Instead of talking about investing, this book will focus on how blockchain technology works and how it might be used in the future. Topics you can expect to see in this book include:
●What problem does blockchain solve?
●How can technology make our institutions faster and less expensive?
●Could technology replace our institutions (like governments, banks, etc) altogether?
●How does blockchain build trust between strangers?
●How does blockchain increase security for transactions and contracts?
●Can blockchain be used outside of finance?
●What is a block?
●What is the chain and why do we need it?
●What’s a technical explanation of what happens in the blockchain?
●What is mining and why do we need it?
●Are there alternatives to mining to create a blockchain?
●What’s the story of Bitcoin?
●Does Bitcoin have any problems?
●What is Ethereum, and what is a smart contract?
●Are there other blockchain technologies I should know about?
●How are companies adopting blockchain?
●What regulatory hurdles might slow blockchain adoption?
Whew, that’s a lot of questions. If you’re ready to tackle them, I’m ready
it is a bestselling book on Amazo about Blockchain technology from a bestselling author aboyt crypto and hacking - Alan Norman.
The book has good promo chanels, it has audiobook which helps to boost sales too.
Replacing Institutions with Technology
Most would agree that our institutions have flaws and aren’t perfect solutions. But they do solve problems of trust, and they’ve been doing it for hundreds of years. In fact, we’re probably living in the most peaceful, comfortable era in human history. Any alternative to our current institutions needs to have clear advantages and strength.The idea behind blockchain is to replace institutions with technology that can do the job better and empowers individuals. If you could create a way for strangers to trust one another without needing a bank or a government as an intermediary, you’d tackle one of society’s biggest bottlenecks. But in order to do so, you’d need a powerful system for creating consensus between strangers, and the creators of blockchain believe that power lies in decentralization.Basically all applications of blockchain (and other cryptographic technologies) are based around the concept of decentralization. Instead of a rigid, slow central authority making decisions and governing relationships, blockchain seeks to return regulatory power back to the individuals. Instead of trusting a major institution, blockchain builds trust through consensus.
A New Technological Paradigm
The foundation of all blockchain and cryptographic technology is the peer-to-peer network.Traditionally, when we think about trust we think of institutions as the middleman. Right now, if I wanted to send you $100, we’d need to use a bank transfer:
First, I’d submit the transfer to the bank.
Next, my bank would take a percentage fee to process the transaction
My bank verifies that I have $100 in my account
My bank asks your bank if your account is valid and open for deposits
My bank updates its ledger of accounts to subtract $100 from my account
Your bank updates its ledger to add $100 to your account.
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Portuguese
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Translation in progress.
Translated by João Paulo Rocha and Makoto Yamamoto
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Spanish
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Translation in progress.
Translated by Marlys Estrada
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