Bitcoin for the Befuddled

Bitcoin for the Befuddled

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Unless youa€™ve been living under a rock for the last couple of years, youa€™ve probably heard of Bitcoina€”the game-changing digital currency used by millions worldwide. But Bitcoin isn't just another way to buy stuff. Ita€™s an anonymous, revolutionary, cryptographically secure currency that functions without the oversight of a central authority or government. If you want to get into the Bitcoin game but find yourself a little confused, Bitcoin for the AsBefuddled may be just what youa€™re looking for. Learn what Bitcoin is; how it works; and how to acquire, store, and spend bitcoins safely and securely. You'll also learn: Bitcoina€™s underlying cryptographic principles, and how bitcoins are createdThe history of Bitcoin and its potential impact on trade and commerceAll about the blockchain, the public ledger of Bitcoin transactionsHow to choose a bitcoin wallet thata€™s safe and easy to useHow to accept bitcoins as payment in your physical store or on your websiteAdvanced topics, including Bitcoin mining and Bitcoin programming With its non-technical language and patient, step-by-step approach to this fascinating currency, Bitcoin for the Befuddled is your ticket to getting started with Bitcoin. Get out from under the rock and get in the Bitcoin game. Just make sure not to lose your shirt.All the waiters in the restaurant have Bitcoin wallets on their phones to accept payments. ... Clearly, it would be very convenient if Lisa could set up this system, but it seems like it would be a technical challenge: Every waiter would need the ability to create tons of new Bitcoin addresses on ... In Chapter 7, we explained that given a secret private key, d (leta#39;s call this a master private key), the correspondinganbsp;...

Title:Bitcoin for the Befuddled
Author: Conrad Barski, Chris Wilmer
Publisher:No Starch Press - 2014-11-14

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