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Bitcoin is the world's first decentralized crypto-currency in circulation and available today. This book will give an overview of the history of this crypto-currency as both a concept and a product. It will also discuss the various uses of Bitcoin in today's market-driven world.
The value of Bitcoin both as a currency and for storing value is discussed in the chapters to follow. This book also talks about how you can obtain Bitcoin for yourself and maintain a wallet to store your crypto-currency safely. The book will also get into the Bitcoin Block chain, and how it helps in the maintenance of the legitimacy of the online currency.
Apart from discussing the uses of Bitcoin in everyday life and business, the final chapter of the book takes a look at the pros and cons of Bitcoin as a currency and technology. It also takes a look at how successful it will prove to be in the future, and what happens when there are no longer any Bitcoins to mine.
We hope you find this an entertaining and an informative read and thank you again for choosing this book.
Table Of Contents
Chapter 1: Basics of Bitcoin
Origin of Bitcoin
History of Bitcoin
What is a Bitcoin?
How is a Bitcoin made?
Getting familiar with using Bitcoins
Chapter 2: The Blockchain
What is Blockchain?
How does it work?
Chapter 3: Getting Started
How to get Bitcoin?
Hardware Bitcoin wallets
Chapter 4: Bitcoin and Money
What is mining?
Mining secures Bitcoins
Start your own Bitcoin Mine!
Chapter 5: Transactions with Bitcoin
How transactions work
Double spending during transactions
51 percent attack
Chapter 6: Using Bitcoin
Chapter 7: Pros and Cons
Benefits and Advantages of Bitcoin
The downside of the Bitcoin Journey
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