The world has always run on traditional fiat currencies, which have been backed and controlled by governments. The government can inflate or deflate the price of these currencies without any democratic involvement. This also meant a high degree of regulation and government scrutiny that led to manipulation, but then came Bitcoin.Bitcoin is a decentralized virtual currency that is not controlled by anyone and that does not require a third-party intervention. It was created by a figure known as Satoshi Nakamoto in 2008. His identity is still unknown, and he vanished from the Online world a few years after introducing the world to the revolutionary technology of Bitcoin. Bitcoins value has increased over the years because of its popularity, and many people have made a lot of money from it.No central figure controls Bitcoin, but it´s regulated by a peer-to-peer network that provides it with a functional base without the need of an external figure. Bitcoin is a democratic currency because it cannot be influenced or manipulated by a few wealthy people for their gains and interests. Most people have heard about Bitcoin and cryptocurrencies, but there is a lot of mystery that surrounds this terminology. Therefore, most people are hesitant about investing in this lucrative currency.Bitcoin has almost become a buzzword in the last few years, thanks to its growing popularity. But the important question is, how does Bitcoin function? Is it a sound investment opportunity? How can you buy Bitcoin? If you want the answer to these questions, then this is the audiobook that you need. Bitcoin is changing the world, and it is entirely possible that in the next 20 years, it might become the currency that everyone in the world uses. Some governments, like that of Japan and Switzerland, are openly embracing it.Download your copy now and join the Bitcoin revolution! 1. Language: English. Narrator: Michael Lee Martin. Audio sample: http://samples.audible.de/bk/acx0/108489/bk_acx0_108489_sample.mp3. Digital audiobook in aax.
Blockchain: the Ultimate Beginner´s Guide to Understanding Blockchain Technology aims to give you the basic information you need to figure out what you want to know about bitcoin, cryptocurrencies, and blockchain technology. Just a few of the things you can expect to learn about include: The history of blockchain and the identity of bitcoin´s mysterious creator, Satoshi Nakamoto How cryptography works in blockchain applications to create a reliable record of transactions while maintaining security How cryptocurrency miners can make a fortune with nothing more than a computer How you can get started mining cryptocurrency yourself The cryptocurrency gold rush in 2017 - what are the other crypto-tokens you should know about, and should you invest in an ICO The dark side of blockchain: the criminal past of bitcoin, massive cryptocurrency heists, and the environmental harm of cryptocurrency mining Smart contracts and future applications of blockchain technology Cryptokitties - the craze for breeding digital cats that has consumed the Ethereum network This audiobook´s goal is to help you reach a clear and complete understanding of the many issues surrounding blockchain and its applications. To serve that goal, information is presented clearly, with simple explanations and plenty of examples. Whether you are planning to invest in your own cryptocurrency mine or buy a few tokens of Bitcoin, Ether, or XRB, this audiobook will help you decide how to move forward. Or, maybe you just want to get started breeding and trading Cryptokitties. This audiobook might still be for you. In any case, if you feel like you do not understand cryptocurrencies, ‘Blockchain: The Ultimate Beginner´s Guide to Understanding Blockchain Technology´ is an excellent place to start. 1. Language: English. Narrator: Dave Wright. Audio sample: http://samples.audible.de/bk/acx0/112551/bk_acx0_112551_sample.mp3. Digital audiobook in aax.
How does the bitcoin protocol work? A person cannot mix indefinite bitcoins. The bitcoin protocol states that there will only be 21 million bitcoins to be produced by the miners. These bitcoins will then be subdivided into smaller bits. The smallest bit is called ´´satoshi´´ named after the bitcoin founder and the divisible amount is 100 millionth of a bitcoin. Bitcoin currency is based on mathematical formulas unlike our conventional currency that is based on gold and silver. Mathematics is used to generate or ´´mine´´ bitcoins. The software programs containing these mathematical formulas are made available to everyone. This means that anyone can access these formulas to ensure that it serves its purpose. 1. Language: English. Narrator: Chris Brinkley. Audio sample: http://samples.audible.de/bk/acx0/027404/bk_acx0_027404_sample.mp3. Digital audiobook in aax.
Blockchain is a revolutionary computer programming technology that was first proposed in 2008 with Satoshi Nakamoto’s white paper on bitcoin. However, its roots go far deeper, as Nakamoto’s white paper actually built on advances and ideas in cryptography and cybersecurity that date all the way back to the early 1990s. Today, blockchain is turning into an Internet phenomenon that is changing how we think of cybersecurity and how data can be safely managed and maintained. This book will give you a detailed, under-the-hood look at how blockchain works. The first chapter will go into detail about the model that most of the Internet is based on, the client-server model, and why it is showing signs of age. The Internet is unable to keep up with the popularity that it has spawned, and it is facing increasing challenges at keeping up with its own demand. Additionally, the centralization of the client-server model makes the information prone to tampering, manipulation, and hacks. The second chapter will look at how blockchain technology provides the answers to many of the problems created by the aging client-server model. The third chapter takes a technical look at how blockchain works, but in a way that is easy for newbies to understand. It looks carefully at what different terms mean and explains them in an easy-to-understand format. It then details how a blockchain transaction works, from beginning to end. By the time you finish listening to this chapter, you will feel confident that any information that you send over a blockchain is safe and will reach its destination in one piece. Blockchain isn’t without its problems, though. The fourth chapter will explore some of the problems that blockchain is facing as it matures and enters the world of mainstream business and finance. These problems include legal issues, environmental issues, scalability issues, and consensus issues. 1. Language: English. Narrator: Mike Wood. Audio sample: http://samples.audible.de/bk/acx0/114338/bk_acx0_114338_sample.mp3. Digital audiobook in aax.
Blockchain is a revolutionary computer programming technology that was first proposed in 2008 with Satoshi Nakamoto’s white paper on bitcoin. However, its roots go far deeper, as Nakamoto’s white paper actually built on advances and ideas in cryptography and cybersecurity that date all the way back to the early 1990s. Today, blockchain is turning into an Internet phenomenon that is changing how we think of cybersecurity and how data can be safely managed and maintained. Whether you are interested in what the blockchain is, how it works, or how to make money with the blockchain, all the answers you are looking for can be found in this guide. The topics covered in book 1 include: What blockchain technology is Brief history of blockchain The concept behind the distributed ledger Smart contracts 51 percent attack Uses of the blockchain technology Other types of blockchain Impact of blockchain technology Big data, privacy, and personal data Limitations and challenges Advantages and disadvantages of using blockchain Cryptocurrencies Ways to earn a profit The future of blockchain The topics covered in book 2 include: The client-server model How the blockchain provides answers to problems created by an aging client-server model The functioning of the blockchain, meaning of the different terms Legal, environmental, scalability and consensus issues + solutions How to generate money as a minor, step-by-step Other ways you can make money The topics covered in book 3 include: Information on the different types of blockchains, their uses, and some of the controversy surrounding them Learning how to build your own blockchain The innovative ways that major companies like M 1. Language: English. Narrator: Mike Wood. Audio sample: http://samples.audible.de/bk/acx0/117540/bk_acx0_117540_sample.mp3. Digital audiobook in aax.
Decentralized cryptocurrency is produced by the entire cryptocurrency system collectively, at a rate which is defined when the system is created and which is publicly known. In centralized banking and economic systems such as the Federal Reserve System, corporate boards or governments control the supply of currency by printing units of fiat money or demanding additions to digital banking ledgers. In case of decentralized cryptocurrency, companies or governments cannot produce new units, and have not so far provided backing for other firms, banks, or corporate entities which hold asset value measured in it. The underlying technical system upon which decentralized cryptocurrencies are based was created by the group or individual known as Satoshi Nakamoto. As of September 2017, over a thousand cryptocurrency specifications ∃ most are similar to and derived from the first fully implemented decentralized cryptocurrency, bitcoin. Within cryptocurrency systems the safety, integrity and balance of ledgers is maintained by a community of mutually distrustful parties referred to as miners: members of the general public using their computers to help validate and timestamp transactions adding them to the ledger in accordance with a particular time-stamping scheme. Miners have a financial incentive to maintain the security of a cryptocurrency ledger. Most cryptocurrencies are designed to gradually decrease production of currency, placing an ultimate cap on the total amount of currency that will ever be in circulation, mimicking precious metals. Compared with ordinary currencies held by financial institutions or kept as cash on hand, cryptocurrencies can be more difficult for seizure by law enforcement. This difficulty is derived from leveraging cryptographic technologies. 1. Language: English. Narrator: Stephen Paul Aulridge Jr. Audio sample: http://samples.audible.de/bk/acx0/100073/bk_acx0_100073_sample.mp3. Digital audiobook in aax.