Blockchain the Crypto Revolution Discover the Fantastic World of Cryptocurrencies and Blockchain with the Best Guide for Beginners to Investing and Understanding the new Global age of Finance

By BIANCONI PUBLISHER LTD BIANCONI PUBLISHER LTD and Nathan Harrison

• Do you want to surf the cryptocurrency wave?
• Have you heard about bitcoin and blockchain, but have no idea how it actually works?
• Have you ever wanted to get into the crypto investing world?
• Have you wondered where to go or how to get started with using a digital currency to invest?

If this is what you're looking for, this is the book that can help you!

 

Blockchain technology is powering our future. As the technology behind cryptocurrencies like bitcoin and Facebook's Libra, open software platforms like Ethereum, and disruptive companies like Ripple, it's too important to ignore.

 

Blockchain is the ingeniously simple, revolution­ary protocol that allows transactions to be simultaneously anonymous and secure by maintaining a tamperproof public ledger of value. Though it's best known as the technology that drives bitcoin and other digital cur­rencies, it also has the potential to go far beyond currency, to record virtually everything of value to humankind, from birth and death certifi­cates to insurance claims, land titles, and even votes.

 

The blockchain can be used for the secure exchange of things like cash, property, contracts, and so forth without requiring a third-party intermediary like a bank or government. If a piece of information is recorded inside a blockchain, it is exceptionally hard to change it.

 

This book is just for you if you want to know how to enter this lucrative world with a trusted guide to success. You will discover how the nature of this market works, who its creators are, and how you can participate in one of the most powerful digital networks on Earth.

 

Going through these pages you will learn:

• Blockchain fundamentals: from origins to the modern computing stack
• The technology behind blockchain
• Major scenarios for blockchain and cryptocurrencies
• The safest platforms to make the investments with the greatest potential
• How to master Bitcoin and crypto-assets
• How Ethereum works and how it will change the world
• The strengths and weaknesses of the top altcoins
• The main mistakes to avoid as an investor in cryptos
• How to protect your cryptocurrencies
• The future of blockchain and cryptocurrencies

And these are only a few of the topics...

 

Cryptocurrencies still have a long wау to gо untіl they are broadly ассерtеd as a nеw mоnеtаrу аѕѕеt. Hоwеvеr, now іѕ the tіmе tо сhаllеngе оur сurrеnt understanding оf money and the fіnаnсіаl systems thаt run on tор with the framework оf decentralized currency еnаblеd by Bitcoin and cryptos.

Do you want to miss this opportunity?

I hope you don't.

If so the only step missing is your action!

 

WHAT ARE YOU WAITING FOR?

CLICK THE BUY NOW BUTTON!!!

• Language: English
• Publisher: Nathan Harrison
• Release date: Nov 30, 2023
• ISBN: 9798223938668

Book preview

BLOCKCHAIN

The Crypto Revolution

Discover the Fantastic World of Cryptocurrencies and Blockchain With the Best Guide for Beginners to Investing and Understanding the new Global age of Finance

NATHAN HARRISON

bng-books.com

Acknowledgment

I want to thank you for buying my book and for trusting me, sincerely... Thanks!

I hope you enjoy my work and help you to always look forward!

Happy Trading !!

Again… Thank you!

Nathan Harrison

Click to see all my books

bng-books.com

© Copyright 2021 by Nathan Harrison

All rights reserved.

This document is geared towards providing exact and reliable information with regard to the topic and issue covered. The publication is sold with the idea that the publisher is not required to render accounting, officially permitted, or otherwise, qualified services. If advice is necessary, legal or professional, a practiced individual in the profession should be ordered.

- From a Declaration of Principles which was accepted and approved equally by a Committee of the American Bar Association and a Committee of Publishers and Associations.

In no way is it legal to reproduce, duplicate, or transmit any part of this document in either electronic means or in printed format. Recording of this publication is strictly prohibited and any storage of this document is not allowed unless with written permission from the publisher. All rights reserved.

The information provided herein is stated to be truthful and consistent, in that any liability, in terms of inattention or otherwise, by any usage or abuse of any policies, processes, or directions contained within is the solitary and utter responsibility of the recipient reader. Under no circumstances will any legal responsibility or blame be held against the publisher for any reparation, damages, or monetary loss due to the information herein, either directly or indirectly.

Respective authors own all copyrights not held by the publisher.

The information herein is offered for informational purposes solely and is universal as so. The presentation of the information is without a contract or any type of guarantee assurance.

The trademarks that are used are without any consent, and the publication of the trademark is without permission or backing by the trademark owner. All trademarks and brands within this book are for clarifying purposes only and are owned by the owners themselves, not affiliated with this document.

TABLE OF CONTENTS

Introduction

CHAPTER 1

BLOCKCHAIN

The Importance of Unique Digital Assets

Definitions of Blockchain

CHAPTER 2

HISTORY OF BLOCKCHAIN

Satoshi Nakamoto

Who Is Satoshi Nakamoto Really?

A Look at the History of Blockchain

The Mathematical Problem of the Byzantine Generals

CHAPTER 3

THE IMPORTANCE OF THE BLOCKCHAIN

How Blockchain Works: an Example

What Is a Distributed Database?

CHAPTER 4

DISTRIBUTED LEDGER TECHNOLOGY - DLT

How Old Ledgers Work

The Basis of the Central Ledger Is All About Trust in a Central Body

Big Change Comes With the Blockchain

Ledger Belongs to Everyone

The Great Ledger of the Blockchain

The Role of the Miners

Immutability of the Blockchain

DLT: Centrality Lies in the Consensus Rule

CHAPTER 5

BLOCKCHAIN SECURITY

What Is a Time Stamp?

What Is the Distributed Consensus?

The Heart of the Blockchain

Tokens: What They Are and How They Work

Different Types of Tokens

Tokenization

CHAPTER 6

OPERATING LOGICS OF THE BLOCKCHAIN

Main Features of the Blockchain

Permissionless or Permissioned Ledger

Fundamental Elements for the Implementation of Private or Permissioned Blockchains

Fork

Smart Contract and Blockchain

BITCOIN

What Are Bitcoins and How They Work

The Relationship Between Blockchain and Bitcoin

Not Just Bitcoin: the Application Areas of the Blockchain

CHAPTER 8

ETHEREUM

Ether: Ethereum's Trading Currency

Ethereum Foundation

Ethereum Classic

Ethereum VS Ethereum Classic

Ethereum 2.0

CHAPTER 9

CRYPTOCURRENCY: WHO WILL BE THE NEXT BITCOIN

CHAPTER 10

ICO

ICO Blockchain

What Exactly Is an Initial Coin Offering?

The Substantial Difference Between ICO and IPO

CHAPTER 11

BLOCKCHAIN AND GDPR

GDPR Legislation in Summary

Blockchain, GDPR and Legislative Issues

CHAPTER 12

GOVERNANCE OF THE BLOCKCHAIN

Corporate Governance and Blockchain

Distributed Blockchain and Database

Decentralized Distributed Database: Governance

Blockchain and Reality: Be Careful About Expectations

Where Are We in the Development of the Blockchain on the Market?

Introduction

Twelve years after its birth, blockchain today represents a paradigm and an innovation platform that allows us to give new answers to the many and diverse needs of businesses, organizations, citizens and consumers. If for several years the knowledge and attention towards the blockchain has been mainly limited to the world of developers or in other respects to those who had immediately glimpsed its potential from a financial point of view, in the last year there has been an important leap in quality in terms of dissemination of knowledge and expectations. The blockchain, as it happened for the Internet, is gradually entering our lives, often indirectly, in many cases only as a possible solution to platforms that solve in an innovative way our needs or the needs of the companies in which we work, or of Public Administrations that provide the services we use. Whatever the way in which we come into contact with the blockchain, it seems increasingly important to know it, to be aware of its prospects and its potential.

In particular, unlike other technological innovations, the blockchain refers to some apparently very different and distant themes and concepts, which we do not normally associate with digital innovation: trust, responsibility, community, decentralization. In addition, alongside these, there are others that have a strong relationship with technology, but which in turn are not usual as the themes of transparency, immutability, sharing and competition in achieving a result. The secret of so much interest and expectations is certainly also to be found in the originality of the ingredients that make up the blockchain or that come with the blockchain.

CHAPTER 1

BLOCKCHAIN

It is difficult to classify the blockchain in a single definition. The blockchain can be read and presented from different points of view and from different perspectives. In this book we will see different ones. The following is a first definition that relates to the technology family in which this technology is placed.

The blockchain is a subfamily of technologies in which the register is structured as a chain of blocks containing transactions and whose validation is entrusted to a consensus mechanism, distributed on all nodes of the network in the case of permissionless or public blockchains, or on all nodes that are authorized to participate in the transaction validation process to be included in the register in the case of permissioned or private blockchains.

The main characteristics of blockchain technologies are the immutability of the register, transparency, traceability of transactions and security based on cryptographic techniques.

The blockchain is based on a network and from the point of view of functionality it allows to manage a database in a distributed way. From an operational point of view, it is an alternative to centralized archives and allows you to manage the updating of data with the collaboration of network participants and with the possibility of having shared, accessible, distributed data among all participants. In fact, it should be repeated, it allows data management in terms of verification and authorization without the need for a central authority.

In trying to understand what the blockchain is, in many cases we will rely on the definitions that are proposed, trying to qualify them. For some, blockchain is the next generation of the internet, or better yet, the New Internet. It is believed that it may represent a kind of Internet of Transactions. These definitions tend to combine the blockchain with the Internet of individuals, or the Internet of the people we use and frequent every day, which in turn has extended to the Internet of Things to create and represent the Internet of Value on the basis of seven features: decentralization, transparency, safety, immutability, consent, responsibility and programmability.

Starting from these principles, the blockchain has become the digital declination of a new concept of trust to the point that some believe that the blockchain can also take on a value for certain aspects of a social and political type. In this case, the blockchain is to be seen as a platform that allows the development and realization of a new form of social relationship, which thanks to the participation of all is able to guarantee everyone the possibility of verifying, of controlling, of having total transparency on the acts and decisions, which are recorded in archives that have the characteristic of being unalterable, unchangeable and therefore immune from corruption.

For a certain period, the blockchain was identified with the Bitcoin blockchain, that is, with the first blockchain (which is identified with a capital B).