Bitcoin Basics: Understanding Cryptocurrency
Bitcoin Basics: Understanding Cryptocurrency

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The primary purpose of the book is to take you through the concepts of cryptocurrency and the technology it works on.The increase in the price of Bitcoin and other cryptocurrencies has caught the interest of many investors, traders and media outlets alike. Though many have already started exploring and doing their research on this new digital currency, it can get tricky and challenging to understand the basics of Bitcoin and other cryptocurrencies on the crypto market. The reason behind this is the complexity of the technology used by these cryptocurrencies. Most of the cryptocurrencies (including Bitcoin) use open source technology, which provides the developers and miners with the option to experiment on the project based on their requirements. This has led to disagreements among investors, miners and developers on how these open source applications can be made to evolve.There is still a majority of the crowd who follows the conventional concept of money and is finding it difficult to understand the idea of virtual currency. Cryptocurrencies have been given many terms from being addressed the ‘future of currency’ to ‘phishing scams.’ But even after all these, this digital currency is creating a storm in the financial market and has already started to build an impact the world’s economy.

  • Released: November 16, 2020
  • Author: Joel Redding
  • Rating: 4,9
  • Publisher: Ebook DIgital Agency
  • Total Page: 733 pages
  • File Size: 3670 KB

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