Description

The modern world turns on universally-accepted ideas of currency and ownership. Bitcoin, and its underlying technology, offer the potential to move control of these key institutions from change-prone governments to a secure storage system that independently records value and ownership in a distributed public ledger called "the blockchain."

 

Grokking Bitcoin opens up this powerful distributed ledger system, exploring the technology that enables applications both for Bitcoinbased financial transactions and using the blockchain for registering physical property ownership.

 

Key features

·   Jargon-free

·   Step-by-step guide

·   Real-world examples

 

Audience

This book provides a jargon-free introduction to Bitcoin for any technically interested reader. Some chapters address technical concepts that require basic knowledge of networking and programming.

About the technology

Bitcoin is an electronic cash system. It allows for people to move bitcoins, the currency of Bitcoin, between each other without using a bank or any other trusted third party.

SummaryIf you think Bitcoin is just an alternative currency for geeks, it''s time to think again. Grokking Bitcoin opens up this powerful distributed ledger system, exploring the technology that enables applications both for Bitcoin-based financial transactions and using the blockchain for registering physical property ownership. With this fully illustrated, easy-to-read guide, you''ll finally understand how Bitcoin works, how you can use it, and why you can trust the blockchain.Foreword by David A. Harding, Contributor to Bitcoin documentation.Purchase of the print book includes a free eBook in PDF, Kindle, and ePub formats from Manning Publications.About the TechnologyInflation, depressed economies, debased currencies ... these are just a few of the problems centralized banking has caused throughout history. Bitcoin, a digital currency created with the ambition to shift control away from change-prone governments, has the potential to bring an end to those problems once and for all. It''s time to find out how it can help you.About the BookGrokking Bitcoin explains why Bitcoin''s supporters trust it so deeply, and why you can too. This approachable book will introduce you to Bitcoin''s groundbreaking technology, which is the key to this world-changing system. This illustrated, easy-to-read guide prepares you for a new way of thinking with easy-to-follow diagrams and exercises. You''ll discover how Bitcoin mining works, how to accept Bitcoin, how to participate in the Bitcoin network, and how to set up a digital wallet.What''s insideBitcoin transactionsThe blockchainBitcoin miningBitcoin walletsAbout the ReaderIntended for anyone interested in learning about Bitcoin technology. While a basic understanding of technical concepts is beneficial, no programming skills are necessary.About the AuthorKalle Rosenbaum is a computer scientist, an avid Bitcoin supporter, and the founder of Propeller, a Bitcoin consultancy.Table of ContentsIntroduction to BitcoinCryptographic hash functions and digital signaturesAddressesWalletsTransactionsThe blockchainProof of workPeer-to-peer networkTransactions revisitedSegregated witnessBitcoin upgrades

Bitcoin Development Philosophy is a comprehensive guide aimed at developers who have a foundational understanding of Bitcoin concepts and processes such as Proof-of-Work, block building, and the transaction life cycle. This book delves into the intricacies of Bitcoin''s design trade-offs and philosophy, offering insights and context that help developers absorb over a decade of development lessons and debates.The book is organized into several chapters, each focusing on pivotal topics within Bitcoin, such as decentralization, trustlessness, privacy, finite supply, and scaling, among others. Every chapter is enriched with links and QR codes leading to recommended articles or videos, written by seasoned Bitcoin developers. It not only provides practical insights but also encourages independent exploration and critical thinking about contradictory ideas prevalent in the Bitcoin community.

Description

The modern world turns on universally-accepted ideas of currency and ownership. Bitcoin, and its underlying technology, offer the potential to move control of these key institutions from change-prone governments to a secure storage system that independently records value and ownership in a distributed public ledger called "the blockchain."

 

Grokking Bitcoin opens up this powerful distributed ledger system, exploring the technology that enables applications both for Bitcoinbased financial transactions and using the blockchain for registering physical property ownership.

 

Key features

·   Jargon-free

·   Step-by-step guide

·   Real-world examples

 

Audience

This book provides a jargon-free introduction to Bitcoin for any technically interested reader. Some chapters address technical concepts that require basic knowledge of networking and programming.

About the technology

Bitcoin is an electronic cash system. It allows for people to move bitcoins, the currency of Bitcoin, between each other without using a bank or any other trusted third party.

SummaryIf you think Bitcoin is just an alternative currency for geeks, it''s time to think again. Grokking Bitcoin opens up this powerful distributed ledger system, exploring the technology that enables applications both for Bitcoin-based financial transactions and using the blockchain for registering physical property ownership. With this fully illustrated, easy-to-read guide, you''ll finally understand how Bitcoin works, how you can use it, and why you can trust the blockchain.Foreword by David A. Harding, Contributor to Bitcoin documentation.Purchase of the print book includes a free eBook in PDF, Kindle, and ePub formats from Manning Publications.About the TechnologyInflation, depressed economies, debased currencies ... these are just a few of the problems centralized banking has caused throughout history. Bitcoin, a digital currency created with the ambition to shift control away from change-prone governments, has the potential to bring an end to those problems once and for all. It''s time to find out how it can help you.About the BookGrokking Bitcoin explains why Bitcoin''s supporters trust it so deeply, and why you can too. This approachable book will introduce you to Bitcoin''s groundbreaking technology, which is the key to this world-changing system. This illustrated, easy-to-read guide prepares you for a new way of thinking with easy-to-follow diagrams and exercises. You''ll discover how Bitcoin mining works, how to accept Bitcoin, how to participate in the Bitcoin network, and how to set up a digital wallet.What''s insideBitcoin transactionsThe blockchainBitcoin miningBitcoin walletsAbout the ReaderIntended for anyone interested in learning about Bitcoin technology. While a basic understanding of technical concepts is beneficial, no programming skills are necessary.About the AuthorKalle Rosenbaum is a computer scientist, an avid Bitcoin supporter, and the founder of Propeller, a Bitcoin consultancy.Table of ContentsIntroduction to BitcoinCryptographic hash functions and digital signaturesAddressesWalletsTransactionsThe blockchainProof of workPeer-to-peer networkTransactions revisitedSegregated witnessBitcoin upgrades

Bitcoin Development Philosophy is a comprehensive guide aimed at developers who have a foundational understanding of Bitcoin concepts and processes such as Proof-of-Work, block building, and the transaction life cycle. This book delves into the intricacies of Bitcoin''s design trade-offs and philosophy, offering insights and context that help developers absorb over a decade of development lessons and debates.The book is organized into several chapters, each focusing on pivotal topics within Bitcoin, such as decentralization, trustlessness, privacy, finite supply, and scaling, among others. Every chapter is enriched with links and QR codes leading to recommended articles or videos, written by seasoned Bitcoin developers. It not only provides practical insights but also encourages independent exploration and critical thinking about contradictory ideas prevalent in the Bitcoin community.