Crypto

Summary

This book contains three books, which are the following:

Book 1 - The acceptance of Bitcoin is growing, with many hoping that one day it will be widely used for online shopping and other digital transactions. Major companies like Fiverr, TigerDirect, and Zynga have already started accepting payments in Bitcoin.

While Bitcoin is functional, critics argue that it is not yet ready for mainstream adoption due to its volatility. They also point to past incidents, such as the hacking of Bitcoin exchanges, which resulted in significant financial losses.

Book 2 - The history of Bitcoin is both fascinating and complex. Developed by an anonymous group of mathematicians, Bitcoin emerged in 2008 with the intention of becoming "virtual gold," and its first software was released in early 2009 during the peak of the U.S. recession. Recognizing the need for long-term value, similar to gold, its creators capped the supply at 21 million Bitcoins. Bitcoin mining, the process by which new Bitcoins are generated, involves "miners" using specialized software to solve intricate mathematical problems, earning Bitcoins as a reward.

Book 3 - In this book, I'll introduce you to the world of blockchains, exploring what they are, how they came about, their applications, and the various topics that surround them. It's not surprising that the technology behind blockchains is unfamiliar to many; it seems to be known mainly by those in the financial sector. This makes sense, as that's where the technology originated and where it continues to thrive. 

By the time you finish this book, you'll be familiar with a new technology that you may not have previously understood. You'll gain insight into a system that, with careful study and research, has the potential to revolutionize various industries in the future.