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Mastering Blockchain, Fourth Edition - Fourth Edition
book

Mastering Blockchain, Fourth Edition - Fourth Edition

by Imran Bashir
March 2023
Intermediate to advanced
818 pages
25h 41m
English
Packt Publishing
Content preview from Mastering Blockchain, Fourth Edition - Fourth Edition

7

Bitcoin in Practice

In this chapter, we will examine how the Bitcoin protocol works, as well as some advanced and modern Bitcoin protocols that have been developed to address limitations in the original Bitcoin protocol.

In this chapter, we will cover:

  • Bitcoin in the real world
  • Bitcoin payments
  • Innovation in Bitcoin
  • Bitcoin client installation
  • Experimenting further with bitcoin-cli
  • Bitcoin programming

Before we talk about the specifics of Bitcoin, let’s briefly discuss the philosophy behind it, go over the official definition of Bitcoin, and consider Bitcoin from a user’s perspective.

Bitcoin in the real world

For people with a libertarian ideology, Bitcoin is a platform that can be used instead of banks. However, some think that due to ...

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Publisher Resources

ISBN: 9781803241067