© Elad Elrom 2019
Elad ElromThe Blockchain Developerhttps://doi.org/10.1007/978-1-4842-4847-8_1

1. Blockchain Basics

Elad Elrom1 
(1)
New York, NY, USA
 
This chapter will serve as your ground school before you “take off” toward development. It will introduce basic concepts that will help you to understand the blockchain technology. This chapter is split into four parts.
  • Introduction to Cryptoeconomics

  • Blockchain Explained

  • Cryptocurrencies Overload

  • Blockchain P2P Network

To understand cryptoeconomics, you first need to understand concepts such as encryption and decryption, private-public keys, cryptography, digital assets, cryptography, and cryptocurrency.

Once you understand these basic concepts, I will cover blockchain. I will cover the pieces that make ...

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