If you have been keen on the internet recently, wandering, groping and flying all over therein, there are high chances you have come face to face with the terms blockchain or cryptocurrency more than a couple of times. It occurred to me and I needed to find out what they were all about. After a couple of jargons down the road, it was almost overwhelming but I kept the faith that most will be comprehended sooner than later.
Still on the same tumultuous journey, here are a few tidbits I managed to harvest about blockchain and Cryptocurrency technologies. According to IBM, Blockchain is a shared, immutable ledger that facilitates the process of recording transactions and tracking assets in a business network. In words used in its application in cryptocurrency: It is an open, distributed ledger that records transactions in code. An asset can be tangible (a house, car, cash, land) or intangible (intellectual property, patents, copyrights, branding). Virtually anything of value can be tracked and traded on a blockchain network, reducing risk and cutting costs for all involved.
It is some sort of an electronic decentralized database (spread across geographical regions or datacenters) that collects information together in groups (blocks), holding given sets of data. These groups (blocks) have certain storage capacities and, when filled, are chained onto the previously filled block, forming a chain of data known as the “blockchain.” It is like a checkbook that is distributed across many computer systems around the globe.
So what about Cryptocurrency?
This is most likely the next question one will ask after having some light sprinkled in the darkness of blockchain. Now, cryptocurrency is another technology altogether. The only thing that links blockchain and cryptocurrency is that cryptocurrency relies on blockchain. So let us go ahead and demystify Cryptocurrency.
Cryptocurrency like the, Dollar or Euro, is a means of exchange in trade. The only difference is that Cryptocurrency is completely electronic and there is no central body that manages and maintains its value. Their value is distributed among all of its users via the internet. Satoshi Nakamoto in 2008 described Bitcoin -the first Cryptocurrency project- as “an electronic payment system based on cryptographic proof instead of trust”. The proof Nakamoto talks about is brought to the fore in the form of electronic transactions that are evidenced and documented in a form of program called a blockchain. And that is how Cryptocurrency and blockchain work together.
Now that we are a little bit exposed to this novel world of blockchain and Cryptocurrency, this article implores you to dig even deeper by reading the following well written books in this subject. Some of them include the following:
1. The Basics of Bitcoins and Blockchains
To capture a little bit of information about the author of this bestseller book, Antony became so interested in a niche online currency called Bitcoin in 2013, he left a conventional banking career to join a little startup called itBit. itBit is a bitcoin exchange, a website where clients can buy and sell bitcoins. After itBit, Antony privately consulted to clients mainly in the finance and consulting sectors, writing papers and running workshops to explain this new technology to curious professionals. He has done much more than this and he has written one of the finest books to help people interested in this niche to have a firm understanding thereof.
The Basics of Bitcoins and Blockchains covers topics such as the history of Bitcoin, the Bitcoin blockchain, and Bitcoin buying, selling, and mining. It also answers how payments are made and how transactions are kept secure. Other cryptocurrencies and cryptocurrency pricing are examined, answering how one puts a value on cryptocurrencies and digital tokens. You will learn about notable blockchain platforms, smart contracts, and other important facets of blockchains and their function in the changing cyber-economy.
Moreover, the text offers trustworthy and balanced insights to those interested in Bitcoin investing or investing in other cryptocurrency platforms. Discover the risks and mitigations, learn how to identify scams, and understand cryptocurrency exchanges, digital wallets, and regulations with this book. You’ll also learn about the evolution and potential impacts of Bitcoin and blockchains on global businesses.
As a bestseller, you will have an in-depth introductory guide that is accessible and well balanced to accommodate those who are new in the field as well as those who would wish to deepen the basic knowledge they may have about this niche. It is a must read if you intend to start investing in any cryptocurrency platform because you will be armed with the right kind of information you need. Pick it up from Amazon and start investing like a boss. Cryptocurrency is the future. Click below:
The Basics of Bitcoins and Blockchains: An Introduction to Cryptocurrencies and the Technology that Powers Them
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2. Blockchain Revolution
Don Tapscott is the CEO of the Tapscott Group and one of the most influential living theorists about business and society. In November 2013, Thinkers50 named Don as the 4th most important business thinker in the world. Co-author Alex Tapscott is the CEO and founder of Northwest Passage Ventures, an advisory firm building blockchain companies. In 2014 he wrote the seminal report on governing digital currencies for the Global Solutions Network program at the Joseph L. Rotman School of Management at the University of Toronto.
In this revelatory book, Don and Alex Tapscott deliver to us this brilliantly researched, highly readable, and essential book about the technology driving the future of the economy.
Blockchain is the ingeniously simple, revolutionary protocol that allows transactions to be simultaneously anonymous and secure by maintaining a tamperproof public ledger of value. Though it is best known as the technology that drives bitcoin and other digital currencies, it also has the potential to go far beyond currency, to record virtually everything of value to humankind, from birth and death certificates to insurance claims, land titles, and even votes.
As with major paradigm shifts that preceded it, blockchain technology will create winners and losers. This book shines a light on where it can lead us in the next decade and beyond.
The Guardian reviews this book as “A highly readable introduction to a bamboozling but increasingly important field.” To every reader venturing into blockchain and cryptocurrency as an investor, a developer or any interested party, this is the book they should first feast their minds with before delving into the intricacies that they will soon face. For a copy in their personal collection, Amazon is the place to make an order and get it delivered. Click on the provided link and let us get started together.
Blockchain Revolution: How the Technology Behind Bitcoin and Other Cryptocurrencies Is Changing the World
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3. Blockchain Basics
The author, Daniel Drescher, ensured that whoever is interested in this subject does necessarily require any previous knowledge in computer science, mathematics, programming or cryptography. If you are genuinely want to get a general idea of what blockchain technology is, how it works, and how it will potentially change the financial system as we know it, then pick this resource and start.
In 25 concise steps, you will learn the basics of blockchain technology. No mathematical formulas, program code, or computer science jargon are used. The resource bridges the gap that exists between purely technical books about the blockchain and purely business-focused books. It does so by explaining both the technical concepts that make up the blockchain and their role in business-relevant applications.
What You will Learn
You will get to grasp the following in the text:
- What the blockchain is
- Why it is needed and what problem it solves
- Why there is so much excitement about the blockchain and its potential
- Major components and their purpose
- How various components of the blockchain work and interact
- Limitations, why they exist, and what has been done to overcome them
- Major application scenarios
In simple and informative style, Daniel Drescher captures the most important aspects of blockchain unobtrusively using plain language for any interested audience to benefit. You can get a copy of this resource delivered from Amazon after making an order from the link below:
Blockchain Basics: A Non-Technical Introduction in 25 Steps
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4. Blockchain Bubble or Revolution
Authored by 3 Silicon Valley leaders from Google, Microsoft, and Facebook, this brilliant book cuts through the hype to offer a balanced, comprehensive, and accessible analysis of blockchains and cryptocurrencies.
Neel Mehta is a Product Manager at Google. Previously, he worked at Khan Academy and Microsoft and founded the Civic Digital Fellowship, the first fully-funded technology internship program in the federal government. Aditya Agashe on the other hand is a Program Manager at Microsoft. He is the founder of Belle Applications, a company that builds and optimizes software platforms for businesses. Parth Detroja, another brilliant contributor, is a Product Manager at Facebook. He has previously worked at Microsoft, Amazon, and IBM.
Gauging from the cadre of the authors, you will definitely have a wonderful chance to learn the core concepts of Bitcoin and blockchain technologies to understand their strengths and weaknesses from real-world case studies. You will dive deep into their technical, economic, political, and legal complexities; and gain insights about their future from exclusive interviews with dozens of tech industry leaders.
A summary of what you will ingest include:
- Bitcoin and the blockchain
- Public blockchains and altcoins
- Private blockchains
- Cryptocurrency regulation and policy
- The future of decentralized technology
There are few technologies as divisive as blockchain. Expert opinions range from it being “a scam” to “most important invention since the internet.” It is hard to tell who’s right. Bubble or Revolution will enable you to thoroughly understand the blockchain ecosystem and knowledgeably make a decision for yourself on whether it is a bubble or a revolution.
Blockchain Bubble or Revolution: The Future of Bitcoin, Blockchains, and Cryptocurrencies
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5. The Truth Machine: The Blockchain and the Future of Everything
Authors of this book have quite interesting perspectives that they foresee in the digital currency space. Michael J. Casey is a senior advisor at MIT Media Lab’s Digital Currency Initiative and chairman of CoinDesk’s advisory board while his co-author Paul Vigna is a reporter at The Wall Street Journal.
In The Truth Machine, the two authors demystify the blockchain and explain why it can restore personal control over our data, assets, and identities; grant billions of excluded people access to the global economy; and shift the balance of power to revive society’s faith in itself. They reveal the disruption it promises for industries including finance, tech, legal, and shipping.
Casey and Vigna expose the challenge of replacing trusted (and not-so-trusted) institutions on which we’ve relied for centuries with a radical model that bypasses them. The Truth Machine reveals the empowerment possible when self-interested middlemen give way to the transparency of the blockchain, while highlighting the job losses, assertion of special interests, and threat to social cohesion that will accompany this shift.
Jeremy Rifkin, one of the reviewers of the book said: “In The Truth Machine, Casey and Vigna describe, in vivid detail, both the theory and practice of the coming block-chain revolution, giving us a powerful technological roadmap to a more participatory future in the digital age.” Quite succinct and to the point. For those interested in this growing space, Casey and Vigna have a lot to share to open your perspectives and build your knowledge. It is an awesome resource. Pick it up from Amazon below.
The Truth Machine: The Blockchain and the Future of Everything
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6. Mastering Blockchain
Author Imran Bashir has extensive experience in both the public and financial sectors, having worked on large-scale IT projects in the public sector before moving to the financial services industry. He has an M.Sc. in Information Security from Royal Holloway, University of London, and has a background in software development, solution architecture, infrastructure management, and IT service management. H e presents this resource that handles the basics of blockchain to accommodate people who would wish to master this new paradigm of trading.
Apart from covering the basics, including blockchain’s technical underpinnings, cryptography, and consensus protocols, this book provides you with expert knowledge on decentralization, decentralized application development on Ethereum, Bitcoin, alternative coins, smart contracts, alternative blockchains, and Hyperledger.
Furthermore, you will explore how to implement blockchain solutions beyond cryptocurrencies, such as the Internet of Things with blockchain, blockchain scalability, enterprise blockchains, and tokenization using blockchain, and the future scope of this fascinating and disruptive technology.
By the end of this book, you will have gained a thorough understanding of the various facets of blockchain technology and be comfortable applying them to diverse real-world scenarios.
What you will learn
- Grasp the mechanisms behind Bitcoin, Ethereum, and alternative cryptocurrencies
- Understand cryptography and its usage in blockchain technology
- Understand the theoretical foundations of smart contracts
- Develop decentralized applications using Solidity, Remix, Truffle, Ganache, and Drizzle
- Identify and examine applications of blockchain beyond cryptocurrencies
- Understand the architecture and development of Ethereum 2.0
- Explore research topics and the future scope of blockchain technology
This book is an excellent combination of both the breadth and depth of blockchain technology. As a mastering book, it can be used not only as a reference at work, but also very effectively as a textbook in a classroom or for self-learning. Click below to order your copy from Amazon today.
Mastering Blockchain: A deep dive into distributed ledgers, consensus protocols, smart contracts, DApps, cryptocurrencies, Ethereum, and more, 3rd Edition
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7. Cryptocurrency Investing For Dummies
Do you want to learn cryptocurrency from the best wealth management? Kiana Danial is here for you. She is the CEO of InvestDiva.com, and an award-winning, internationally recognized personal investing and wealth management expert. She is a highly sought-after professional speaker, author and executive coach who delivers inspirational workshops and seminars to corporations, universities and entrepreneurial groups. Kiana is here to help you with learning more about cryptocurrency and hopes you get it right in case you consider it as one of your investment niche.
In Cryptocurrency Investing For Dummies, Kiana offers trusted guidance on how to make money trading and investing in the top 200 digital currencies, no matter what the market sentiment. You will find out how to navigate the new digital finance landscape and choose the right cryptocurrency for different situations with the help of real-world examples that show you how to maximize your cryptocurrency wallet.
While reading, you will
- Understand how the cryptocurrency market works
- Find best practices for choosing the right cryptocurrency
- Explore new financial opportunities
- Choose the right platforms to make the best investments
While the cryptocurrency market is known for its volatility―and this volatility is often linked to the ever-changing regulatory environment of the industry―the entire cryptocurrency market is expected to reach a total value of $1 trillion this year. If you want to get in on the action, this book shows you how. Get it from Amazon on the link below.
Cryptocurrency Investing For Dummies
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8. The Crypto Trader
Author Glenn Goodman is a good man because he is teaching anyone how they can make money trading Bitcoin and other cryptocurrencies. Himself, Glenn learnt his trading lessons the hard way – so you do not have to. He taught himself how to trade everything from shares to Bitcoin and made enough money to realise his dream and quit his day job while still in his 30s and you can do the same.
In The Crypto Trader, Glen will show you exactly how he made huge profits trading Bitcoin, Ethereum, Ripple and more, so that you can do it too – without risking your shirt. Glen publicly called the top of the market in December 2017 and took his profits before the crash. But there are still tons of trading opportunities out there and Glen continues to trade crypto successfully. Inside you’ll see his multi-hundred-percent gains on a raft of cryptocurrencies and learn how he builds his profits and holds onto them. Glen reveals all his trading strategies, the proven methods and rules that make him one of the most followed traders in the world on social media.
In case you are looking forward to reading just one book about trading cryptocurrency, this is the one. It gets right to the point, and every chapter is incredibly useful, witty and enjoyable to consume. It is all waiting for you in Amazon. Get it by clicking on the link below.
The Crypto Trader: How anyone can make money trading Bitcoin and other cryptocurrencies
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9. Blockchain For Dummies
Author Tiana is an experienced operational investor and venture fundraiser, having founded, fundedand exited several companies. She is also a sought-after public speaker and Amazon-bestsellingauthor who intends to enlighten you about blockchain technology in this resource.
In Blockchain For Dummies, she provides a fast way to catch up with the essentials of this quickly evolving tech. Since she has been involved in founding and analyzing blockchain solutions, this book serves to help those who need to understand what a blockchain can and cannot do.
This revised edition walks you through how a blockchain securely records data across independent networks. It offers a tour of some of the world’s best-known blockchains, including those that power Bitcoin and other cryptocurrencies. It also provides a glance at how blockchain solutions are affecting the worlds of finance, supply chain management, insurance, and governments.
- Get a clear picture of what a blockchain can do
- Learn how blockchains rule cryptocurrency and smart contracts
- Discover current blockchains and how each of them work
- Test blockchain apps
If you have read any dummies series of books, you should agree that they take a completely basic approach so that anyone can easily access the material being shared and instructed. This text is no different. Tiana having the right experience serves as the best instructor to earn you the skill and knowledge you require to succeed in this growing cyber-money paradigm. Get this book on the your hands by placing an order in Amazon below:
Blockchain For Dummies
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10. The Everything Guide to Investing in Cryptocurrency
With over a decade of experience writing about investing, author Ryan’s work has been read widely in Fortune, Money, CNBC, BBC, Fast Company, and US News & World Report, among many other national publications. Ryan has been in the cryptocurrency sphere since the very nascent years of this technology. He first began researching bitcoin in 2013 when people thought it was just a weird currency used by hackers.
As the price of Bitcoin and other cryptocurrencies continue to fluctuate and and news stories of cryptocurrency hackers increase, investors have to be more conscious of the huge opportunities and large risks in this market. Understanding these risks and rewards of cryptocurrency is vital for everyone wanting to make money on this exciting new form of investing.
The Everything Guide to Investing in Cryptocurrency is an authoritative and comprehensive guide to help you safely jump into the lucrative world of e-commerce.
You will learn:
- The different major cryptocurrencies, including Bitcoin, litecoin, and ethereum
- Where to buy and sell cryptocurrencies safely and securely
- Setting up and managing your cryptocurrency wallet
- Properly analyzing their investments
Leap into cryptocurrencies with a full understanding of what you are investing in by learning from the lessons experienced people have encountered. If you are thinking of getting into the cryptocurrency market, this book is the perfect place to begin. It is clear, succinct, logical and author Ryan Derousseau is very knowledgeable and deep in this subject. Get your copy from Amazon below.
The Everything Guide to Investing in Cryptocurrency: From Bitcoin to Ripple, the Safe and Secure Way to Buy, Trade, and Mine Digital Currencies
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The efficiency, transparency and security that blockchain offers makes it one of the technologies that will be depended on by many facets of life in the future be it the storage of documents, cryptocurrency, supply chain monitoring, voting systems advertising insights, original content creation, real estate processing among many others. It is a big deal and from the look of things, getting to know about it is pretty essential. We hope the books above will introduce you to this new way that the world is slowly but steadily getting into. Pick up two or three and get acquainted with enough knowledge and skills that you can easily venture into cryptocurrency.
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