Blockchain_ Ultimate Step By Step Guide To Understanding Blockchain Technology, Bitcoin Creation, and the future of Money

Congratulations on purchasing this book and thank you for doing so. This book is an excellent beginner’s guide to understanding the technology called Blockchain. The contents avoid technical details to provide a better understanding to those who are new to this technology. There are certain terms that some technical background in Information Technology would help. However, it’s not necessary. Everyday English has been used through this book to avoid confusion, and this book will take you by the hand and show you, step by-step, how digital currency was born. For better understanding, we go back in time, and summarize the history of finance, then explain what has triggered the birth of several cryptocurrencies in our current society. Next, we analyse the theory and the primary focus behind the inventor of Bitcoin. Then take a closer look at the possible candidates of the birth father of Blockchain in more depth. Next, we briefly analyse what the distributed ledger system is, and how it is operated. Followed by the introduction of the miners, who they are, and what is their responsibility. Then it moves on to the process of how each block gets created, then how they eventually create a chain, which we call Blockchain. In the last chapters, we’ll go into more detail of what security measurements we have in place on the Blockchain. Next, we will focus on the understanding of the reason why this technology will change the world, by looking at business purposes, and banking systems of the future. Finishing with a quick overview of what the Blockchain is in a nutshell. There are plenty of books on this subject in the market, thanks again for choosing this one! Every effort was made to ensure the book is riddled with as much useful information as possible. Please enjoy!