Blockchain Revolution
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About this ebook
Blockchain Revolution
The Comprehensive Guide to Master The Hidden Economy
This is a very interesting book talking about the block chain and how one can get to understand the hidden economy by understanding the blockchain technology. By reading it, the reader will be in a position of understanding the difference between block chains and bitcoins together with the pros and cons of both.
The reader will also learn about the block chain, food chain, the block chain and computation technologies, myths about and the importance of block chain and the hidden players in the bitcoin.
In this book you will learn things like:
BLOCK CHAIN IN COMPUTATIONAND TECHNOLOGY
MYTHS ABOUT BLOCK CHAIN
MYTHS ABOUT BLOCK CHAIN
HIDDEN PLAYERS IN BITCOIN REVOLUTION
and many more...
Download your copy of "Blockchain Revolution"!
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Book preview
Blockchain Revolution - Jeffery Short
Introduction
What are Blockchain and Bitcoin
Blockchain.info is one of the world's most visited website started in 2013. It deals with a virtual currency called Bitcoin.
Описание: Картинки по запросу BlockchainThe website has more than 118 million viewers together with more than three million unique visitors as of November 2013. Later the January 2014 figures tell that blockchain.info users touched one million counts as user wallets.
Bitcoin therefore is a sort of digital currency where high quality encryption techniques are involved for regulating its generation and to verify the funds transfer. The whole operation runs independent of any central bank or state bank.
Why we keep a wallet in our back pocket? There we keep our money; keep credit cards, put movie tickets, save shop coupons etc to name a few and several other things like shopping receipts, reminders and notes.
What if you get all these things virtually and you store them virtually in a virtual wallet
- User Wallet is almost the same thing. On the other hand blockchain.info is a bitcoin wallet together with block explorer service started in August 2011.
The users get data on recent transactions, charts connected to bitcoin economy, mined blocks in terms of the bitcoin blockchain developing statistics as well as valuable resources for developers.
A blockchain which is originally block chain is a distributed database which maintains growing number of records, known as blocks
. These blocks are secured and cannot be tampered with or revised. These blocks contain a timestamp as well as a secure link with a