October 2017
Intermediate to advanced
256 pages
9h 33m
English
book
Cryptoassets: The Innovative Investor's Guide to Bitcoin and Beyond
by Chris Burniske, Jack Tatar
Content preview from Cryptoassets: The Innovative Investor's Guide to Bitcoin and Beyond
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Chapter 2
The Basics of Bitcoin and Blockchain Technology
It’s time to crystallize the difference between Bitcoin, Bitcoin’s blockchain, bitcoin with a lowercase b, blockchain technology, and other related but distinct concepts. At first blush, this space appears jargon heavy, deterring many from even attempting to understand it. In reality, there are only a few foreign concepts, encapsulated in recently invented words, which unfortunately keep people out. Since these words are used frequently when people talk about different applications of Bitcoin or blockchain technology, the space appears impenetrable—but it’s not. All that’s required is a concerted effort to nail down the key concepts, which then become the mental scaffolding that will ...
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