Grokking Bitcoin | Kalle Rosenbaum

If you think Bitcoin is just an alternative currency for geeks, it's time to think again. Grokking Bitcoin opens up this powerful distributed ledger system, exploring the technology that enables applications both for Bitcoin-based financial transactions and using the blockchain for registering physical property ownership. With this fully illustrated, easy-to-read guide, you'll finally understand how Bitcoin works, how you can use it, and why you can trust the blockchain.

Inflation, depressed economies, debased currencies ... these are just a few of the problems centralized banking has caused throughout history. Bitcoin, a digital currency created with the ambition to shift control away from change-prone governments, has the potential to bring an end to those problems once and for all. It's time to find out how it can help you.

Grokking Bitcoin explains why Bitcoin's supporters trust it so deeply, and why you can too. This approachable book will introduce you to Bitcoin's groundbreaking technology, which is the key to this world-changing system. This illustrated, easy-to-read guide prepares you for a new way of thinking with easy-to-follow diagrams and exercises. You'll discover how Bitcoin mining works, how to accept Bitcoin, how to participate in the Bitcoin network, and how to set up a digital wallet.

Learn how to: 

★ Install and use a Bitcoin wallet on your phone, and understand what you’re doing.
★ Engage in technical Bitcoin discussions.
★ Make informed decisions on how to store your private keys depending on Bitcoin amounts stored and required level of security and convenience.
★ Run a full Bitcoin node to engage in financial transactions without trusting a third party.

Intended for anyone interested in learning about Bitcoin technology. While a basic understanding of technical concepts is beneficial, no programming skills are necessary. Purchase of the print book includes a free eBook in PDF, Kindle, and ePub formats from Manning Publications.

About the Author

Kalle Rosenbaum is a computer scientist, an avid Bitcoin supporter, and the founder of Propeller, a Bitcoin consultancy.