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Book Description

In 25 concise steps, you will learn the basics of blockchain technology. No mathematical formulas, program code, or computer science jargon are used. No previous knowledge in computer science, mathematics, programming, or cryptography is required. Terminology is explained through pictures, analogies, and metaphors.

This book bridges the gap that exists between purely technical books about the blockchain and purely business-focused books. It does so by explaining both the technical concepts that make up the blockchain and their role in business-relevant applications.

What You'll Learn

  • What the blockchain is

  • Why it is needed and what problem it solves

  • Why there is so much excitement about the blockchain and its potential

  • Major components and their purpose

  • How various components of the blockchain work and interact

  • Limitations, why they exist, and what has been done to overcome them

  • Major application scenarios

Who This Book Is For

Everyone who wants to get a general idea of what blockchain technology is, how it works, and how it will potentially change the financial system as we know it

Table of Contents

  1. Cover
  2. Frontmatter
  3. 1. Terminology and Technical Foundations
    1. Part Frontmatter
    2. 1. Thinking in Layers and Aspects
    3. 2. Seeing the Big Picture
    4. 3. Recognizing the Potential
  4. 2. Why the Blockchain Is Needed
    1. Part Frontmatter
    2. 4. Discovering the Core Problem
    3. 5. Disambiguating the Term
    4. 6. Understanding the Nature of Ownership
    5. 7. Spending Money Twice
  5. 3. How the Blockchain Works
    1. Part Frontmatter
    2. 8. Planning the Blockchain
    3. 9. Documenting Ownership
    4. 10. Hashing Data
    5. 11. Hashing in the Real World
    6. 12. Identifying and Protecting User Accounts
    7. 13. Authorizing Transactions
    8. 14. Storing Transaction Data
    9. 15. Using the Data Store
    10. 16. Protecting the Data Store
    11. 17. Distributing the Data Store Among Peers
    12. 18. Verifying and Adding Transactions
    13. 19. Choosing a Transaction History
    14. 20. Paying for Integrity
    15. 21. Bringing the Pieces Together
  6. 4. Limitations and Their Solutions
    1. Part Frontmatter
    2. 22. Seeing the Limitations
    3. 23. Reinventing the Blockchain
  7. 5. Using the Blockchain, Summary, and Outlook
    1. Part Frontmatter
    2. 24. Using the Blockchain
    3. 25. Summarizing and Going Further
  8. Backmatter
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