Weiser Boris - Bitcoin & Cryptocurrency Technologies: Bitcoin Mining, Blockchain Basics And Cryptocurrency Trading & Investing For Beginners | 7 Books In 1

BITCOIN AND CRYPTOCURRECNY TECHNOLOGIES

BITCOIN MINING, BLOCKCHAIN BASICS

AND

CRYPTOCURRENCY TRADING & INVESTING FOR BEGINNERS

7 BOOKS IN 1

BOOK 1

BITCOIN IS BLOCKCHAIN AND HERE IS WHY!

BOOK 2

LEARN FAST WHY BITCOIN IS THE INVENTION OF THE 21ST CENTURY

BOOK 3

THE ADVENTURES OF THE CYPHERPUNK BILLIONAIRE CRYPTOREBEL

BOOK 4

CRYPTOCURRENCY INVESTING USING HOT & COLD WALLETS

BOOK 5

17 PRIVACY BASED COINS YOU SHOULD KNOW ABOUT

BOOK 6

MUST HAVE TOOLS, BEST EXCHANGES AND TRADING STRATEGIES

BOOK 7

TRADING BOTS, CANDLESTICK PATTERNS AND TRADING PSYCHOLOGY

BORIS WEISER

COPYRIGHT

ALL RIGHTS RESERVED. NO PART OF THIS BOOK MAY BE REPRODUCED IN ANY FORM OR BY ANY ELECTRONIC, PRINT OR MECHANICAL MEANS, INCLUDING INFORMATION STORAGE AND RETRIEVAL SYSTEMS, WITHOUT PERMISSION IN WRITING FROM THE PUBLISHER.

COPYRIGHT 2021 BORIS WEISER

Disclaimer

This book is produced with the goal of providing information that is as accurate and reliable as possible. Regardless, purchasing this book can be seen as consent to the fact that both the publisher and the author of this book are in no way experts on the topics discussed within and that any recommendations or suggestions that are made herein are for entertainment purposes only. Professionals should be consulted as needed before undertaking any of the action endorsed herein. Under no circumstances will any legal responsibility or blame be held against the publisher for any reparation, damages, or monetary loss due to the information herein, either directly or indirectly. This declaration is deemed fair and valid by both the American Bar Association and the Committee of Publishers Association and is legally binding throughout the United States. The information in the following pages is broadly considered to be a truthful and accurate account of facts and as such any inattention, use or misuse of the information in question by the reader will render any resulting actions solely under their purview. There are no scenarios in which the publisher or the original author of this work can be in any fashion deemed liable for any hardship or damages that may befall the reader or anyone else after undertaking information described herein. Additionally, the information in the following pages is intended only for informational purposes and should thus be thought of as universal. As befitting its nature, it is presented without assurance regarding its prolonged validity or interim quality. Trademarks that are mentioned are done without written consent and can in no way be considered an endorsement from the trademark holder.

Table of Contents Book 1

Table of Contents Book 2

Table of Contents Book 3

Table of Contents Book 4

Table of Contents Book 5

Table of Contents Book 6

Table of Contents Book 7

Should you read this book?

While some people think that Bitcoin is the main focus, Blockchain is Bitcoin's legacy. Blockchain is the technology behind Bitcoin, the revolutionary virtual currency that is changing the way people do business. Technology giants such as Intel, Microsoft, Cisco Systems, and Dell already invested in learning about Blockchain. The worlds largest Banks and Financial Institutions already created their own Cryptocurrency, using Blockchain technology. Fin-Tech Companies realized that Smart contracts are changing the way of doing Business, using the Blockchain platform. There are thousands of new start-ups investing every day into Blockchain, adapting to the technology of the future! A single Banking system can save between 8-15 Billion dollars per year, using Blockchain. Blockchain technology is already terminating trusted third-party services, replacing them with mathematical algorithms and digital signatures. Faster and cheaper payment transactions, in fact, employee payments can be made not daily, but every second. Better Data security by eliminating single point of failure. 100% Availability, using a fully decentralized peer-to-peer network, data will always be available. Blockchain will revolutionize a wide variety of businesses. Blockchain technology is influencing the future of doing Business, therefore, instead of falling behind, take advantage now, and learn how to master Blockchain today! Communication already in motion and visible between Person to Person, Business to Business and Machine to Machine. This book has lots of in depth information that will help you to comprehend Blockchain technology. It is a detailed guide on all Blockchain attributes and how the technology works behind Bitcoin. This guide is an excellent choice to gain a better understanding of what Blockchain is, how it improves data integrity, how it fundamentally changes the future of doing business and how it enhances data security. There are plenty of books on this subject in the market, thanks again for choosing this one! Every effort was made to ensure the book is riddled with as much useful information as possible. Please enjoy!

Introduction

This book includes 4 manuscripts.

Book 1

Book 1 will avoid technical details to provide a better understanding to those who are new to this technology. There are certain terms that some technical background in Information Technology would help understand. However, its not essential. Everyday English has been used through this book to avoid confusion, and this book will take you by the hand and show you step-by-step how digital currency was born. For better understanding, we go back in time, and summarize the history of finance, then explain what has triggered the birth of several cryptocurrencies in our current society. Next, we analyse the theory and the primary focus behind the inventor of Bitcoin. Then take a closer look at the possible candidates of the birth father of Blockchain in more depth. Next, we briefly analyse what the distributed ledger system is, and how it is operated. Followed by the introduction of the miners, who they are, and what is their responsibility. Then it moves on to the process of how each block gets created, then how they eventually create a chain, which we call Blockchain. We will also go into more detail of what security measurements we have in place on the Blockchain. Next, we will focus on the understanding of the reason why this technology will change the world, by looking at business purposes, and banking systems of the future. The second part of this book will cover advanced topics and the contents will get technical. We will discuss step-by-step how Blockchain attributes are working together. Blockchain is based on multiple existing technologies working together, and this book will reveal each of them for your understanding. Reading about each technology explained in this book will get you closer to mastering Blockchain and understand in depth how it improves data integrity, as well as enhances data security. It will then move on to explaining the advantages of terminating trusted third-party services and replacing them with mathematical algorithms and digital signatures. Next, it explains what 100% Data Availability is, using a fully decentralized peer-to-peer network, and how data will always be available. Finishing off, by explaining Lightning network and how its going to help us by using faster and cheaper payment transactions, and how employee payments can be made, not daily, but every second.

Book 2

Book 2 will dive into the details of Bitcoin, Bitcoin mining and Blockchain basics, so by the end of this book you become confident to have a decent discussion about any of these topics. First and foremost: What is Bitcoin right? Well, there are many ways to explain what it is, and I heard plenty of versions to be honest. Different people would explain in a different ways, but you really cant describe it one sentence. To explain what Bitcoin is, 5 minutes simply not enough. The Bitcoin industry has been grows and became so big, that even its one instrument, it described as a completely different asset. Traders look at it one way, investors look at it in another, but same applies to Bitcoin merchants, cryptocurrency exchanges, Bitcoin core developers, journalists, hedge funds, governments or regularity agencies such as SEC, CFTC, or FINZEN. But criminals and underground figures also using bitcoins for different purposes. Generally most people look at it as a medium of exchange, investment, trading asset, or store of value. In order to simplify what Bitcoin is, you might take into the consideration of the following: Bitcoin is a cryptocurrency, also in a category of digital assets. Bitcoin is a revolutionary technology which enables users to send payments over the internet, and because it uses computer hardware for its network in a decentralized manner, it also known as a peer-to-peer system. As a peer-to-peer system, it has no authority, therefore it can not be easily manipulated or duplicated. Each payment known as a Bitcoin Transaction, and once they are verified, they get recorded on its ledger system called blockchain. The reason we call the ledger system blockchain is because bitcoin transactions are gathered in a forms of blocks in about every 10 minutes, and because they create a chain of blocks, we began to call it blockchain. The Bitcoin blockchain, known as the ledger system, is open to the public, and every computer which is part of the network has a copy of the ledger. Each of those computers that reside on the network, are also responsible to verify transactions, which they get rewarded new bitcoins from the Bitcoin network. This process is actually called bitcoin mining, or just mining. To simplify it, mining is nothing but validating bitcoin transactions and getting reward for it from the network. Bitcoin miners are specialised computer hardware, and their main responsibility is to verify transactions. The system has been programmed, so that only 21 million bitcoins will be ever mined, and every 4 years the mining reward decreases. For this reason, it has a predicted supply, and its governed by scarcity, makes it valued like gold in a digital form. Bitcoin is the first of its kind, and often people describe it as money of the internet. The bitcoin supply is controlled by computers instead of banks, and this is also the reason once you have some bitcoins, you are your own bank. Anyone who has internet access can use it, and transfer any amount of money anywhere in the world anytime of the day without any intermediary. Bitcoin also known as an efficient accounting system, as its running automatically, without any human intervention, eliminating trusted third parties. Because the ledger system publically available, every bitcoin is accounted for, therefore its impossible to counterfeit or duplicate bitcoins on the network. Because if these properties, bitcoin is also known as a trusted payment system, or trusted money. Because the network is not controlled by anyone, there is no central point of failure; therefore it can not be shut down. Bitcoin exist since 2009, and the network has never been hacked. Bitcoin is transferable between 2 parties and can be used anonymously; all though it is not completely anonymous, so the best term to be used is that it is semi-anonymous. The bitcoin ledger contains all previously made transactions, so its a perfect decentralized accounting system in a human history that was ever created. Bitcoin has many services that people are interested, and One of the first ability that attracted a certain type of people was its decentralized nature. Over time, people began to take advantages of its anonymity and began to use it on the dark web, which wasnt ending well, and its value has decreased, but due to government regulations, bitcoin became legal to be used. In the early days of Bitcoin, the transactions had no fees, therefore another group of people began to take an interest, and started paying employees all over the world, or even used Bitcoin for donation purposes. Due to the continuous use cases, the demand for bitcoin has been grown, and people began to invest or even trade with it. This network effect has made Bitcoin to be even more visible to the public, and people began to use it as a store of value. At the end of 2017, CME and CBOE also taken a keen interests and started listing Bitcoin Futures, where qualified investors able to place bet on the upcoming price of bitcoin. It is fair to say that Bitcoin is used mainly for store of value, and this is due to its increasing value. As you see there is a huge industry revolving around Bitcoin, continuously making headlines in the media, even not everyone knows exactly what it is, or dont own any, but at least, most people already heard about it. In the following chapter I will dive into more details why Bitcoin can become the money of the future, so I will talk about its origin, and what was intention, or reason for the creation, then explain its main properties, so we can understand how useful is in our current society.