In 2008, the mysterious Satoshi Nakamoto published a white paper entitled "Bitcoin: A Peer-to-Peer Electronic Cash System". After several months, the Bitcoin network was unveiled to the world. Miners began mining. Transactions were placed between individuals. Goods were purchased with Bitcoin. And the rest is history.
Bitcoin is a brave new chapter in the technological universe. The relatively unexplored oceans of blockchain are gradually being uncovered, and the benefits are clear to those with open eyes and ears. This currency has the potential to revolutionize how we think about money. Whether it's paying for a cup of coffee, buying a car, or receiving payment for a service, Bitcoin can process it all through a decentralized network with low fees.
Bitcoin is as promising as it is complex, but how is a normal user supposed to grasp the intricacies of this up-and-coming digital currency?
Bitcoin: A Beginners Guide to Bitcoin is an all-inclusive guide to the history, production, and usage of Bitcoin as a standalone currency.
What exactly is a "block"? How does one go about attaining Bitcoins? Why are hashes so important? These are questions that are not only answered, but put into the context that helps you, the listener, understand the brilliant design of Bitcoin's underlying technology: blockchain. The pages also feature useful tips for the budding investor or day trader, offer insight into storing and exchanging digital coins, and bust 20 of the most common misconceptions about Bitcoin. If you are unsure about how much you have retained after the reading, each chapter conveniently has multiple-choice questions for you to test your fundamental Bitcoin knowledge.
We've sent an email with your order details. Order ID #:
To access this title, visit your library in the app or on the desktop website.