Author: Nate Silver
Publisher: Penguin
ISBN: 1594204128
Category : Business & Economics
Languages : en
Pages : 577
Book Description
The Instant New York Times Bestseller “Engaging and entertaining… a glimpse of the economy of the future.” —Tim Wu, New York Times Book Review From the New York Times bestselling author of The Signal and the Noise, the definitive guide to our era of risk—and the players raising the stakes In the bestselling The Signal and the Noise, Nate Silver showed how forecasting would define the age of Big Data. Now, in this timely and riveting new book, Silver investigates “the River,” the community of like-minded people whose mastery of risk allows them to shape—and dominate—so much of modern life. These professional risk-takers—poker players and hedge fund managers, crypto true believers and blue-chip art collectors—can teach us much about navigating the uncertainty of the twenty-first century. By immersing himself in the worlds of Doyle Brunson, Peter Thiel, Sam Bankman-Fried, Sam Altman, and many others, Silver offers insight into a range of issues that affect us all, from the frontiers of finance to the future of AI. Most of us don’t have traits commonly found in the River: high tolerance for risk, appreciation of uncertainty, affinity for numbers—paired with an instinctive distrust of conventional wisdom and a competitive drive so intense it can border on irrational. For those in the River, complexity is baked in, and the work is how to navigate it. People in the River have increasing amounts of wealth and power in our society, and understanding their mindset—and the flaws in their thinking— is key to understanding what drives technology and the global economy today. Taking us behind the scenes from casinos to venture capital firms, and from the FTX inner sanctum to meetings of the effective altruism movement, On the Edge is a deeply reported, all-access journey into a hidden world of power brokers and risk-takers.
On the Edge
Author: Nate Silver
Publisher: Penguin
ISBN: 1594204128
Category : Business & Economics
Languages : en
Pages : 577
Book Description
The Instant New York Times Bestseller “Engaging and entertaining… a glimpse of the economy of the future.” —Tim Wu, New York Times Book Review From the New York Times bestselling author of The Signal and the Noise, the definitive guide to our era of risk—and the players raising the stakes In the bestselling The Signal and the Noise, Nate Silver showed how forecasting would define the age of Big Data. Now, in this timely and riveting new book, Silver investigates “the River,” the community of like-minded people whose mastery of risk allows them to shape—and dominate—so much of modern life. These professional risk-takers—poker players and hedge fund managers, crypto true believers and blue-chip art collectors—can teach us much about navigating the uncertainty of the twenty-first century. By immersing himself in the worlds of Doyle Brunson, Peter Thiel, Sam Bankman-Fried, Sam Altman, and many others, Silver offers insight into a range of issues that affect us all, from the frontiers of finance to the future of AI. Most of us don’t have traits commonly found in the River: high tolerance for risk, appreciation of uncertainty, affinity for numbers—paired with an instinctive distrust of conventional wisdom and a competitive drive so intense it can border on irrational. For those in the River, complexity is baked in, and the work is how to navigate it. People in the River have increasing amounts of wealth and power in our society, and understanding their mindset—and the flaws in their thinking— is key to understanding what drives technology and the global economy today. Taking us behind the scenes from casinos to venture capital firms, and from the FTX inner sanctum to meetings of the effective altruism movement, On the Edge is a deeply reported, all-access journey into a hidden world of power brokers and risk-takers.
Publisher: Penguin
ISBN: 1594204128
Category : Business & Economics
Languages : en
Pages : 577
Book Description
The Instant New York Times Bestseller “Engaging and entertaining… a glimpse of the economy of the future.” —Tim Wu, New York Times Book Review From the New York Times bestselling author of The Signal and the Noise, the definitive guide to our era of risk—and the players raising the stakes In the bestselling The Signal and the Noise, Nate Silver showed how forecasting would define the age of Big Data. Now, in this timely and riveting new book, Silver investigates “the River,” the community of like-minded people whose mastery of risk allows them to shape—and dominate—so much of modern life. These professional risk-takers—poker players and hedge fund managers, crypto true believers and blue-chip art collectors—can teach us much about navigating the uncertainty of the twenty-first century. By immersing himself in the worlds of Doyle Brunson, Peter Thiel, Sam Bankman-Fried, Sam Altman, and many others, Silver offers insight into a range of issues that affect us all, from the frontiers of finance to the future of AI. Most of us don’t have traits commonly found in the River: high tolerance for risk, appreciation of uncertainty, affinity for numbers—paired with an instinctive distrust of conventional wisdom and a competitive drive so intense it can border on irrational. For those in the River, complexity is baked in, and the work is how to navigate it. People in the River have increasing amounts of wealth and power in our society, and understanding their mindset—and the flaws in their thinking— is key to understanding what drives technology and the global economy today. Taking us behind the scenes from casinos to venture capital firms, and from the FTX inner sanctum to meetings of the effective altruism movement, On the Edge is a deeply reported, all-access journey into a hidden world of power brokers and risk-takers.
Activist Retail Investors and the Future of Financial Markets
Author: Usman W. Chohan
Publisher: Taylor & Francis
ISBN: 1000860248
Category : Business & Economics
Languages : en
Pages : 237
Book Description
Contemporary financial markets have been characterized by sociocultural phenomena such as "meme stocks", the Gamestop short squeeze, and "You Only Live Once (YOLO) trading". These are movements led by small-scale retail investors banding together to participate forcefully in financial markets through decentralized but coordinated actions. This book deploys many different subdisciplines to explore the recent ‘power grabbing’ of retail investors and the online environment that enables them to join the ranks of major financial players, and participate in contemporary capitalism. It offers multiple perspectives on the genesis, role, motivations, power, and future prospects of retail investors as a force in contemporary financial markets. Drawing upon the insights of authors hailing from many different countries, the book frames YOLO capitalism through numerous angles that help to explain the context and the importance of activist retail investors in modern financial markets, and thereby explore the possibilities of a transformed financial future with much wider small-scale participation. The book assesses the potential of online - and other - communities in enabling global coordination in impacting or even driving financial and crypto markets, and the challenges that come with it and weighs the competing narratives both positive and negative regarding YOLO capitalism. It strikes a balanced assessment of their legal, cultural, behavioural, economic, and political roles in modern finance. This book will be of interest to a multidisciplinary and interdisciplinary audience of scholars in financial markets, financial regulation, political economy, public administration, macroeconomics, corporate governance, and the philosophy and the sociology of finance.
Publisher: Taylor & Francis
ISBN: 1000860248
Category : Business & Economics
Languages : en
Pages : 237
Book Description
Contemporary financial markets have been characterized by sociocultural phenomena such as "meme stocks", the Gamestop short squeeze, and "You Only Live Once (YOLO) trading". These are movements led by small-scale retail investors banding together to participate forcefully in financial markets through decentralized but coordinated actions. This book deploys many different subdisciplines to explore the recent ‘power grabbing’ of retail investors and the online environment that enables them to join the ranks of major financial players, and participate in contemporary capitalism. It offers multiple perspectives on the genesis, role, motivations, power, and future prospects of retail investors as a force in contemporary financial markets. Drawing upon the insights of authors hailing from many different countries, the book frames YOLO capitalism through numerous angles that help to explain the context and the importance of activist retail investors in modern financial markets, and thereby explore the possibilities of a transformed financial future with much wider small-scale participation. The book assesses the potential of online - and other - communities in enabling global coordination in impacting or even driving financial and crypto markets, and the challenges that come with it and weighs the competing narratives both positive and negative regarding YOLO capitalism. It strikes a balanced assessment of their legal, cultural, behavioural, economic, and political roles in modern finance. This book will be of interest to a multidisciplinary and interdisciplinary audience of scholars in financial markets, financial regulation, political economy, public administration, macroeconomics, corporate governance, and the philosophy and the sociology of finance.
Cryptomania
Author: Adhiraj Pal
Publisher: Notion Press
ISBN: 1638325987
Category : Business & Economics
Languages : en
Pages : 56
Book Description
This book is a One-Stop-Shop for Crypto Enthusiasts and even for the people who are curiously seeking knowledge about the Crypto world. This book is purely based on the Author’s research and experience in the Crypto market, the agenda of this book is to promote knowledge in the field of Crypto technology and what it is actually based on. Rather than approaching it as a gambling market, this book will help you to invest your thoughts in the Technology and the Revolution which the crypto world is setting for our future. The author has explained, “Who was the mystery man, SATOSHI NAKAMOTO?”, “Why was BITCOIN Created?”, “What is DOGECOIN?”, “How can one start their own Cryptocurrency?”, “Opinion of the Global Personalities on Cryptocurrency”, Is it a SCAM?”. To make the understanding of the purpose of Cryptocurrency better, the author has explained the concept of money and how it became so valuable. This book talks about the Blockchain technology, which the author thinks will revolutionize the Digital transactions of the world, as it has untapped potential and a lot to experiment with.
Publisher: Notion Press
ISBN: 1638325987
Category : Business & Economics
Languages : en
Pages : 56
Book Description
This book is a One-Stop-Shop for Crypto Enthusiasts and even for the people who are curiously seeking knowledge about the Crypto world. This book is purely based on the Author’s research and experience in the Crypto market, the agenda of this book is to promote knowledge in the field of Crypto technology and what it is actually based on. Rather than approaching it as a gambling market, this book will help you to invest your thoughts in the Technology and the Revolution which the crypto world is setting for our future. The author has explained, “Who was the mystery man, SATOSHI NAKAMOTO?”, “Why was BITCOIN Created?”, “What is DOGECOIN?”, “How can one start their own Cryptocurrency?”, “Opinion of the Global Personalities on Cryptocurrency”, Is it a SCAM?”. To make the understanding of the purpose of Cryptocurrency better, the author has explained the concept of money and how it became so valuable. This book talks about the Blockchain technology, which the author thinks will revolutionize the Digital transactions of the world, as it has untapped potential and a lot to experiment with.
More Than You Can Handle
Author: Miguel Sancho
Publisher: Penguin
ISBN: 0593421361
Category : Biography & Autobiography
Languages : en
Pages : 337
Book Description
Now in paperback. The personally harrowing and medically enthralling story of a family's struggle to save a child from a deadly immune deficiency. A journey through the deepest valleys and highest peaks of parenting. When a two-month-old baby falls ill, his apparently ordinary symptoms turn out to signal a rare and lethal immune deficiency. For parents Miguel Sancho and Felicia Morton, the discovery that their son, Sebastian, has chronic granulomatous disease (CGD) upends their lives and leaves the family with few options, all of them terrifying. With Sebastian at constant risk of deadly infection, they spend the next six years in some degree of self-quarantine, with all its attendant anxieties and stressors, as they struggle to keep their son alive, their marriage intact, and themselves sane. The quest for a cure leads them into the alternate universe of the rare-disease community, and to the cutting edge of modern medicine, as their personal crises send them fumbling through various modalities of self-help, including faith, therapy, and meditation. With brutal honesty, Sancho describes how his struggles derail his career, put his marriage on life support, get his family evicted from a Ronald McDonald House, and ruin a Make-A-Wish trip. Sancho's riveting tale of the diagnosis and treatment of his son's illness takes us deep inside the workings of the immune system, and into the radically innovative treatment used to repair it. Ultimately Sebastian is saved with a stem cell transplant using discarded umbilical cord blood, a groundbreaking technique pioneered and practiced by the medical wizards at Duke University Hospital. Deeply researched and darkly humorous, this is a wrenching tale with a triumphant ending.
Publisher: Penguin
ISBN: 0593421361
Category : Biography & Autobiography
Languages : en
Pages : 337
Book Description
Now in paperback. The personally harrowing and medically enthralling story of a family's struggle to save a child from a deadly immune deficiency. A journey through the deepest valleys and highest peaks of parenting. When a two-month-old baby falls ill, his apparently ordinary symptoms turn out to signal a rare and lethal immune deficiency. For parents Miguel Sancho and Felicia Morton, the discovery that their son, Sebastian, has chronic granulomatous disease (CGD) upends their lives and leaves the family with few options, all of them terrifying. With Sebastian at constant risk of deadly infection, they spend the next six years in some degree of self-quarantine, with all its attendant anxieties and stressors, as they struggle to keep their son alive, their marriage intact, and themselves sane. The quest for a cure leads them into the alternate universe of the rare-disease community, and to the cutting edge of modern medicine, as their personal crises send them fumbling through various modalities of self-help, including faith, therapy, and meditation. With brutal honesty, Sancho describes how his struggles derail his career, put his marriage on life support, get his family evicted from a Ronald McDonald House, and ruin a Make-A-Wish trip. Sancho's riveting tale of the diagnosis and treatment of his son's illness takes us deep inside the workings of the immune system, and into the radically innovative treatment used to repair it. Ultimately Sebastian is saved with a stem cell transplant using discarded umbilical cord blood, a groundbreaking technique pioneered and practiced by the medical wizards at Duke University Hospital. Deeply researched and darkly humorous, this is a wrenching tale with a triumphant ending.
The Myth and Propaganda of Black Buying Power
Author: Jared A. Ball
Publisher: Springer Nature
ISBN: 3031265491
Category : Business & Economics
Languages : en
Pages : 147
Book Description
The second edition of this Palgrave Pivot offers a history of and proof against claims of "buying power" and the impact this myth has had on understanding media, race, class and economics in the United States. For generations Black people have been told they have what is now said to be more than one trillion dollars of "buying power," and this book argues that commentators have misused this claim largely to blame Black communities for their own poverty based on squandered economic opportunity. This book exposes the claim as both a marketing strategy and myth, while also showing how that myth functions simultaneously as a case study for propaganda and commercial media coverage of economics. In sum, while “buying power” is indeed an economic and marketing phrase applied to any number of racial, ethnic, religious, gender, age or group of consumers, it has a specific application to Black America. A new foreword by Dr. Darrick Hamilton, Henry Cohen Professor of Economics and Urban Policy at the New School (in New York, USA), and a new chapter on cryptocurrencies are included in this new edition.
Publisher: Springer Nature
ISBN: 3031265491
Category : Business & Economics
Languages : en
Pages : 147
Book Description
The second edition of this Palgrave Pivot offers a history of and proof against claims of "buying power" and the impact this myth has had on understanding media, race, class and economics in the United States. For generations Black people have been told they have what is now said to be more than one trillion dollars of "buying power," and this book argues that commentators have misused this claim largely to blame Black communities for their own poverty based on squandered economic opportunity. This book exposes the claim as both a marketing strategy and myth, while also showing how that myth functions simultaneously as a case study for propaganda and commercial media coverage of economics. In sum, while “buying power” is indeed an economic and marketing phrase applied to any number of racial, ethnic, religious, gender, age or group of consumers, it has a specific application to Black America. A new foreword by Dr. Darrick Hamilton, Henry Cohen Professor of Economics and Urban Policy at the New School (in New York, USA), and a new chapter on cryptocurrencies are included in this new edition.
Cardano for the Masses
Author: John Greene
Publisher: John Greene
ISBN:
Category : Computers
Languages : en
Pages : 338
Book Description
*** Updated January 2024 *** Ada (ADA) is a native cryptocurrency that runs on Cardano, a third- generation, decentralized public blockchain that aims to protect user privacy, while remaining flexible for regulation. Cardano is spearheaded by Charles Hoskinson who began in crypto with his course Bitcoin or How I Learned to Stop Worrying and Love Crypto. He subsequently went on to be a co-founder of BitShares and Ethereum before co-founding Cardano in 2015. Cardano is named after Gerolamo Cardano, an influential mathematician in the Renaissance. The platform aims to solve three issues with traditional cryptocurrencies: Sustainability, Scalability & Interoperability. This book is mainly for Cardano newcomers. It does not go deep into the weeds of the technical research papers, nor explore concepts in great detail. The goal is to give a broad overview of Cardano with explainers from Everipedia and Charles Hoskinson quotes where relevant. "This is a super-impressive piece of work on #Cardano from John Greene. Congratulations. And thank you. Every self-respecting kindle (or bookshelf) needs to sport one this summer" - Tim Harrison, IOG VP Community & Ecosystem Communications "This is the Bible of Cardano" - Kristian Portz, NMKR COO "I love this book and you will too!" - Jason Appleton (Crypto Crow) "Thanks for making my dreams available to the masses" - Charles Hoskinson, IOG CEO & Founder For more details, see www.CardanoBook.com
Publisher: John Greene
ISBN:
Category : Computers
Languages : en
Pages : 338
Book Description
*** Updated January 2024 *** Ada (ADA) is a native cryptocurrency that runs on Cardano, a third- generation, decentralized public blockchain that aims to protect user privacy, while remaining flexible for regulation. Cardano is spearheaded by Charles Hoskinson who began in crypto with his course Bitcoin or How I Learned to Stop Worrying and Love Crypto. He subsequently went on to be a co-founder of BitShares and Ethereum before co-founding Cardano in 2015. Cardano is named after Gerolamo Cardano, an influential mathematician in the Renaissance. The platform aims to solve three issues with traditional cryptocurrencies: Sustainability, Scalability & Interoperability. This book is mainly for Cardano newcomers. It does not go deep into the weeds of the technical research papers, nor explore concepts in great detail. The goal is to give a broad overview of Cardano with explainers from Everipedia and Charles Hoskinson quotes where relevant. "This is a super-impressive piece of work on #Cardano from John Greene. Congratulations. And thank you. Every self-respecting kindle (or bookshelf) needs to sport one this summer" - Tim Harrison, IOG VP Community & Ecosystem Communications "This is the Bible of Cardano" - Kristian Portz, NMKR COO "I love this book and you will too!" - Jason Appleton (Crypto Crow) "Thanks for making my dreams available to the masses" - Charles Hoskinson, IOG CEO & Founder For more details, see www.CardanoBook.com
A Beginner's Guide to High-Risk, High-Reward Investing
Author: Robert Ross
Publisher: Simon and Schuster
ISBN: 1507218230
Category : Business & Economics
Languages : en
Pages : 256
Book Description
Make the best choices for your money and earn big with this guide to high-risk, high-reward investment strategies including options trading, investing in meme stocks, and the business of cryptocurrency. Your favorite sites are filled with the latest investment trends and stories of other people making bank by making smart moves in the market. But how can you get your own share of the wealth? A Beginner’s Guide to High-Risk, High-Reward Investing can help you make sense of trends, from short selling to cryptocurrency and “meme stock,” breaking down the buzzwords to give you hard facts about the opportunities and risks of fringe investment strategies. With advice from expert Robert Ross, this easy-to-follow investing guide gives you everything you need to determine which high-risk, high-reward investment strategies are the best fit for your portfolio.
Publisher: Simon and Schuster
ISBN: 1507218230
Category : Business & Economics
Languages : en
Pages : 256
Book Description
Make the best choices for your money and earn big with this guide to high-risk, high-reward investment strategies including options trading, investing in meme stocks, and the business of cryptocurrency. Your favorite sites are filled with the latest investment trends and stories of other people making bank by making smart moves in the market. But how can you get your own share of the wealth? A Beginner’s Guide to High-Risk, High-Reward Investing can help you make sense of trends, from short selling to cryptocurrency and “meme stock,” breaking down the buzzwords to give you hard facts about the opportunities and risks of fringe investment strategies. With advice from expert Robert Ross, this easy-to-follow investing guide gives you everything you need to determine which high-risk, high-reward investment strategies are the best fit for your portfolio.
Cryptocurrency Remote Viewed: The Top Twelve (2nd Edition)
Author: Kiwi Joe
Publisher: GONBooks
ISBN:
Category : Business & Economics
Languages : en
Pages : 195
Book Description
Kiwi Joe presents the best of his remote viewing analyses after targeting more than sixty-five of the top-ranking cryptocurrencies. The vast majority were ranked within the top 250 coins as of late 2020, according to market capitalization. The selection in the book represents his top picks, distinguished by the quality and accuracy of the remote viewing data. In the 2nd Edition of ‘The Top Twelve,’ you will find a new preface and three additional chapters, making a total of 16 picks that highlight the precision of Kiwi Joe's remote viewing insights. Now is an opportune time to embark on your cryptocurrency exploration. You may find undervalued prospects in the current market. These selections are culled from all seven books in the series. The crypto projects that Kiwi Joe's data suggest will excel amidst the vast array of less promising options. This kind of information can be instrumental in focusing your research on the most promising cryptocurrencies. Kiwi Joe’s remote viewing data might reveal insights that are elusive in conventional sources, giving your research an advantageous edge! Along with the raw data and insights, each analysis chapter provides background to the coin or tokens, including who is behind the project, the aims and goals of the development team, and significant events since the launch of the project, as well as important links. Remote viewing is a skill based on a strict protocol that leverages a fundamental ability innate to all humans. Each of us possesses a degree of ESP, often experienced as intuition. Imagine enhancing this natural capability through disciplined training, akin to a martial artist mastering the body to transcend physical and mental limits. Developed by the Defense Intelligence Agency (DIA) and the Stanford Research Institute (SRI) in the 1970s, remote viewing represents a structured method to harness this intrinsic human potential.
Publisher: GONBooks
ISBN:
Category : Business & Economics
Languages : en
Pages : 195
Book Description
Kiwi Joe presents the best of his remote viewing analyses after targeting more than sixty-five of the top-ranking cryptocurrencies. The vast majority were ranked within the top 250 coins as of late 2020, according to market capitalization. The selection in the book represents his top picks, distinguished by the quality and accuracy of the remote viewing data. In the 2nd Edition of ‘The Top Twelve,’ you will find a new preface and three additional chapters, making a total of 16 picks that highlight the precision of Kiwi Joe's remote viewing insights. Now is an opportune time to embark on your cryptocurrency exploration. You may find undervalued prospects in the current market. These selections are culled from all seven books in the series. The crypto projects that Kiwi Joe's data suggest will excel amidst the vast array of less promising options. This kind of information can be instrumental in focusing your research on the most promising cryptocurrencies. Kiwi Joe’s remote viewing data might reveal insights that are elusive in conventional sources, giving your research an advantageous edge! Along with the raw data and insights, each analysis chapter provides background to the coin or tokens, including who is behind the project, the aims and goals of the development team, and significant events since the launch of the project, as well as important links. Remote viewing is a skill based on a strict protocol that leverages a fundamental ability innate to all humans. Each of us possesses a degree of ESP, often experienced as intuition. Imagine enhancing this natural capability through disciplined training, akin to a martial artist mastering the body to transcend physical and mental limits. Developed by the Defense Intelligence Agency (DIA) and the Stanford Research Institute (SRI) in the 1970s, remote viewing represents a structured method to harness this intrinsic human potential.
From Hoodies to Suits
Author: Annelise Osborne
Publisher: John Wiley & Sons
ISBN: 1394231822
Category : Business & Economics
Languages : en
Pages : 278
Book Description
Learn how digital asset technologies can be applied to the regulated, traditional finance industry for improved performance and returns In From Hoodies to Suits: Innovating Digital Assets for Traditional Finance, leading finance innovator Annelise Osborne bridges the gap between the “hoodies” who invented the technology behind digital assets and the “suits” who run traditional financial markets, in an entertaining and insightful guide for implementing digital assets in an institutional environment. You’ll discover the possibilities unlocked by new technological advancements, including alternative investments, new marketplaces, interoperability between counterparties, and even improved forms of diversification. You’ll also find: Discussions of why the adoption of digital assets is so critical for the future of finance and the ways the industry’s largest players are implementing its technologies and concepts now Explorations of what we can learn from some of the crypto industry’s most infamous and well-known wins and losses, including the collapse of FTX Strategies for implementing institutional digital assets to realize opportunities in private markets, funds, debt, repo, alternative assets and back office transactions in this evolving and dynamic financial environment A fascinating new take on the future of finance, From Hoodies to Suits is a must-read guide for aspiring and practicing finance professionals, technology developers, fintech participants, and anyone else with an interest in the intersection of finance and technology.
Publisher: John Wiley & Sons
ISBN: 1394231822
Category : Business & Economics
Languages : en
Pages : 278
Book Description
Learn how digital asset technologies can be applied to the regulated, traditional finance industry for improved performance and returns In From Hoodies to Suits: Innovating Digital Assets for Traditional Finance, leading finance innovator Annelise Osborne bridges the gap between the “hoodies” who invented the technology behind digital assets and the “suits” who run traditional financial markets, in an entertaining and insightful guide for implementing digital assets in an institutional environment. You’ll discover the possibilities unlocked by new technological advancements, including alternative investments, new marketplaces, interoperability between counterparties, and even improved forms of diversification. You’ll also find: Discussions of why the adoption of digital assets is so critical for the future of finance and the ways the industry’s largest players are implementing its technologies and concepts now Explorations of what we can learn from some of the crypto industry’s most infamous and well-known wins and losses, including the collapse of FTX Strategies for implementing institutional digital assets to realize opportunities in private markets, funds, debt, repo, alternative assets and back office transactions in this evolving and dynamic financial environment A fascinating new take on the future of finance, From Hoodies to Suits is a must-read guide for aspiring and practicing finance professionals, technology developers, fintech participants, and anyone else with an interest in the intersection of finance and technology.
BLOCKCHAIN FUNDAMENTALS CORE AND CONCEPTS AND DECENTRALIZED LEDGER TECHNOLOGY
Author: Mr. Gunawan Widjaja
Publisher: Xoffencerpublication
ISBN: 8119534301
Category : Computers
Languages : en
Pages : 212
Book Description
Let's take a look at the beginnings of the technology that is now known as blockchain before delving into the specifics of how the blockchain works and the various other components of it. In 1991, a team of academic academics was the first to present the intellectual framework that underpins blockchain technology. The concept was first conceived for the purpose of time-stamping digital documents in such a way that it would be impossible to retroactively change their dates afterward. Despite this, the concept was mostly ignored until Satoshi Nakamoto brought it up once more in the white paper he published. It is possible that this is the first time in the history of the world that the creator of a game-changing technology has chosen to remain fully nameless. An unknown individual or group is said to be behind the creation of the first blockchain, which was Bitcoin. This person or group goes by the name Satoshi Nakamoto. 2009 marked the year when Bitcoin became the world's first cryptocurrency to use a blockchain. In the years that followed, bitcoin gained traction, and the technology that it was based on went on to gain an even greater following. Therefore, the uncertainty and lack of clarity among people began at the very beginning of the phenomenon itself; a product and the terminology associated with it became viral before the technology that underpinned it. And when the blockchain exhibited its true potential, people were attempting to associate it with the terminology of bitcoin, which resulted in a complete misunderstanding and confusion on everyone's part. On the other hand, you should begin with blockchain and work your way up to trying to grasp bitcoin. Before delving further into the particulars of the technology, there is another issue that has to be answered first. In order to label a piece of technology as revolutionary, it must, of course, offer significant advantages over previously existing technologies. The following are some advantages that blockchain technology has over pre-existing solutions in various industries: What is Blockchain? When we look at the data structure, data distribution, data validation (which refers to the authentication of a piece of data in blockchain), and other associated terminology of blockchain, we can get a good understanding of the characteristics. IBM defines blockchain as a shared and distributed ledger that makes it easier to record transactions and keep track of assets inside a network. Blockchain was developed by the company IBM. The asset might be a tangible one such as a piece of real estate, a house, or a vehicle, or it could be an intangible one such as digital money, the rights to intellectual property, or something similar. In its most basic form, it takes care of storing data and tracking where it goes throughout a decentralised network. Let's check at its specifics. On a P2P network, it functions as either a decentralised database or a public register that maintains information on assets and the transactions involving those assets. The use of encryption will be employed to ensure the safety of each transaction, and at some point in the future, the history of all transactions will be compiled into blocks of data and stored away. After that, the blocks are protected against alteration and connected to one another through the use of cryptography. The entirety of the procedure will result in the production of an unalterable and unfalsifiable record of the transactions that took place throughout the network. In addition to this, blocks of records are duplicated to all of the computers that are participating in the network, making it possible for everyone to have access to it. The fact that blockchain can store any form of asset together with facts about its ownership, a history of that ownership, and the placement of assets within the network is one of the technology's most significant advantages. Whether it be the virtual currency bitcoin or any other type of digital asset such as a certificate, personal information, a contract, title of ownership of intellectual property, or even the physical things themselves, digital assets may be used to store and transfer value. The most significant aspect of Blockchain is its ability to enable the creation of a shared reality between entities that cannot be trusted. That is to say that none of these participating nodes in the network are required to know or trust one another because each node possesses the capability to independently monitor and validate the chain. It's a cruel twist of fate that participants' inherent mistrust of one another is what ultimately ensures the blockchain's integrity and veracity.
Publisher: Xoffencerpublication
ISBN: 8119534301
Category : Computers
Languages : en
Pages : 212
Book Description
Let's take a look at the beginnings of the technology that is now known as blockchain before delving into the specifics of how the blockchain works and the various other components of it. In 1991, a team of academic academics was the first to present the intellectual framework that underpins blockchain technology. The concept was first conceived for the purpose of time-stamping digital documents in such a way that it would be impossible to retroactively change their dates afterward. Despite this, the concept was mostly ignored until Satoshi Nakamoto brought it up once more in the white paper he published. It is possible that this is the first time in the history of the world that the creator of a game-changing technology has chosen to remain fully nameless. An unknown individual or group is said to be behind the creation of the first blockchain, which was Bitcoin. This person or group goes by the name Satoshi Nakamoto. 2009 marked the year when Bitcoin became the world's first cryptocurrency to use a blockchain. In the years that followed, bitcoin gained traction, and the technology that it was based on went on to gain an even greater following. Therefore, the uncertainty and lack of clarity among people began at the very beginning of the phenomenon itself; a product and the terminology associated with it became viral before the technology that underpinned it. And when the blockchain exhibited its true potential, people were attempting to associate it with the terminology of bitcoin, which resulted in a complete misunderstanding and confusion on everyone's part. On the other hand, you should begin with blockchain and work your way up to trying to grasp bitcoin. Before delving further into the particulars of the technology, there is another issue that has to be answered first. In order to label a piece of technology as revolutionary, it must, of course, offer significant advantages over previously existing technologies. The following are some advantages that blockchain technology has over pre-existing solutions in various industries: What is Blockchain? When we look at the data structure, data distribution, data validation (which refers to the authentication of a piece of data in blockchain), and other associated terminology of blockchain, we can get a good understanding of the characteristics. IBM defines blockchain as a shared and distributed ledger that makes it easier to record transactions and keep track of assets inside a network. Blockchain was developed by the company IBM. The asset might be a tangible one such as a piece of real estate, a house, or a vehicle, or it could be an intangible one such as digital money, the rights to intellectual property, or something similar. In its most basic form, it takes care of storing data and tracking where it goes throughout a decentralised network. Let's check at its specifics. On a P2P network, it functions as either a decentralised database or a public register that maintains information on assets and the transactions involving those assets. The use of encryption will be employed to ensure the safety of each transaction, and at some point in the future, the history of all transactions will be compiled into blocks of data and stored away. After that, the blocks are protected against alteration and connected to one another through the use of cryptography. The entirety of the procedure will result in the production of an unalterable and unfalsifiable record of the transactions that took place throughout the network. In addition to this, blocks of records are duplicated to all of the computers that are participating in the network, making it possible for everyone to have access to it. The fact that blockchain can store any form of asset together with facts about its ownership, a history of that ownership, and the placement of assets within the network is one of the technology's most significant advantages. Whether it be the virtual currency bitcoin or any other type of digital asset such as a certificate, personal information, a contract, title of ownership of intellectual property, or even the physical things themselves, digital assets may be used to store and transfer value. The most significant aspect of Blockchain is its ability to enable the creation of a shared reality between entities that cannot be trusted. That is to say that none of these participating nodes in the network are required to know or trust one another because each node possesses the capability to independently monitor and validate the chain. It's a cruel twist of fate that participants' inherent mistrust of one another is what ultimately ensures the blockchain's integrity and veracity.