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Blocks and Chains - Introduction to Bitcoin, Cryptocurrencies, and Their Consensus Mechanisms (Paperback)
Loot Price: R1,063
Discovery Miles 10 630
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Blocks and Chains - Introduction to Bitcoin, Cryptocurrencies, and Their Consensus Mechanisms (Paperback)
Series: Synthesis Lectures on Information Security, Privacy, and Trust
Expected to ship within 10 - 15 working days
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The new field of cryptographic currencies and consensus ledgers,
commonly referred to as blockchains, is receiving increasing
interest from various different communities. These communities are
very diverse and amongst others include: technical enthusiasts,
activist groups, researchers from various disciplines, start ups,
large enterprises, public authorities, banks, financial regulators,
business men, investors, and also criminals. The scientific
community adapted relatively slowly to this emerging and
fast-moving field of cryptographic currencies and consensus
ledgers. This was one reason that, for quite a while, the only
resources available have been the Bitcoin source code, blog and
forum posts, mailing lists, and other online publications. Also the
original Bitcoin paper which initiated the hype was published
online without any prior peer review. Following the original
publication spirit of the Bitcoin paper, a lot of innovation in
this field has repeatedly come from the community itself in the
form of online publications and online conversations instead of
established peer-reviewed scientific publishing. On the one side,
this spirit of fast free software development, combined with the
business aspects of cryptographic currencies, as well as the
interests of today's time-to-market focused industry, produced a
flood of publications, whitepapers, and prototypes. On the other
side, this has led to deficits in systematization and a gap between
practice and the theoretical understanding of this new field. This
book aims to further close this gap and presents a well-structured
overview of this broad field from a technical viewpoint. The
archetype for modern cryptographic currencies and consensus ledgers
is Bitcoin and its underlying Nakamoto consensus. Therefore we
describe the inner workings of this protocol in great detail and
discuss its relations to other derived systems.
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