Blockchain Basics Explained

Have you heard about Cryptocurrency or Blockchain Technology, but you are still vague about what they are and how they work? Then this book is for you! Blockchain Technology is the most significant innovation since the internet and it is about to take the world by storm. Blockchains will completely change the way that our Governments, Financial Institutions, and Health and Business Systems across the globe process transactions and exchange information. This revolutionary new technology is a multi-purpose tool which can be used in countless applications and will soon impact upon every single one of us from all walks of life. Blockchain Basics Explained provides concise information on all aspects of Blockchains, Wallets, Mining, Smart Contracts and ICO's. In addition, this book will provide practical guidance and instruction on working with blockchains and how to buy, store and invest in cryptocurrencies including Bitcoin, Ethereum, Litecoin and Ripple. You will also discover how to spot and avoid scams. Unlike other books on these subjects, no fancy formulas or technical jargon is used, and no previous experience of any of the topics is required. Inside you will learn the answers to; Are Cryptocurrencies a sound investment? What is a Block and how is it made? How do Blockchain components interact? What problems does Blockchain solve? What started the Blockchain Revolution? Why are current Financial Services disrupted? Could Blockchain Technology replace our institutions altogether? What are the main Blockchain pros and cons? What is the truth behind Blockchain myths? What are the Blockchain main application scenarios? Why is Ethereum relevant? What is the Bitcoin story? How secure are your Bitcoins? What is Litecoin and how can it be used? What are the alternative Blockchains? Smart Contracts explained. What are they and are they legally binding? How does mining work and is it necessary? Where does Ripple come into this? What is ICO and how does it work? What are Wallets and what function do they have? How can you Invest and make money with Cryptocurrency and Blockchain right now? How to spot and avoid scams. What is the future of Blockchain? What are the main Blockchain Technology terms? What are the benefits of the de-centralised Blockchain Technology? And much more! Don't get left behind. Scroll to the top and pick up your copy of Blockchain Basics Explained today! You Don't need a Kindle to read this eBook. You can easily download it and read on your PC, Mac, Smart Phone, Tablet, iPad or Kindle device. Related: Satoshi Nakamoto, Cryptographic hash, timestamp, OmiseGO, distributed ledger, protocol, Decentralized, transaction processing, NEO, double-spending, Stellar, records management, merkle trees hard fork, node, investment, permissionless, permissioned private blockchain, metadata, automated data interchange, the big four, trading bitcoins, private blockchain, Cardano, Ox, Waves, public blockchain, consortium blockchain, blockchain technology, what is blockchain, how is blockchain used, the blockchain, what is cryptocurrency, blockchain books, how blockchain works, blockchain wallet, economics, ICO, Bitcoin, cryptocurrency, digital assets, peer to peer, the future of money, the blockchain revolution, invest with cryptocurrency, blockchain problems, blockchain uses, blockchain applications, blockchain myths, financial services disrupted, master Bitcoin, Ethereum Litecoin, Ripple, Wallets, Mining, IOTA, Internet of things

In 25 concise steps, you will learn the basics of blockchain technology. No mathematical formulas, program code, or computer science jargon are used. No previous knowledge in computer science, mathematics, programming, or cryptography is required. Terminology is explained through pictures, analogies, and metaphors. This book bridges the gap that exists between purely technical books about the blockchain and purely business-focused books. It does so by explaining both the technical concepts that make up the blockchain and their role in business-relevant applications. What You'll Learn What the blockchain is Why it is needed and what problem it solves Why there is so much excitement about the blockchain and its potential Major components and their purpose How various components of the blockchain work and interact Limitations, why they exist, and what has been done to overcome them Major application scenarios Who This Book Is For Everyone who wants to get a general idea of what blockchain technology is, how it works, and how it will potentially change the financial system as we know it

This book will help you understand the blockchain technology, grasp the intricacies of Bitcoin as an up-and-coming digital currency and show you how to make it a profitable part of your investment portfolio. Topics you can expect to see in this book include: What is Bitcoin? Who is Satoshi Nakamoto? Why are hackers using bitcoin? What is mining and why do we need it? What are the dangers of mining bitcoin? What are the challenges facing bitcoin? How is bitcoin different from other currencies? What are the top bitcoin exchanges around? How can I choose a bitcoin wallet? What factors influence the price of bitcoin? What bitcoin investment strategies can I use to make money? What risks are inherent in bitcoin and what can I do to minimize them? What is the future of bitcoin's price? Is bitcoin the right investment for me? What is the blockchain and what problem does it solve Who is using the blockchain technology today? What regulatory hurdles might slow blockchain adoption? ...and much, much more! ★★BONUS★★: Amazon will make the kindle version of this book available to you for free when you purchase the paperback version today (Offer is only available to Amazon US Customers) If you're ready to tackle the above questions, I'm ready, scroll to the top of this page, click the "Buy Now" button and lets get started!

"Finally! Discover What Blockchain is and the Secrets Behind Blockchain Technology"Unlock the Secrets to Blockchain Technology with This Ultimate Guide to Blockchain and The Future of the Internet. In the last decade, the buzz around cryptocurrency has become fever pitched. More and more people are looking to invest in Bitcoin and other cryptocurrencies, in hopes of making it rich. While the buzz and hype surrounding cryptocurrency doesn't seem like it is going to die down anytime soon, the underlying foundation of Bitcoin, is starting to take center stage. As more and more information emerges about blockchain, the technology that Bitcoin runs on, the more questions people have about blockchain technology.The Most Common Questions Asked About Blockchain. Here are some of the most common questions that people have regarding blockchain technology and how it could impact them. What is blockchain? What is a private blockchain? What is a smart contract? How is blockchain related to Bitcoin and Ethereum? Can I use blockchain technology? What does blockchain have to do with Bitcoin? What is mining in regards to blockchain technology? What makes blockchain so secure and how does this relate to me? How is blockchain going to change the world? If you're like a majority of the population, you've probably asked these questions and more about blockchain technology and the hype surrounding the emerging technology. The key to fully understanding blockchain technology and deciding if it is something that you should invest in, is diving in and doing the research. Fortunately, this book will discuss what blockchain technology is and how it can be used in various industries. You'll learn blockchain basics and see how it is changing the face and future of the Internet.

Make Smart Investments by Understanding the Currencies of the Future Inside Beginners Guide to Blockchain Technology, you’ll discover a comprehensive introduction to the cryptocurrency revolution. From Initial Coin Offerings (ICOs) to blockchain-based applications, the new online marketplace requires new knowledge and skills. With this guide, you can take simple steps toward cryptocurrency savvy. You’ll find simple and actionable definitions for common blockchain terms and concepts. This book includes simple, easy-to-understand descriptions of the inner workings of the currencies of tomorrow. You’ll discover: The Fundamentals of Blockchain Technology The Underlying Mechanisms of Blockchain Transactions Why Shared Distributed Ledgers Create New Opportunities The Function of Nodes in Cryptocurrency Networks The Process of Joining a Blockchain System How Blockchain Consensus Stabilizes Cryptocurrencies Before you make an investment decision about blockchain currencies, you need to know the facts. Educate yourself about distributed ledger technology, permissions, and transaction validation. Use this book to wrap your head around mathematical algorithms like Proof of Work, Proof of Stake, Proof of Burn, Multi-Signatures, and Practical Byzantine Fault Tolerance. You’ll even learn about blockchain forks – and how currency systems identify and resolve them. With this book, you can learn the ins and outs of blockchain functionality before making your cryptocurrency investing decisions. Don’t miss out on this valuable opportunity to make the most of the blockchain financial revolution. Get your copy of Beginners Guide to Blockchain Technology today! It’s fast and easy to order – Simple scroll up and click the BUY NOW WITH ONE CLICK button on the right-hand side of your screen.

"I'll walk you through the essentials of how Blockchain technology works, using simple explanations and giving examples along the way. I've introduced many people to blockchain, so I know where beginners usually get confused and the main questions they have. All of the basic principles are addressed step-by-step in this book." -- Provided by publisher.

Develop a deeper understanding of what's under the hood of blockchain with this technical reference guide on one of the most disruptive modern technologies Key Features Updated with four new chapters on consensus algorithms, Ethereum 2.0, tokenization, and enterprise blockchains Learn about key elements of blockchain theory such as decentralization, cryptography, and consensus protocols Get to grips with Solidity, Web3, cryptocurrencies, smart contract development and solve scalability, security and privacy issues Discover the architecture of different distributed ledger platforms including Ethereum, Bitcoin, Hyperledger Fabric, Hyperledger Sawtooth, Corda and Quorum Book Description Blockchain is the backbone of cryptocurrencies, with applications in finance, government, media, and other industries. With a legacy of providing technologists with executable insights, this new edition of Mastering Blockchain is thoroughly revised and updated to the latest blockchain research with four new chapters on consensus algorithms, Serenity (the update that will introduce Ethereum 2.0), tokenization, and enterprise blockchains. This book covers the basics, including blockchain's technical underpinnings, cryptography and consensus protocols. It also provides you with expert knowledge on decentralization, decentralized application development on Ethereum, Bitcoin, alternative coins, smart contracts, alternative blockchains, and Hyperledger. Further, you will explore blockchain solutions beyond cryptocurrencies such as the Internet of Things with blockchain, enterprise blockchains, tokenization using blockchain, and consider the future scope of this fascinating and disruptive technology. By the end of this book, you will have gained a thorough comprehension of the various facets of blockchain and understand their potential in diverse real-world scenarios. What you will learn Grasp the mechanisms behind Bitcoin, Ethereum, and alternative cryptocurrencies Understand cryptography and its usage in blockchain Understand the theoretical foundations of smart contracts Develop decentralized applications using Solidity, Remix, Truffle, Ganache and Drizzle Identify and examine applications of blockchain beyond cryptocurrencies Understand the architecture and development of Ethereum 2.0 Explore research topics and the future scope of blockchain Who this book is for If you are a technologist, business executive, a student or an enthusiast who wishes to explore the fascinating world of blockchain technology, smart contracts, decentralized applications and distributed systems then this book is for you. Basic familiarity with a beginner-level command of a programming language would be a plus.

Are you confused by the blockchain? Do you know what it is and how it works? Do you want to know how it can change the world? Then, you’ve chosen the right book. Blockchain technology is not new. In fact, it was introduced in 2009 with the Bitcoin cryptocurrency, but since then, things have moved on at a significant pace. These days, many industries are developing their own blockchain-based solutions, looking to replace their existing database and record-keeping systems with one that works faster and is far more secure. In this book, you will learn: • What blockchain is • How blockchain works – a brief overview and a more technical look • The history of blockchain technology and Bitcoin • The advantages and disadvantages of blockchain technology • How blockchain works with the financial industry • How it works with other industries • What Ethereum is • How decentralized apps and smart contracts work • What the proof-of-work concept is and how it works • The current and future use cases for the blockchain • What Ripple and the R3 consortium are • And much more The blockchain has already changed the world in so many ways, and most of us aren’t even aware that the systems we’ve used every day have changed. Not every blockchain is decentralized; some still have a centralized intermediary. Not every blockchain is open-source. Banks, governments, and financial institutions are all maintaining control but in a more open, secure way that is far less open to fraud than previous financial transaction systems.