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Learn Bitcoin and Blockchain
book

Learn Bitcoin and Blockchain

by Kirankalyan Kulkarni
August 2018
Beginner to intermediate
94 pages
2h 37m
English
Packt Publishing
Content preview from Learn Bitcoin and Blockchain

Fundamentals of Decentralization

After having gone through the fundamentals of Bitcoin and blockchain in the previous chapter, let's now try to understand a little bit about decentralization. In this section, we are going to take a look at the following topics:

  • How decentralization works
  • What can be decentralized
  • The impact of decentralization on the current and future world
  • The pros and cons of decentralization

So, what is decentralization in the first place? Now that you have started to understand blockchain technology and its architecture, you should be hearing a lot about decentralization. It is one of the buzzwords used more frequently in the cryptocurrency space and is often considered as the sole purpose of blockchain technology. ...

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Publisher Resources

ISBN: 9781789536133