Summary of The Basics of Bitcoins and Blockchains

The Basics of Bitcoins and Blockchains is a comprehensive guide to understanding the technology of blockchain and the digital currency Bitcoin. It provides readers with the background to the history of money and its evolution, as well as an understanding of the concepts underlying Bitcoin and blockchain technology. It explains the mechanics of how Bitcoin works, the various roles of the different players in the Bitcoin ecosystem, and the intricacies of blockchain technology. It also examines the implications of Bitcoin and blockchain for the global economy, and how these technologies are likely to affect the future of finance, business, and society. Finally, the book provides an overview of the regulatory environment for Bitcoin and blockchain technology, and suggests best practices for those interested in investing in or using these technologies.