Everand Logo

Welcome to Everand!

  • Discover millions of ebooks, audiobooks, and so much more with a free trial

    Only $11.99/month after trial. Cancel anytime.

    Bitcoin & Blockchain: 2 Manuscripts - Understanding Bitcoin & Understanding Bitcoin
    Bitcoin & Blockchain: 2 Manuscripts - Understanding Bitcoin & Understanding Bitcoin
    Bitcoin & Blockchain: 2 Manuscripts - Understanding Bitcoin & Understanding Bitcoin
    Ebook172 pages2 hours

    Bitcoin & Blockchain: 2 Manuscripts - Understanding Bitcoin & Understanding Bitcoin

    By Sean Bennett

    ()

    Read preview

    About this ebook

    BITCOIN & BLOCKCHAIN


    2 Manuscripts – Understanding Bitcoin & Understanding Blockchain


    Bitcoin has often be referred to as ‘Digital Gold’. No wonder as it continues to beat growth expectations and rise & Blockchain is the New Revolutionary Technology it is Built On.


    Blockchain technology is in the news more and more these days, especially as Bitcoin becomes a growing trend. There are a growing number of online businesses that accept Bitcoin as a form of payment. With the growing world of Blockchain & Bitcoin, it can all seem a bit confusing.


    This book is here to help you understand the various aspects of this great technology.


    Within the pages of this book, you will learn:


    • What is Bitcoin (BTC) and how Bitcoin came about

    • What is Bitcoin wallet

    • What is Bitcoin mining, mining pool

    • A brief overview about Bitcoin Cash (BCH/BCC)

    • How to earn Bitcoin

    • How to secure your Bitcoins

    • Tips for Bitcoin investing and Bitcoin trading with risk management techniques

    • Various types of Bitcoin wallets as well as their Pros and Cons

    • The uses of Bitcoin currency 



    But that is not all! You will also learn:


    • The Fundamentals of Blockchain

    • Smart Contracts

    • The Story Behind Blockchain

    • How Blockchain Works

    • Main Participants in a Blockchain Transaction

    • Key Elements in Block Batching & Stacking

    • The Future that Blockchain Holds

    • How it Will Shape the Economy

    • Utilization of Blockchain and its Importance



    There are endless opportunities when it comes to Blockchain & Bitcoin, so why not get involved now. It can be a great investment opportunity.  Get this book today and learn the basics of the world of Blockchain.  Start learning more about Bitcoin!


    What are you waiting for?  Take control of your financial future, go ahead and purchase the book!

    LanguageEnglish
    PublisherCryptomasher
    Release dateApr 18, 2018
    Bitcoin & Blockchain: 2 Manuscripts - Understanding Bitcoin & Understanding Bitcoin

    Read more from Sean Bennett

    Related to Bitcoin & Blockchain

    Related ebooks

    Personal Finance For You

    View More
    View More

    Related podcast episodes

    Related articles

    • Article

      Why Trading In Bitcoin Or Other Cryptocurrencies Is Playing With Fire

      Jun 8, 2018

      The two biggest players for digital advertising may have finally halted the blockchain hype. In March 2018, Google updated its financial services advertising policy. With these changes, ads for "Cryptocurrencies and related content (including but no

      4 min read

    • Article

      Bitcoin Halving: What Does It Mean for Investors?

      May 15, 2020

      In case you missed it, Bitcoin just underwent a "halving," the third in the cryptocurrency's history, on March 11. If you're a little unsure about what exactly a Bitcoin halving means, don't feel bad. Cryptocurrencies have their own unique vocabulary

      2 min read

    • Article

      The Maya of Bitcoin

      Mar 19, 2018

      The Maya of Bitcoin
      11 min read

    • Article

      Why Are Bitcoin Prices So Volatile?

      Aug 12, 2021

      Life as a bitcoin (BTC) investor can be a bumpy ride. The world's most famous cryptocurrency has confounded commentators since its inception in 2009 to climb to mind-bogglingly high values, but bitcoin prices have nonetheless still been punctuated by

      5 min read

    • Article

      A Crypto Cheat Sheet

      Mar 26, 2021

      A Crypto Cheat Sheet
      3 min read

    • Article

      Bitcoin 101 for Beginners

      Oct 21, 2020

      Bitcoin 101 for Beginners
      4 min read

    • Article

      COVID 19 Impact on Bitcoin:

      May 3, 2021

      Even though COVID 19 had a severe impact on the Global Economy, Bitcoin proved resistant. The value of Bitcoin was halved in March 2020, but currently, it has reached an all-time high. The major reason was the loss of jobs during the pandemic, result

      1 min read

    • Article

      Kings Of Leon Think NFTs Are The Future Of The Music Industry, But WTF Is An NFT?

      Mar 17, 2021

      Last week, the already world-famous rock band Kings of Leon grabbed a few extra headlines for the release of their new album by announcing that it would be available as an NFT. This, the group claimed, marked a music industry first – and an exciting

      7 min read

    • Article

      Maybe Too Cheap?

      Jul 24, 2020

      Maybe Too Cheap?
      1 min read

    • Article

      What Is Forex Trading?

      Mar 1, 2022

      What Is Forex Trading?
      6 min read

    • Article

      What Is NFT And Why Is It Being Used For Art?

      Mar 17, 2021

      Grimes, Beeple, Logan Paul, the creator of Nyan Cat, and many other artists and celebrities are making huge amounts of money selling the ownership of digital images. Chris Torres, the artist who first created Nyan Cat, recently ‘minted’ a new GIF of

      4 min read

    • Article

      The Practical Investor Packs It In

      Mar 7, 2019

      When I first saw the Disney movie The Little Mermaid, I was captured by a line uttered by the villainous sea witch, who taunted the heroine to give up her prized possession (her voice) in exchange for the legs she yearned for. "Life's full of tough c

      2 min read

    • Article

      NFTs: How Celebrities Sell ‘Crypto Digital Artworks’ For Millions - And Why People Are Angry About Them

      Mar 3, 2021

      Grimes, Beeple, Logan Paul, the creator of Nyan Cat, and many other artists and celebrities are making huge amounts of money selling the ownership of digital images. Chris Torres, the artist who first created Nyan Cat, recently ‘minted’ a new GIF of

      4 min read

    • Article

      The DeFi Dictionary: Your Guide to Decentralized Finance

      Jul 11, 2022

      It's no secret that understanding the traditional finance world is challenging. Unfortunately, making sense of decentralized finance (DeFi) is even harder.  Decentralized finance is a growing collection of financial tools built on top of the blockcha

      5 min read

    • Article

      Is This the Next Bitcoin?

      Oct 1, 2014

      Is This the Next Bitcoin?
      2 min read

    • Article

      Tips On How To Choose A Credit Card For Your Business

      Oct 18, 2019

      The right business credit card is a valuable and versatile funding option for your small business. You can use one to manage gaps in your cash flow, earn points and rewards, and handle unexpected emergencies. Also, a business credit card will help yo

      1 min read

    Related categories

    Reviews for Bitcoin & Blockchain

    0 ratings

    0 ratings0 reviews

    What did you think?

    Tap to rate

    Review must be at least 10 words

      Book preview

      Bitcoin & Blockchain - Sean Bennett

      Bitcoin & Blockchain:

      2 Manuscripts –

      Bitcoin: Understanding Bitcoin, Mining, Investing & Trading for Beginners

      &

      Blockchain: A Guide to Understanding Blockchain

      Sean Bennett

      Bitcoin: Understanding Bitcoin, Mining, Investing & Trading for Beginners

      Introduction Page

      Bitcoin: Understanding Bitcoin, Mining, Investing & Trading for Beginners on the #1 cryptocurrency is intended for a complete novice. Written in a simple and easy-to-follow format, this is guaranteed to help you get your foothold in the complex world of the decentralized digital currency and set you ahead of the game.

      Within the pages of this book, you will learn

      What is Bitcoin (BTC) and how Bitcoin came about

      What is blockchain technology

      What is Bitcoin wallet

      What is SegWit and the Lightning Network

      What is Bitcoin mining, mining pool

      What caused the Bitcoin Fork

      A brief overview about Bitcoin Cash (BCH/BCC)

      Bitcoin transactions for business

      But that is not all! You will also learn

      How to earn Bitcoin

      How to secure your Bitcoins

      Tips for Bitcoin investing and Bitcoin trading with risk management techniques

      Various types of Bitcoin wallets as well as their Pros and Cons

      The uses of Bitcoin currency

      and much more!

      Bitcoin has often be referred to as ‘digital gold’, as the blockchain technology allows to transfer value through software and software alone. Never before has it been possible to have trusted transactions directly between two or more parties that were authenticated by mass collaboration and powered by collective self-interests, instead of relying on large corporations motivated by profit.

      Bitcoin continues to open new doors for anyone willing to invest and to do business, across the globe. Soon, Bitcoin may even become be the currency of every nation. We have tried to include the various aspects of Bitcoin in this book so that you can have a clear understanding about this huge societal breakthrough.

      Contents

      Bitcoin: Understanding Bitcoin, Mining, Investing & Trading for Beginners

      Introduction Page

      Chapter 1: Introduction and a Brief History of Bitcoin

      Chapter 2: What is Blockchain Technology?

      Chapter 3: Bitcoin Mining and Mining Pools

      Chapter 4: What is SegWit and The Lightning Network?

      Chapter 5: Bitcoin Wallet

      Chapter 6: The Bitcoin Hard Fork

      Chapter 7: Bitcoin Cash BCC/BCH

      Chapter 8: Bitcoin Pricing from Launch to Now

      Chapter 9: Investing in Bitcoin and Risk Management

      Chapter 10: Bitcoin Trading

      Chapter 11: The Security Aspect of Bitcoin

      Chapter 12: Bitcoin Transactions for Business

      Chapter 13: FOMO/FUD

      Chapter 14: Dollar Cost Averaging

      Chapter 15: Bitcoin Mutual Funds

      Conclusion

      Contents Blockchain

      Introduction

      Chapter 1: Blockchain Basics

      Chapter 2: A Brief History Blockchain

      Chapter 3: A Closer Look at How Blockchain Works

            Blockchain client

            Regulator

            Blockchain developer

            Blockchain network administrator

            Traditional processing platforms

            Traditional information sources

            Certificate specialist

            Transaction definition

            Transaction verification

            Block creation

            Block validation

            Block chaining

      Proof of Work

      Proof of Stake

      Chapter 4: Practical Applications of Blockchain

      Chapter 5: Blockchain and Your Business

      Shared Ledger

      Permissions

      Consensus

      Chapter 6: Understanding Cryptocurrency

      Chapter 7: Blockchain in the Future

      Conclusion

       Copyright 2017 by Sean Bennett - All rights reserved.

      This document is geared towards providing exact and reliable information in regards 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 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 the owned by the owners themselves, not affiliated with this document.

      Chapter 1: Introduction and a Brief History of Bitcoin

      Right now, Bitcoin feels like the internet before the browser – Wenses Casares

      Cryptocurrency, especially Bitcoin, has been clearly dominating the headlines in recent times. This comes as no surprise, as the returns from Bitcoin in the past year amounted to an unbelievable 668%!

      According to the survey conducted by Lend Edu, the popularity of Bitcoin is growing steadily, especially among millennials. Nearly 87% of youngsters have heard about Bitcoin and are open to the concept of Bitcoin currency. While many wants to earn Bitcoin through Bitcoin mining, others prefer to make money via Bitcoin trading and Bitcoin investing.

      If you are a complete newbie to Bitcoin and wish to gain an end-to-end knowledge about it in a simplified and easy-to-understand manner, I’ve got some great news. By reading this book, you are guaranteed to understand all the important aspects of Bitcoin, be it about Bitcoin wallet, Bitcoin trading, Bitcoin mining, Bitcoin investing, tips on how to earn Bitcoin (referred to as BTC), and more! This book is, quite simply, a one-stop reference for everything you want to know about Bitcoin.

      However, be warned that Bitcoin is a complex topic that encompasses software engineering, cryptography, and economics. So, it may be tough for a non-technical person to grasp its intrinsic workings and programming aspects. Which is why I have covered the technical aspects of Bitcoin in a superficial manner in this book, without going too much into coding and programming details.

      Now, let’s get started with mastering Bitcoin!

      Imagine that you have a bank account from which you send some money to another person, say, John. This is called a transaction wherein you send a fiat currency (Dollar) to another person. This transaction is authenticated and tracked by your bank and its record is maintained.

      Note: Euro, Dollar, etc. are called fiat currencies due to a government decree (fiat) declaring the currency to be legal tender.

      But Bitcoin is a completely different ball game. Let’s see why.

      Understanding Bitcoin

      Bitcoin is a peer-to-peer virtual currency without any central authority. This means that no bank, government, or official entity can issue or have control over Bitcoin. Whenever you send Bitcoin to someone else, it goes directly to them without any middlemen or banks.

      Bitcoin is an open source code and exists through a cloud network known as the blockchain. The blockchain is basically a transparent ledger of all the transactions that ever happen on the Bitcoin network. Each and every transaction on Bitcoin network is authenticated by a collective network of the Bitcoin user’s computers.

      Bitcoin is pseudonymous. This means that Bitcoin can be used anonymously to an extent, as the sender and receiver are identified only by a string of numbers and alphabets. For example, 1pckXknnEd4SPkC27PnFH8dsY2gdGh26Y

      Bitcoin payments are done using peer-to-peer technology. It happens instantly anywhere across the world for a very nominal cost.

      Just like a web browser is a common user interface for the HTTP protocol, the common user interface to the Bitcoin system is called the ‘Bitcoin wallet’. There are many Bitcoin wallets available, which is covered in detail in the upcoming pages. The transfer of value between Bitcoin wallets is called a transaction.

      Bitcoin transactions are quite secure as it uses strong cryptography, making it impossible to be accessed without proper permission. The transactions of Bitcoin are irreversible. This helps in protecting users from fraudulent chargebacks.

      The final monetary base of Bitcoin is fixed at 21 million Bitcoins. This scarcity provides the Bitcoins with value. The value of Bitcoin fluctuates based on the demand and supply.

      Bitcoin ownership

      The ownership of Bitcoin is established through Bitcoin addresses, digital keys, and digital signatures.

      Keys come in pairs. There would be a private (secret) key and a public key. The digital keys are stored in the wallet.

      The Bitcoin address is usually generated from and corresponds to the user’s public key. Whenever Bitcoin transaction happens, the recipient’s address would be the public key. Thus, public keys are used for receiving funds.

      A valid digital signature is necessary for most Bitcoin transactions. It can only be generated

      Enjoying the preview?
      Page 1 of 1