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Mastering Bitcoin: Programming the Open Blockchain Mastering Bitcoin: Programming the Open Blockchain Paperback Kindle

Brand: Andreas M. Antonopoulos

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Mastering Bitcoin: Programming the Open Blockchain Mastering Bitcoin: Programming the Open Blockchain Paperback Kindle

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PRODUCT FEATURES

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Product Specifications

Publisher: O'Reilly Media; 3rd edition (December 12, 2023)
Language: English
Paperback: 400 pages
ISBN-10: 1098150090
ISBN-13: 978-1098150099
Item Weight: 1.41 pounds
Dimensions: 7 x 0.82 x 9.19 inches
Best Sellers Rank: #144,524 in Books (See Top 100 in Books) #17 in E-Commerce (Books) #88 in Digital Currencies #257 in E-commerce Professional (Books)
Customer Reviews: 4.8 out of 5 stars 22Reviews

Product Information

From the Publisher

From the Preface

Bitcoin consists of:

A decentralized peer-to-peer network (the Bitcoin protocol)
A public transaction journal (the blockchain)
A set of rules for independent transaction validation and currency issuance (consensus rules)
A mechanism for reaching global decentralized consensus on the valid blockchain (proof-of-work algorithm)

Mastering Bitcoin: Programming the Open Blockchain

Intended Audience

This book is mostly intended for coders. If you can use a programming language, this book will teach you how cryptographic currencies work, how to use them, and how to develop software that works with them. The first few chapters are also suitable as an in-depth introduction to Bitcoin for noncoders—those trying to understand the inner workings of Bitcoin and cryptocurrencies.

This book covers:

A broad introduction to Bitcoin and its underlying blockchain—ideal for nontechnical users, investors, and business executives
An explanation of Bitcoin's technical foundation and cryptographic currency for developers, engineers, and software and systems architects
Details of the Bitcoin decentralized network, peer-to-peer architecture, transaction lifecycle, and security principles
New developments such as Taproot, Tapscript, Schnorr signatures, and the Lightning Network
A deep dive into Bitcoin applications, including how to combine the building blocks offered by this platform into powerful new tools
User stories, analogies, examples, and code snippets illustrating key technical concepts

Why Are There Bugs on the Cover?

The leafcutter ant is a species that exhibits highly complex behavior in a colony super-organism, but each individual ant operates on a set of simple rules driven by social interaction and the exchange of chemical scents (pheromones). Per Wikipedia: “Next to humans, leafcutter ants form the largest and most complex animal societies on Earth.” Leafcutter ants don’t actually eat leaves, but rather use them to farm a fungus, which is the central food source for the colony. Get that? These ants are farming!

Although ants form a caste-based society and have a queen for producing offspring, there is no central authority or leader in an ant colony. The highly intelligent and sophisticated behavior exhibited by a multimillion-member colony is an emergent property from the interaction of the individuals in a social network.

Nature demonstrates that decentralized systems can be resilient and can produce emergent complexity and incredible sophistication without the need for a central authority, hierarchy, or complex parts.

Bitcoin is a highly sophisticated decentralized trust network that can support myriad financial processes. Yet, each node in the Bitcoin network follows a few simple rules. The interaction between many nodes is what leads to the emergence of the sophisticated behavior, not any inherent complexity or trust in any single node. Like an ant colony, the Bitcoin network is a resilient network of simple nodes following simple rules that together can do amazing things without any central coordination.

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