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Cryptocurrency A Guide To Navigating The World Of Digital Assets(1st Edition)
Authors:
Richard Skiba
Cover Type:Hardcover
Condition:Used
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Book details
ISBN: 1763659518, 978-1763659513
Book publisher: After Midnight Publishing
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Book Summary: Explore The World Of Cryptocurrency With This All-encompassing Guide That Starts From The Basics And Advances To Complex Concepts. The Book Begins With A Comprehensive Introduction To Cryptocurrency, Defining It, Tracing Its Historical Development, And Explaining Core Principles Such As Decentralization, Blockchain Technology, And Cryptography. This Foundational Knowledge Paves The Way For A Deeper Dive Into Bitcoin, Revealing The Enigmatic Satoshi Nakamoto, Explaining Bitcoin’s Mechanics, And Detailing The Process Of Bitcoin Mining.The Book Then Transitions To An In-depth Examination Of Blockchain Technology, Covering Its Structure, Transaction Processes, And Consensus Mechanisms Like Proof Of Work And Proof Of Stake, While Also Addressing Security And Anonymity Within The Blockchain.Expanding Beyond Bitcoin, The Guide Explores Major Cryptocurrencies Including Ethereum, With Its Innovative Smart Contract Capabilities; Ripple, Which Enhances Cross-border Payments; And Litecoin, Known For Its Faster Transactions. It Also Covers Emerging Cryptocurrencies And Altcoins, Providing Insights Into Their Unique Features And Functionalities.Readers Will Find Detailed Information On Cryptocurrency Wallets And Exchanges, Including The Differences Between Hot And Cold Wallets, Strategies For Securing Assets, And Tips For Selecting The Right Exchange. The Book Also Explains Key Trading Concepts Such As Trading Pairs And Liquidity.For Potential Investors, The Book Offers An Overview Of Cryptocurrency Investment Basics, Comparing Technical And Fundamental Analysis, And Discussing Strategies For Portfolio Diversification Along With Associated Risks And Rewards.The Legal And Regulatory Aspects Are Thoroughly Addressed, Highlighting Global Regulations, Tax Implications, And Legal Challenges, Supplemented By Case Studies And Future Regulatory Trends. Real-world Applications Are Explored, Including Decentralized Finance (DeFi), Non-fungible Tokens (NFTs), And The Use Of Cryptocurrencies In E-commerce And Supply Chain Management.Security And Fraud Prevention Are Crucial Topics, With Advice On Avoiding Scams, Protecting Assets, And Understanding Regulatory Roles, Alongside Case Studies Of Major Breaches. The Future Of Cryptocurrency Is Also Discussed, Including Predictions, Technological Advancements, And The Challenges And Opportunities Ahead.Cryptocurrency Mining Is Examined For Its Economics, Environmental Impact, And Technological Innovations. The Book Covers Smart Contracts And Decentralized Applications (DApps), Their Functions, Notable Examples, And Future Developments. Additionally, It Looks At The Societal Impact Of Cryptocurrencies, Including Financial Inclusion, Their Role In Developing Economies, And Ethical Considerations. The Concept And Challenges Of Decentralized Autonomous Organizations (DAOs) Are Also Discussed.For Those Interested In Exchange-traded Funds (ETFs), The Book Provides Insights Into Buying, Selling, And Potential Future Listings Of Cryptocurrency ETFs. Finally, It Offers Practical Advice On Creating A New Cryptocurrency, Including Choosing The Right Solution, Sample Creation Processes, And Valuation Strategies.This Book Caters To A Broad Audience: Beginners Will Find Engaging Introductions To Cryptocurrency Fundamentals; Investors Will Gain Insights Into Investment Strategies, Risks, And Portfolio Management; Tech Enthusiasts Will Appreciate Detailed Blockchain And Mining Explanations; Regulators And Legal Professionals Will Benefit From In-depth Discussions On Regulatory Issues; And Developers And Entrepreneurs Will Find Practical Guidance On Creating And Developing Digital Assets.
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