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The Web3 Revolution: Building the Future of Blockchain, DeFi, and the Metaverse

Name: The Web3 Revolution: Building the Future of Blockchain, DeFi, and the Metaverse
Author: Hui Gong
ISBN: 9798868804915

by Hui Gong

November 2024

Intermediate to advanced

349 pages

6h 22m

English

Apress

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Content preview from The Web3 Revolution: Building the Future of Blockchain, DeFi, and the Metaverse

H. GongThe Web3 Revolutionhttps://doi.org/10.1007/979-8-8688-0491-5_2

2. Bitcoin: The Pioneer of Digital Currency

Hui Gong¹

(1)

Institute of Finance & Technology, University College London, London, UK

This chapter traces the origins of Bitcoin, from Satoshi Nakamoto’s seminal whitepaper to the cryptocurrency’s rapid ascent as a challenger to traditional financial systems. Through an examination of Bitcoin’s innovative technological foundations and its impact on the financial landscape, this chapter sets the stage for a comprehensive understanding of why Bitcoin remains the quintessential digital currency.

2.1 The Birth of Bitcoin

The birth of Bitcoin in the ...

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The Web3 Revolution: Building the Future of Blockchain, DeFi, and the Metaverse

by Hui Gong

2. Bitcoin: The Pioneer of Digital Currency

2.1 The Birth of Bitcoin

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.