Index

Altcoins, 4, 17, 19

Alternative digital currencies, 17

A Peer-to-Peer Electronic Cash System, 4

Application-specific integrated circuit (ASIC) miner, 48

Banking, finances services, and insurance (BFSI) sector, 64–65

Binance, 36

Bitcoin

advantages, 18

altcoins, 17, 19

alternative digital currencies, 17

blockchain, 4

borderless currency, 24–25

coinbase, 45

decentralization, 18, 23–24

as economic bubbles, 20–21

exchange services, 41

Hodl, 27

mining, 4, 42

ASIC miner, 48

block reward, 47

cloud mining, 49

efficiency, 48

hardware and software, 50

hashing power, 48

home laptop, 49–50

miners, 47

technical experience, 49

objectives, 31

payment method, 42

political risk, 25

price rising, 25–26

selling, 41

source code, 4

taxation, 25–26

trading and investing

exchanger, 52

goods and services, 53

long-term traders, 51

merchants, 53

online investing, 54

price changes, 55

quick response codes, 53

short-term traders, 51–52

transaction fees, 52–53

variants, 4

volatility, 26–27

wallets, 42–45

Bitcoin Cash, 33–34

BitTorrent, 23

Blockchain, 3, 4, 46

audit and compliance costs, 65

BFSI sector, 64–65

blocks, 9

business intelligence and analytics, 66

conventional centralized databases, 9

and cryptocurrency, 10–11

data integrity, 9

energy, 66

ethereum, 63

genesis block, 9

hardware requirements, 14–15

identity management, 66

Internet-of-Things, 66

mining, 13

phenomenal changes, 64

public blockchain, 14

recordkeeping system, 64

scaling, 63

scammer altcoin, 20

software requirements, 14–15

structure, 10

technological overview, 11–13

third-party intermediarie, 9

trade process, 65

traditional applications, 66

transaction validation, 13

user-to-user (peer-to-peer) participation, 7

vertical stack, 9–10

voting, 65–66

Web 3.0, 14

Block header, 12

Borderless currency, 1, 24–25

Cardano, 35

cloud-based wallets, 43

Cloud mining, 49

Coin, 3

Coinbase, 45

Conventional currency, 3, 58

Cryptocurrency

Binance, 36

bitcoin, 4

Bitcoin Cash, 33–34

blockchain, 3

borderless currency, 1

Cardano, 35

coin, 3

conventional currency, 3

cryptography, 1

Dark Web, 5

Dash, 34

definitions and attributes, 2–3

digital money, 1

encryption, 1–2

EOS, 34

Ethereum, 31–32

Ethereum Classic, 38

Huobi Token, 37

importance, 4

IOTA, 39

legal status, 5

Litecoin, 34

Monero, 39

plastic money, 1

Project PAI, 37

Ripple, 32–33

Tether, 36

Tronix, 35–36

VeChain, 36

0x (ZRX), 37

Zcash, 39–40

Cryptography, 1

Dash, 34

Decentralized system, 3, 23–24

Decryption, 2, 12

Delegated Byzantine Fault Tolerance (dBFT), 38

Digital money, 1

banks and credit card companies, 57

bitcoin crash, 59–61

blockchain platforms, 57

conventional currencies, 58

demand and supply, 58–59

forks, 61–62

open-source code, 57

rise in value, 59

security aspects, 57–58

smart contract, 62

Digital wallet, 42

Encryption, 1–2, 12

EOS, 34

Ethereum, 31–32

Ethereum Classic (ETC), 38

Ethereum virtual machines (EVMs), 19

Expedia, 53

Facebook, 23–24

Fiat currency, 67

Genesis block, 9

Google, 23–24

Hardware-based wallets, 43

Hash-based data structure, 10

Hash pointer, 12

Hodl, 27

Huobi Token (HT), 37

Identity management, 66

Initial coin offerings (ICOs), 19

Internet-of-Things (IoT), 66

IOTA, 39

Litecoin, 34

Mathematical formula, 12

Media hype, 25

Merkle tree, 10

Mobile wallets, 44

Monero, 39

Namecoin, 18

Napster, 23

NEM Smart Asset System, 35

NeoContract smart contract system, 39

NEO’s Universal Lightweight Virtual Machine (NeoVM), 38

Nodes, 11

Online wallets, 43

Overstock.com, 53

Paper-based wallet, 43

Plastic money, 1

Private key, 12

Project PAI, 37

Proof-of-work (PoW), 12

Public key, 12

Quick response (QR) codes, 53

Recordkeeping system, 64

Ripple, 32–33

Scammer altcoin, 20

SHA256 PoW function, 12

Shopify, 53

Smart contract, 62

Stellar cryptocurrency, 35

Tether, 36

Traditional banking system

benefits, 69

considerations, 68

decentralized peer-to-peer payment network, 68–69

fiat currency, 67

Tronix (TRX), 35–36

VeChain, 36

Virtual currency, 1

0x (ZRX), 37

Zcash, 39–40