- 24.02.2020

The basics of bitcoins and blockchains by anthony lewis

the basics of bitcoins and blockchains by anthony lewisThe Basics of Bitcoins and Blockchains: An Introduction to Cryptocurrencies and the Technology that Powers Them - Kindle edition by Lewis, Antony. Download. The Basics of Bitcoins and Blockchains: An Introduction to Cryptocurrencies and the Technology that Powers Them. by. Antony Lewis (Goodreads Author).

This book faces neither issue: it is evenhanded and spends most of its pages describing how the machinery of the blockchain works.

The basics of bitcoins and blockchains by anthony lewis

It also does a great job contextualizing the technology. It begins with a history of money and the basics of bitcoins and blockchains by anthony lewis description of the banking system, laying out the forms of money barter, commodity, fiat and how payments actually work from an accounting perspective.

The basics of bitcoins and blockchains by anthony lewis

This is all pretty important because it establishes the highly intermediated payments "status quo" against which bitcoin seeks to compete.

The rest of the book leans heavily on crypto concepts introduced here. After introducing cryptography basics, it introduces blockchain.

The basics of bitcoins and blockchains by anthony lewis

Read article way it frames the idea of blockchain is by introducing the challenge of peer to peer money transfer, then by raising issues that have to be dealt with ex. By iteratively describing the solution blockchain provides the basics of bitcoins and blockchains by anthony lewis each of the problems, it provides a picture of how blockchain actually works ex.

The basics of bitcoins and blockchains by anthony lewis

All the while, it overviews important practical aspects of blockchain and crypto, including weaknesses e.

Over the course of the book nearly every piece of crypto related jargon that I have encountered was defined and clearly explained. And despite the book's name, it does not only focus on cryptocurrencies, though crypto is a major focus.

The basics of bitcoins and blockchains by anthony lewis

21 мысли “The basics of bitcoins and blockchains by anthony lewis

  1. In my opinion, it is an interesting question, I will take part in discussion. Together we can come to a right answer.

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