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Beholding the Bitcoin Blockchain

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IN THIS CHAPTER

Understanding where the Bitcoin blockchain came from

Diving into Bitcoin Cash

Straightening out some myths about Bitcoin

Staying safe when using Bitcoin

Mining for Bitcoins

Making a paper wallet to hold your Bitcoins

Warning! After reading this chapter, you may become hooked on this cool emerging technology. Read at your own peril.

Bitcoin demonstrates the purest aspects of blockchain technology. It’s the baseline that all other blockchains are compared to and the framework that nearly all have drawn upon. Knowing the basics of how the Bitcoin blockchain operates will allow you to better understand all the other technology you encounter in this ecosystem.

This chapter covers the fundamentals of how the Bitcoin blockchain operates. It offers safety tips to make your Bitcoin experience smoother and more successful and shows you practical things you can start doing now with Bitcoin. In these pages, you find out how to mine Bitcoin tokens, which gives you a new way to get your hands on Bitcoins without buying them. Finally, you discover how to transfer your tokens to paper wallets, and other practical ways to keep your tokens safe online. You can consider this chapter your quick and dirty introduction to Bitcoin. To dive deeper into Bitcoin, check out Book 3.

Cryptocurrency All-in-One For Dummies

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