Discover Bitcoin, the cryptocurrency that has the finance world
buzzing
Bitcoin is arguably one of the biggest developments in finance
since the advent of fiat currency. With Understanding
Bitcoin, expert author Pedro Franco provides finance
professionals with a complete technical guide and resource to the
cryptography, engineering and economic development of Bitcoin and
other cryptocurrencies. This comprehensive, yet accessible work
fully explores the supporting economic realities and technological
advances of Bitcoin, and presents positive and negative arguments
from various economic schools regarding its continued
viability.
This authoritative text provides a step-by-step description of
how Bitcoin works, starting with public key cryptography and moving
on to explain transaction processing, the blockchain and mining
technologies. This vital resource reviews Bitcoin from the broader
perspective of digital currencies and explores historical attempts
at cryptographic currencies. Bitcoin is, after all, not just a
digital currency; it's a modern approach to the secure transfer of
value using cryptography. This book is a detailed guide to what it
is, how it works, and how it just may jumpstart a change in the way
digital value changes hands.
* Understand how Bitcoin works, and the technology behind it
* Delve into the economics of Bitcoin, and its impact on the
financial industry
* Discover alt-coins and other available cryptocurrencies
* Explore the ideas behind Bitcoin 2. 0 technologies
* Learn transaction protocols, micropayment channels, atomic
cross-chain trading, and more
Bitcoin challenges the basic assumption under which the current
financial system rests: that currencies are issued by central
governments, and their supply is managed by central banks. To fully
understand this revolutionary technology, Understanding
Bitcoin is a uniquely complete, reader-friendly guide.
