Bitcoin: The beginner's handbook (Paperback) (ISBN-13: 9798706978983)

In recent years we saw technology making massive changes and disrupting several aspects of our lives. With the internet, we gained a more connected world, and smartphones made that mobile in an unprecedented way. Now, it is time to shake our financial system with the latest revolution and evolution with Bitcoin.Do you know what Bitcoin is and how to use it? It is a digital currency that exists only in computers spread across the world in a Blockchain. The technology behind Bitcoin can disrupt many types of traditional business with better security and efficiency.Suppose you are new to the world of Cryptocurrencies and Bitcoin. In that case, we will give you the information necessary to start using the currency and explain how to manage your digital wallet. You will learn how an exchange works and when you should use them.Here is a list of topics covered in the book: - What is Bitcoin?- The birth of Bitcoin- Bitcoin and cryptography- Bitcoin and privacy- The past and future of Bitcoin pricing- How Bitcoin works- Relation between Bitcoins and the Blockchain- How the Blockchain works- Tools to explore the Blockchain- The irreversible nature of a Blockchain- Security behind a Blockchain- How the cryptocurrency wallet works- Relation between Bitcoins and a wallet- How the Public and Private Keys works- Is Bitcoin a messaging system?- Creating your first wallet- Why not use Bitcoin Core as your wallet?- When to use multiple wallets- How to choose and types of wallets- How to use mnemonic phrases to recover a wallet?- Using Desktop wallets- Using Mobile wallets- Using Web-based wallets- Using hardware wallets- Using paper wallets- How to manage Bitcoins in a wallet- Sending and receiving Bitcoins- Bitcoin fees: How to calculate and estimate fees- The benefits of SegWit transactions- Manipulating fees to change conformation speeds- How mining works?- Should you start mining?- Is it possible to make money mining?- Using an exchange- What is the KYC initiative?- The risks of using an exchange- The Bitcoin security- Private Keys and recovery phrases importance- The weal link in Bitcoin security- How to create a recovery plan- Planning for your heirs- The cryptocurrency ecosystem- How to extend the value of a cryptocurrency- What are stable coins?Are you ready to start using Bitcoins

Author: Allan Brito
ISBN-13: 9798706978983
Publisher: Independently Published
Language: English
Published: 02/09/2021
Pages: 234
Format: Paperback
Weight: 0.90lbs
Size: 9.25h x 7.50w x 0.49d