Understanding Bitcoin - (Wiley Finance) by Pedro Franco (Hardcover)
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<p/><br></br><p><b> Book Synopsis </b></p></br></br><b>Discover Bitcoin, the cryptocurrency that has the finance world buzzing</b> <p>Bitcoin is arguably one of the biggest developments in finance since the advent of fiat currency. With <i>Understanding Bitcoin</i>, expert author Pedro Franco provides finance professionals with a complete technical guide and resource to the cryptography, engineering and economic development of Bitcoin and other cryptocurrencies. This comprehensive, yet accessible work fully explores the supporting economic realities and technological advances of Bitcoin, and presents positive and negative arguments from various economic schools regarding its continued viability.</p> <p>This authoritative text provides a step-by-step description of how Bitcoin works, starting with public key cryptography and moving on to explain transaction processing, the blockchain and mining technologies. This vital resource reviews Bitcoin from the broader perspective of digital currencies and explores historical attempts at cryptographic currencies. Bitcoin is, after all, not just a digital currency; it's a modern approach to the secure transfer of value using cryptography. This book is a detailed guide to what it is, how it works, and how it just may jumpstart a change in the way digital value changes hands.</p> <ul> <li>Understand how Bitcoin works, and the technology behind it</li> <li>Delve into the economics of Bitcoin, and its impact on the financial industry</li> <li>Discover alt-coins and other available cryptocurrencies</li> <li>Explore the ideas behind Bitcoin 2.0 technologies</li> <li>Learn transaction protocols, micropayment channels, atomic cross-chain trading, and more</li> </ul> <p>Bitcoin challenges the basic assumption under which the current financial system rests: that currencies are issued by central governments, and their supply is managed by central banks. To fully understand this revolutionary technology, <i>Understanding Bitcoin</i> is a uniquely complete, reader-friendly guide.</p><p/><br></br><p><b> From the Back Cover </b></p></br></br><p><b>Praise for Understanding Bitcoin</b></p> <p>This book is a one stop source for much-needed information about cryptocurrencies. Finally a single resource for everyone who wants to understand Bitcoin, the technologies it is based on and it's whole surrounding ecosystem. No more googling around and going through wikis and forums.<br /> <b>--Pavol stick Rusnak, </b> Core developer of TREZOR</p> <p>Bitcoin is a large domain encompassing many diverse areas of expertise. Franco's <i>Understanding Bitcoin: Cryptography, Engineering and Economics</i> is a welcome endeavour which provides a coherent picture of the framework. His book is a timely reference guide for a hot, quickly evolving, crucially relevant subject.<br /> <b>--Prof. Ferdinando M. Ametrano, </b> QuantLib, Hayek Money, Milan Bicocca University, Banca IMI IntesaSanpaolo</p> <p>Anyone interested in electronic payments will treasure this book for its depth and breadth, as it covers a very wide range of topics ranging from cryptography to software engineering to monetary economics. Pedro has created a comprehensive and very accessible introduction to the world of cryptocurrencies, which is very fun to read.<br /> <b>--Jan Pelzl, </b> Author of <i>Understanding Cryptography</i></p> <p>Bitcoin is a challenging subject for most people to wrap their heads around. <i>Understanding Bitcoin: Cryptography, Engineering and Economics</i> offers a simple and understandable glimpse into the world of bitcoin that anyone can follow. The book not only explores Bitcoin's potential to transform commerce, but also it's potential to reshape the Internet itself. It's a must read for anyone looking to learn about Bitcoin.<br /> <b>--Stephen Pair, </b> BitPay co-founder and CEO</p><p/><br></br><p><b> About the Author </b></p></br></br><p><b>PEDRO FRANCO</b> holds an MSc in Electrical Engineering from ICAI, a BSc in Economics and an MBA from INSEAD. He has been a consultant with McKinsey and Boston Consulting Group, as well as a researcher with IIT, prior to gaining more than 10 years of experience in financial markets, holding Quant and Trading positions in Credit, Counterparty Risk, Inflation and Interest Rates. He has created various mathematical libraries for financial derivatives, and managed teams of software developers. He can be contacted at pfrancobtc@gmail.com.</p>
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