Understanding Blockchain

This book is an exploration of the blockchain technology. The goal of the author is to help you understand what blockchain technology is and the various ways you can use it to benefit yourself. The first part of the book helps you understand what blockchain is. The section helps you familiarize yourself with the basic concepts of the blockchain technology which include wallets, mining and addresses. The various cryptocurrencies have been discussed. The author helps you understand the differences between the various cryptocurrencies. You are also guided on how to mine the various cryptocurrencies. You will know the various hardware and software components needed to mine each type of cryptocurrency and the various steps necessary for you to go through the mining process. The pros and cons of the blockchain technology have been discussed. You will know the various security measures used to ensure that transactions are secure on the blockchain. The various ways of de-anonymizing the blockchain users have been explored in details. You will know whether it is secure or dangerous for you to use the blockchain. The various effects of the blockchain technology to the economy have been explored. The various ways one can use the blockchain technology to earn money have been explored. The following topics have been discussed in this book: - What is Blockchain? - The Cryptocurrencies - Pros and Cons of Blockchain - The Effect of Blockchain and Cryptocurrencies to the Economy - How you can use it to Earn Money