Read In Crypto We Trust: The Origins and Future of a Cultural Revolution

In Crypto We Trust: The Origins and Future of a Cultural Revolution

Shivam Singh

4.9/5 (20092 ratings)

Description:From the first bitcoin transaction of 10k for two Papa John's pizzas to $60k+ BTC and maybe the moon beyond, we cover the whole crazy, improbable journey of how a single 8-page PDF document changed the world of money — and perhaps the world itself — forever.We are talking about the single greatest 10-year investment return in human history—Bitcoin. In just over a decade, it has gone from less than 1¢ per bitcoin to over $60,000—a 6,000,000X investment return. Whether you are HODLing on for dear life and riding it to the moon, or whether you think this whole thing is a crazy bubble that's about to pop, there is no denying the unbelievable cleverness of the invention, of all the math and mechanism behind the Bitcoin protocol itself.It is truly a beautiful and ingenious system, but by who? We don't even really know who invented it. We will start this book by diving into the complete history behind the creation of Bitcoin by the pseudonymous Satoshi Nakamoto, the different factions that pushed it to evolve to its several chapters since 2009 into the mainstream today.It seems only appropriate to follow it up with Ethereum. As you all know, from our Bitcoin part, Bitcoin is some combination of currency, a store of value, a medium of exchange, which all frankly are up for debate if it's doing a good job at any or all of those things. As many of you have bought or sold cryptocurrencies over the past few years now, there has been a big second game in town with ether, ETH, the token used as a currency in the Ethereum network. This time, it's not just about currency. Ethereum is something completely different. You can think of it more as a gigantic distributed computer that exists all around the globe, in a completely decentralized way.It is one single virtual machine that runs across millions of CPUs, all at the same time. Albeit on one very slow virtual machine. There is a strong argument to be made that this enormous tamper-proof, censorship-proof computer is maybe the most important invention of the last decade, laying the groundwork for technology companies to come for the next several decades.If you thought Mark Zuckerberg IPO-ing Facebook at $100B by age 27 was something, wait until you hear the story of this high school junior creating $500B of market cap by the same age. While there are kittens and rainbows everywhere you look in Ethereum land, there were some absolutely wild stories that transpired to bring us to where we are today.Our previous book covered the history of Ethereum, what it is, and of course, they speculated on its future. At the end of the part, the big outstanding point was that this decentralized world computer has gotten really slow and expensive with all this excitement around DeFi, NFTs, and decentralized apps.If you follow crypto even at a cursory level, you've likely heard of Solana and its ability to scale transactions thousands of times higher than Ethereum. And, unlike other so-called "ETH killers", Solana is doing so in production today with large and real applications. In the last part, we will get into what Solana is, why it exists, what problems it's solving, why there's a need for another layer one, sort of base layer protocols out there in crypto besides Ethereum.We have made it easy for you to find a PDF Ebooks without any digging. And by having access to our ebooks online or by storing it on your computer, you have convenient answers with In Crypto We Trust: The Origins and Future of a Cultural Revolution. To get started finding In Crypto We Trust: The Origins and Future of a Cultural Revolution, you are right to find our website which has a comprehensive collection of manuals listed.
Our library is the biggest of these that have literally hundreds of thousands of different products represented.

Pages: —

Format: PDF, EPUB & Kindle Edition

Publisher: —

Release: 2022

ISBN

Description: From the first bitcoin transaction of 10k for two Papa John's pizzas to $60k+ BTC and maybe the moon beyond, we cover the whole crazy, improbable journey of how a single 8-page PDF document changed the world of money — and perhaps the world itself — forever.We are talking about the single greatest 10-year investment return in human history—Bitcoin. In just over a decade, it has gone from less than 1¢ per bitcoin to over $60,000—a 6,000,000X investment return. Whether you are HODLing on for dear life and riding it to the moon, or whether you think this whole thing is a crazy bubble that's about to pop, there is no denying the unbelievable cleverness of the invention, of all the math and mechanism behind the Bitcoin protocol itself.It is truly a beautiful and ingenious system, but by who? We don't even really know who invented it. We will start this book by diving into the complete history behind the creation of Bitcoin by the pseudonymous Satoshi Nakamoto, the different factions that pushed it to evolve to its several chapters since 2009 into the mainstream today.It seems only appropriate to follow it up with Ethereum. As you all know, from our Bitcoin part, Bitcoin is some combination of currency, a store of value, a medium of exchange, which all frankly are up for debate if it's doing a good job at any or all of those things. As many of you have bought or sold cryptocurrencies over the past few years now, there has been a big second game in town with ether, ETH, the token used as a currency in the Ethereum network. This time, it's not just about currency. Ethereum is something completely different. You can think of it more as a gigantic distributed computer that exists all around the globe, in a completely decentralized way.It is one single virtual machine that runs across millions of CPUs, all at the same time. Albeit on one very slow virtual machine. There is a strong argument to be made that this enormous tamper-proof, censorship-proof computer is maybe the most important invention of the last decade, laying the groundwork for technology companies to come for the next several decades.If you thought Mark Zuckerberg IPO-ing Facebook at $100B by age 27 was something, wait until you hear the story of this high school junior creating $500B of market cap by the same age. While there are kittens and rainbows everywhere you look in Ethereum land, there were some absolutely wild stories that transpired to bring us to where we are today.Our previous book covered the history of Ethereum, what it is, and of course, they speculated on its future. At the end of the part, the big outstanding point was that this decentralized world computer has gotten really slow and expensive with all this excitement around DeFi, NFTs, and decentralized apps.If you follow crypto even at a cursory level, you've likely heard of Solana and its ability to scale transactions thousands of times higher than Ethereum. And, unlike other so-called "ETH killers", Solana is doing so in production today with large and real applications. In the last part, we will get into what Solana is, why it exists, what problems it's solving, why there's a need for another layer one, sort of base layer protocols out there in crypto besides Ethereum.We have made it easy for you to find a PDF Ebooks without any digging. And by having access to our ebooks online or by storing it on your computer, you have convenient answers with In Crypto We Trust: The Origins and Future of a Cultural Revolution. To get started finding In Crypto We Trust: The Origins and Future of a Cultural Revolution, you are right to find our website which has a comprehensive collection of manuals listed.
Our library is the biggest of these that have literally hundreds of thousands of different products represented.

Special Offer | $0.00

Special Offer! | $0.00

In Crypto We Trust: The Origins and Future of a Cultural Revolution

In Crypto We Trust: The Origins and Future of a Cultural Revolution

More Books

How to Win an Indian Election

How to Win an Indian Election

Introduction to System Design

Introduction to System Design

The Art Of Conjuring Alternate Realities: How Information Warfare Shapes Your World

The Art Of Conjuring Alternate Realities: How Information Warfare Shapes Your World

Just Enough Tech: All the technical knowledge you need to succeed in any Tech industry interview

Just Enough Tech: All the technical knowledge you need to succeed in any Tech industry interview

Best Friends

Best Friends

Solana: Speed & Scale

Solana: Speed & Scale

Ethereum: The Legend of Vitalik Buterin

Ethereum: The Legend of Vitalik Buterin

BTC: Rise of Blockchain and the changing global economy

BTC: Rise of Blockchain and the changing global economy

coalescence

coalescence