book

Practical Blockchains and Cryptocurrencies: Speed Up Your Application Development Process and Develop Distributed Applications with Confidence

Name: Practical Blockchains and Cryptocurrencies: Speed Up Your Application Development Process and Develop Distributed Applications with Confidence
Author: Karan Singh Garewal
ISBN: 9781484258934

by Karan Singh Garewal

September 2020

Beginner to intermediate

495 pages

8h 54m

English

Apress

Content preview from Practical Blockchains and Cryptocurrencies: Speed Up Your Application Development Process and Develop Distributed Applications with Confidence

K. S. GarewalPractical Blockchains and Cryptocurrencieshttps://doi.org/10.1007/978-1-4842-5893-4_2

2. The Cryptocurrency Ecosystem

Karan Singh Garewal¹

(1)

Toronto, ON, Canada

In the previous chapter, we surveyed the history of money and discussed how bitcoin changes the paradigm for currency creation and distribution. We also saw how bitcoin transactions differ from transactions in a conventional fiat money system. The advent of Bitcoin has spawned a large number of cryptocurrencies which are similar in varying degrees to it. They differ from Bitcoin in their characteristics, such as the total number of coins that can be produced, the speed and manner in which transactions are consummated, as well as the manner in which ...

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Practical Blockchains and Cryptocurrencies: Speed Up Your Application Development Process and Develop Distributed Applications with Confidence

by Karan Singh Garewal

2. The Cryptocurrency Ecosystem

Become 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,
and much more.