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The Story of the Blockchain: A Beginner's Guide to the Technology That Nobody Understands
Now required reading for the "Business of Blockchain & AI course at Columbia Business School
Blockchain technology is one of the most exciting ideas to come around in a long time, empowering cryptocoins like Bitcoin and Litecoin along with platforms such as Ripple and Ethereum. It has the potential to revolutionize money and banking while wrestling the rest of the internet away from today's gatekeepers.
But it’s notoriously hard to understand, as most of the existing explanations are either too technical or too ideological.
The Story of the Blockchain is a book written for the rest of us. Using a series of anecdotes from everyday life and analogies from more relatable areas, Omid Malekan takes you back to the very beginning, walking you through why this technology was invented in the first place, how it’s being utilized today, and why it might eventually impact everything.
Each chapter covers a unique aspect of this frontier technology, like privacy, initial coin offerings or what it's like to be invested in the coins themselves, but the overall book still flows like an easy to follow story, one that ends with a simple tutorial on how to safely make your first cryptocoin transactions. When all is said and done, you won't just understand this revolution. You'll be a part of it.
Blockchain technology is one of the most exciting ideas to come around in a long time, empowering cryptocoins like Bitcoin and Litecoin along with platforms such as Ripple and Ethereum. It has the potential to revolutionize money and banking while wrestling the rest of the internet away from today's gatekeepers.
But it’s notoriously hard to understand, as most of the existing explanations are either too technical or too ideological.
The Story of the Blockchain is a book written for the rest of us. Using a series of anecdotes from everyday life and analogies from more relatable areas, Omid Malekan takes you back to the very beginning, walking you through why this technology was invented in the first place, how it’s being utilized today, and why it might eventually impact everything.
Each chapter covers a unique aspect of this frontier technology, like privacy, initial coin offerings or what it's like to be invested in the coins themselves, but the overall book still flows like an easy to follow story, one that ends with a simple tutorial on how to safely make your first cryptocoin transactions. When all is said and done, you won't just understand this revolution. You'll be a part of it.
158 pages, Paperback
Published March 22, 2018
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Displaying 1 - 2 of 2 reviews
July 20, 2018
Quick read and easy to understand. Omid Malekan uses terrific analogies to help understand blockchain technology.
He states that the simplest definition is that blockchain allows for something digital to exist in only one place.
The analogy between hard copies of Encyclopedia Britannica and Wickipedia demonstrates the use of a consensus mechanism that enables blockchain to help coordinate the trusted, secure exchange of money between two people/entities.
The illustrations are terrific also.
He states that the simplest definition is that blockchain allows for something digital to exist in only one place.
The analogy between hard copies of Encyclopedia Britannica and Wickipedia demonstrates the use of a consensus mechanism that enables blockchain to help coordinate the trusted, secure exchange of money between two people/entities.
The illustrations are terrific also.
November 23, 2018
Good read
Displaying 1 - 2 of 2 reviews