Bitcoin and Cryptocurrency Technologies: a Comprehensive Introduction PDF Download 336 Pages

Bitcoin and Cryptocurrency Technologies: a Comprehensive Introduction PDF Download 336 Pages

Bitcoin and Cryptocurrency Technologies

Even in the present day, Bitcoin and cryptocurrency technologies provide a comprehensive introduction to innovative technologies often misunderstood as digital currency revolution. Whether you’re a student, software developer, tech entrepreneur, or computer science researcher, this official and self-contained book provides everything you need to know about new global finance for the Internet age.

How does Bitcoin and its blockchain really work? How secure can your Bitcoin be? How many anonymous cryptocurrency users are there? Can cryptocurrency be regulated? There are many questions like these, and you can find the answers in this book. It starts with tracing the history and development of Bitcoin and cryptocurrency, and then provides both conceptual and practical foundations.

If you’re someone who needs secure software engineering that integrates with the Bitcoin network as well as Bitcoin in your projects, then this is the subject for you. It covers topics such as decentralization, mining, Bitcoin politics, altcoins and cryptocurrency economics, the future of Bitcoin, and much more. You should definitely read it.

Bitcoin and Cryptocurrency Technologies: a Comprehensive Introduction

Introduction to Cryptography and Cryptocurrency: All currencies require some form of security features to control supply and prevent fraud. In fiat currencies, organizations like central banks control the supply of money and add anti-counterfeiting features to physical currency.

All these security features are susceptible to being breached by a malicious actor, but they do not make it impossible to counterfeit money. Ultimately, legal enforcement is necessary to prevent people from breaking the rules of the system.

Cryptocurrencies must have strong security measures that prevent people from tampering with the system and making conflicting statements (i.e., giving incompatible statements to different people). For example, Alice should be able to assure Bob that she has made a payment to him using a digital coin.

Unlike fiat currencies, the security rules of cryptocurrencies need to be applied purely technically and without relying on central authorities. For instance, Carol should not be able to convince Bob that she has paid him with the same coin.

As the name suggests, cryptocurrency relies heavily on cryptography. Cryptography provides a mechanism within the cryptocurrency system to encode its rules securely. We can use it to encode the rules for creating new units of currency in a mathematical protocol, while also preventing tampering and ensuring fairness. Before we can fully understand cryptocurrency, we need to understand the cryptographic foundations that it relies on.

Cryptography is a complex and advanced academic research field that utilizes various advanced mathematical techniques. Fortunately, Bitcoin relies on relatively simple and well-known cryptographic constructions.

In this chapter, we will specifically study cryptographic hash and digital signatures. These are two primary tools that prove useful for creating cryptocurrencies. Later chapters present more complex cryptographic schemes, such as zero-knowledge proofs, which are used in proposed extensions and modifications to Bitcoin.

Once necessary cryptographic primitives are presented, we will discuss the various ways in which they are used to create cryptocurrencies. We will complete this chapter with examples of simple cryptocurrencies that describe some design challenges that need to be addressed.

Introduction to Exciting New Digital Currency Technologies:

Bitcoin and cryptocurrency technologies offer a comprehensive introduction to new and often misunderstood technologies revolutionizing digital currency. Whether you’re a student, software developer, tech entrepreneur, or computer science researcher, this official and self-contained book tells you everything you need to know about the new global currency for the internet age.

How does Bitcoin and its blockchain actually work? How secure are your bitcoins? How anonymous are their users? Can cryptocurrency be regulated? These are just some of the many questions this book answers. It starts by tracing the history and evolution of Bitcoin and cryptocurrency.

This article discusses the foundational and practical aspects of engineering secure software for interacting with the Bitcoin network and integrating Bitcoin ideas into projects. Topics covered include decentralization, mining, Bitcoin politics, altcoins and cryptocurrency economics, the future of Bitcoin, and much more.

The article also introduces new digital technologies related to currency and explains the history and mechanics of Bitcoin and blockchain. It covers security, anonymity, politics and regulation, as well as alternative cryptocurrencies.

The article also provides a website with instructional videos, programming assignments, and lecture slides for each chapter, as well as home-based troubleshooting issues. This article can be used in conjunction with the Coursera online course offered by the author.

Additionally, there is an electronic solution manual available only for professors.

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