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Blockchain: Everything You Need to Know about Blockchain Technology and How It Works
The Only Blockchain Book You'll Ever Need!
Discover the book which will cover everything from a simple "What is Blockchain" to the advanced Blockchain programming applications.
"Blockchain is the first native digital medium for value, just as the internet was the first native digital medium for information." - Harvard Business Review
Are you new to Blockchain technology? Are you worried that it's "too technical" and that you'll never understand the concepts? Do you suffer from future shock, but are looking for a reason to be optimistic?
Do you see the possibility of something new and beautiful, but are unsure of it or how to articulate it to friends?
Are you the one who thinks that Blockchain and bitcoin can't possibly be real or that government will stamp it out someday? Are you the one who knows that it cannot be uninvented or stopped, but you're still wondering what it all means and what the future could hold?
In this book, we'll look at the answers to these questions along with addressing how this new technology could help you in your daily life and massively grow your business.
In this book you will learn:
Introducing Blockchain
How Does the Blockchain Technology Work - in Plain English
How Can Blockchain Technology Be Used?
The Pros and Cons of Blockchain Technology
How Blockchain Can Reshape Financial Services
The Technology Behind Bitcoin and Cryptocurrency
7 Killer Blockchain Applications That Are Shaping Our Future
The Technical Guide to the Blockchain Technology
Smart Contracts
Business in the Era of Blockchain
Executive's Guide to Implementing Blockchain Technology
7 Industries that Blockchain Will Disrupt in the Future
How Governments Throughout the World Are Responding to Blockchain
The Future of Blockchain - Shaping Tomorrow
And Much, Much, More!
"We've got a really big bet on the blockchain, that is some of the most disruptive technology we've seen since electricity. When that starts to come, I think there's going to be a host of new models that come out of that ... that's where we probably get excited about what's the next bet." - Jeff Schumacher, Founder, and Chief Executive Officer, BCG Digital Ventures
Final Words:
Even if you think you know everything discussed here, give this book a shot. It's an informative and entertaining read, and you may pick up some valuable tools and new ways of thinking you've never read or heard of before.
Buy the paperback version of this book and get the Kindle eBook version included for FREE
Would You Like to Know More?
Scroll to the top and click that yellow "Buy Button, and Get your copy today!
See you inside!
Discover the book which will cover everything from a simple "What is Blockchain" to the advanced Blockchain programming applications.
"Blockchain is the first native digital medium for value, just as the internet was the first native digital medium for information." - Harvard Business Review
Are you new to Blockchain technology? Are you worried that it's "too technical" and that you'll never understand the concepts? Do you suffer from future shock, but are looking for a reason to be optimistic?
Do you see the possibility of something new and beautiful, but are unsure of it or how to articulate it to friends?
Are you the one who thinks that Blockchain and bitcoin can't possibly be real or that government will stamp it out someday? Are you the one who knows that it cannot be uninvented or stopped, but you're still wondering what it all means and what the future could hold?
In this book, we'll look at the answers to these questions along with addressing how this new technology could help you in your daily life and massively grow your business.
In this book you will learn:
Introducing Blockchain
How Does the Blockchain Technology Work - in Plain English
How Can Blockchain Technology Be Used?
The Pros and Cons of Blockchain Technology
How Blockchain Can Reshape Financial Services
The Technology Behind Bitcoin and Cryptocurrency
7 Killer Blockchain Applications That Are Shaping Our Future
The Technical Guide to the Blockchain Technology
Smart Contracts
Business in the Era of Blockchain
Executive's Guide to Implementing Blockchain Technology
7 Industries that Blockchain Will Disrupt in the Future
How Governments Throughout the World Are Responding to Blockchain
The Future of Blockchain - Shaping Tomorrow
And Much, Much, More!
"We've got a really big bet on the blockchain, that is some of the most disruptive technology we've seen since electricity. When that starts to come, I think there's going to be a host of new models that come out of that ... that's where we probably get excited about what's the next bet." - Jeff Schumacher, Founder, and Chief Executive Officer, BCG Digital Ventures
Final Words:
Even if you think you know everything discussed here, give this book a shot. It's an informative and entertaining read, and you may pick up some valuable tools and new ways of thinking you've never read or heard of before.
Buy the paperback version of this book and get the Kindle eBook version included for FREE
Would You Like to Know More?
Scroll to the top and click that yellow "Buy Button, and Get your copy today!
See you inside!
124 pages, Paperback
Published October 7, 2017
32 people are currently reading
34 people want to read
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Displaying 1 - 5 of 5 reviews
October 11, 2017
‘The most important new technology since the creation of the internet’
Chicago author/entrepreneur Neil Hoffman has made a fortune trading bitcoin and cryptocurrencies. An ex-army, an online entrepreneur and a self-taught computer programmer, he loves trading cryptocurrencies and forex and he sees it as having a huge potential to make some serious income. In this book he shares his insights into another leading edge technology – BLOCKCHAIN – a book equally as informative and condensed as Neil’s initial book.
For many of us the concept of Blockchain is foreign and understanding that paucity of background information Neil offers the history of this technology: ‘A blockchain is a type of decentralized database that works as a type of ledger for financial transactions. Due to the way it is secured, it is both easy for authorized users to access and very difficult for unauthorized users to access, for reasons that will be explained in detail in the later chapters. As the name implies, a blockchain is made up of individual blocks that each contains unique transaction information as well as information relating to his or her unique place in the chain. Every time a new block is added to a blockchain from an authorized node, that information is then shared with all the other nodes that make up the network after it has been verified. No centralized authority needs to tell the nodes to seek new information. When it comes to security, the blockchain does not take any offensive measures against threats and instead relies on extreme defense to win the day. As transactions need to be verified before they are added to the primary blockchain, any malicious blocks that may be sent will be automatically picked up and discarded before they can infect the whole blockchain. Only when all of its data lines up with at least 51 percent of all other nodes, a new block will be added to the blockchain. While, technically, it is possible to generate enough fabricated cloud to add a fake block to a chain, the resources required to do so are beyond the means of modern hackers and the costs for doing so would outstrip the gains. In addition to storing information, the blockchain automatically timestamps the data which means it is extremely easy to determine when a given transaction took place after the fact. When all of its facets are taken together, it becomes easy to see why blockchains can essentially act autonomously with new blocks being created and assigned, and the whole being policed for errors, without anyone actively stepping in and taking control over any of it.
This is the type of language that Neil uses throughout this book – accessible explanations that genuinely teach rather than simply define. In this tone he shares the history of the development of Blockchain, defines and explains how the Blockchain technology works, how it is used in business/media/marketing/property, and securing sensitive data storage. Being the cautious entrepreneur Neil informs us of the pros and cons, the linked aspects of cryptocurrency and blockchain, how to use it, and most important – how to understand it and incorporate it into our thoughts for future use. Full of predictions about how this new technology will affect us, ties book shines a bright light on an unknown arena of thought and technology.
Granted the book becomes more complex as the pages turn (as well a guide should!) but stay with Neil and get to understand this inevitable change that is on its way. ‘As blockchain is still such a new technology, there is no telling when new potentially game-changing information is going to emerge which means keeping your ear to the ground is the only way to actually ensure that you are not caught off guard.’ This is a near definitive introduction to a concept we all must learn. And Neil Hoffman is an exemplary guide!
Chicago author/entrepreneur Neil Hoffman has made a fortune trading bitcoin and cryptocurrencies. An ex-army, an online entrepreneur and a self-taught computer programmer, he loves trading cryptocurrencies and forex and he sees it as having a huge potential to make some serious income. In this book he shares his insights into another leading edge technology – BLOCKCHAIN – a book equally as informative and condensed as Neil’s initial book.
For many of us the concept of Blockchain is foreign and understanding that paucity of background information Neil offers the history of this technology: ‘A blockchain is a type of decentralized database that works as a type of ledger for financial transactions. Due to the way it is secured, it is both easy for authorized users to access and very difficult for unauthorized users to access, for reasons that will be explained in detail in the later chapters. As the name implies, a blockchain is made up of individual blocks that each contains unique transaction information as well as information relating to his or her unique place in the chain. Every time a new block is added to a blockchain from an authorized node, that information is then shared with all the other nodes that make up the network after it has been verified. No centralized authority needs to tell the nodes to seek new information. When it comes to security, the blockchain does not take any offensive measures against threats and instead relies on extreme defense to win the day. As transactions need to be verified before they are added to the primary blockchain, any malicious blocks that may be sent will be automatically picked up and discarded before they can infect the whole blockchain. Only when all of its data lines up with at least 51 percent of all other nodes, a new block will be added to the blockchain. While, technically, it is possible to generate enough fabricated cloud to add a fake block to a chain, the resources required to do so are beyond the means of modern hackers and the costs for doing so would outstrip the gains. In addition to storing information, the blockchain automatically timestamps the data which means it is extremely easy to determine when a given transaction took place after the fact. When all of its facets are taken together, it becomes easy to see why blockchains can essentially act autonomously with new blocks being created and assigned, and the whole being policed for errors, without anyone actively stepping in and taking control over any of it.
This is the type of language that Neil uses throughout this book – accessible explanations that genuinely teach rather than simply define. In this tone he shares the history of the development of Blockchain, defines and explains how the Blockchain technology works, how it is used in business/media/marketing/property, and securing sensitive data storage. Being the cautious entrepreneur Neil informs us of the pros and cons, the linked aspects of cryptocurrency and blockchain, how to use it, and most important – how to understand it and incorporate it into our thoughts for future use. Full of predictions about how this new technology will affect us, ties book shines a bright light on an unknown arena of thought and technology.
Granted the book becomes more complex as the pages turn (as well a guide should!) but stay with Neil and get to understand this inevitable change that is on its way. ‘As blockchain is still such a new technology, there is no telling when new potentially game-changing information is going to emerge which means keeping your ear to the ground is the only way to actually ensure that you are not caught off guard.’ This is a near definitive introduction to a concept we all must learn. And Neil Hoffman is an exemplary guide!
January 7, 2018
This is a basic introduction to new technology used for bitcoin and other electron financial transactions in a system labelled Blockchain. Chapters cover system elements, uses, security, government regulations, and applications. Hoffman recognizes that the system has good and bad points, but that the technology may be used to create the next big change to online transactions.
I received this book through a promotional giveaway. Although encouraged, I was under no obligation to write a review. The opinions I have expressed are my own.
I received this book through a promotional giveaway. Although encouraged, I was under no obligation to write a review. The opinions I have expressed are my own.
March 3, 2018
Unless you have an IT background its quite incomprehensible. Maybe even if you have an IT background? As well as wanting to get some education on Blockchain, I mainly bought the book to find out about investing and trading in cryptocurrencies and it was no help at all. I still have no real idea of blockchain and it didn't cover investing. Very false advertising to say its blockchain for dummies. .
January 2, 2018
Incoherent at best.
October 31, 2018
Good
Easy to understand, useful information
However the book seems exaggerated the positive side of the usage of cryptocurrencies
Anyway, good book to read
Easy to understand, useful information
However the book seems exaggerated the positive side of the usage of cryptocurrencies
Anyway, good book to read
Displaying 1 - 5 of 5 reviews