Blockchain Basics Explained: The Definitive Beginner's Guide to Blockchain Technology and Cryptocurrencies, Smart Contracts, Wallets, Mining, ICO,, Paperback/Tom Wolfe

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Description Have you heard about Cryptocurrency or Blockchain Technology, but you are still vague about what they are and how they work?Then this book is for you Blockchain Technology is the most significant innovation since the internet and it is about to take the world by storm. Blockchains will completely change the way that our Governments, Financial Institutions, and Health and Business Systems across the globe process transactions and exchange information. This revolutionary new technology is a multi-purpose tool which can be used in countless applications and will soon impact upon every single one of us from all walks of life. Blockchain Basics Explained provides concise information on all aspects of Blockchains, Wallets, Mining, Smart Contracts and ICO's. In addition, this book will provide practical guidance and instruction on working with blockchains and how to buy, store and invest in cryptocurrencies including Bitcoin, Ethereum, Litecoin and Ripple. You will also discover how to spot and avoid scams. Unlike other books on these subjects, no fancy formulas or technical jargon is used, and no previous experience of any of the topics is required. Inside you will learn the answers to; Are Cryptocurrencies a sound investment?What is a Block and how is it made?How do Blockchain components interact?What problems does Blockchain solve?What started the Blockchain Revolution?Why are current Financial Services disrupted?Could Blockchain Technology replace our institutions altogether?What are the main Blockchain pros and cons?What is the truth behind Blockchain myths?What are the Blockchain main application scenarios?Why is Ethereum relevant?What is the Bitcoin story?How secure are your Bitcoins?What is Litecoin and how can it be used?What are the alternative Blockchains?Smart Contracts explained. What are they and are they legally binding?How does mining work and is it necessary?Where does Ripple come into this?What is ICO and how does it work?What are Wallets and what