May 2019
Intermediate to advanced
480 pages
12h 43m
English
Content preview from Grokking BitcoinBecome an O’Reilly member and get unlimited access to this title plus top books and audiobooks from O’Reilly and nearly 200 top publishers, thousands of courses curated by job role, 150+ live events each month,
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Chapter 1. Introduction to Bitcoin
This chapter covers
- Getting to know Bitcoin
- Following a Bitcoin payment
- Problems solved by Bitcoin
The goal of this book is to teach you enough about Bitcoin to make informed decisions about how you can use it to improve your private life or business. My hope is that you’ll learn enough to make up your own mind whether you trust Bitcoin or not (with any luck, the former). To get you off the ground, I’m going to assume you know roughly what the following terms mean:
- Computer program
- Database
- Computer network
- Web server
If you’re unsure of any of these terms, don’t worry. Either look them up or go ahead anyway—I think you’ll manage.
What is Bitcoin?
Bitcoin is a digital cash system. It allows for people ...
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I'm always learning. So when I got on to O'Reilly, I was like a kid in a candy store. There are playlists. There are answers. There's on-demand training. It's worth its weight in gold, in terms of what it allows me to do.