New📚 Introducing the ultimate literary companion! Discover our groundbreaking new book that will transport you to new worlds and ignite your imagination. 🌟 #NewProduct #ReadingRevolution Check it out

Write Sign In
Bookish Fables Bookish Fables
Write
Sign In

Join to Community

Do you want to contribute by writing guest posts on this blog?

Please contact us and send us a resume of previous articles that you have written.

Member-only story

Non-Technical Beginner Guide to Cryptocurrency: Bitcoin, Ethereum, Smart

Jese Leos
· 4.9k Followers · Follow
Published in BLOCKCHAIN BASICS BIBLE: Non Technical Beginner S Guide About Cryptocurrency Bitcoin Ethereum Smart Contracts Consensus Protocols NFT Blockchain Gaming Mining
4 min read ·
352 View Claps
42 Respond
Save
Listen
Share

Non Technical Beginner Guide To Cryptocurrency BLOCKCHAIN BASICS BIBLE: Non Technical Beginner S Guide About Cryptocurrency Bitcoin Ethereum Smart Contracts Consensus Protocols NFT Blockchain Gaming Mining

Cryptocurrency has become a hot topic in recent years, attracting the attention of both seasoned investors and individuals new to the world of finance. With the rise of Bitcoin, Ethereum, and Smart contracts, understanding the basics of cryptocurrency is crucial for beginners. In this guide, we will take a non-technical approach to help beginners navigate the complex world of cryptocurrency and understand the basics of Bitcoin, Ethereum, and Smart contracts.

What is Cryptocurrency?

Cryptocurrency is a digital or virtual form of currency that uses cryptography for secure financial transactions. Unlike traditional currencies issued by central banks, cryptocurrencies operate independently of a central authority. They are typically based on a decentralized system called blockchain, which ensures transparency and immutability of transactions.

BLOCKCHAIN BASICS BIBLE: Non-Technical Beginner's Guide About Cryptocurrency. Bitcoin | Ethereum | Smart Contracts | Consensus Protocols | NFT | Blockchain Gaming | Mining
by Nakamoto Hasegawa (Kindle Edition)

4.2 out of 5

Language : English
File size : 2335 KB
Text-to-Speech : Enabled
Screen Reader : Supported
Enhanced typesetting : Enabled
X-Ray : Enabled
Print length : 95 pages
Lending : Enabled

Bitcoin: The Pioneer

Bitcoin was the first cryptocurrency to be created and remains the most well-known and valuable one to date. It was invented in 2009 by an anonymous person or group of people using the pseudonym Satoshi Nakamoto. Bitcoin operates on a peer-to-peer network without the need for intermediaries, such as banks, to facilitate transactions. It offers a decentralized way of transferring value across the internet securely and anonymously.

Ethereum: Smart Contracts and Decentralized Applications

Ethereum is a blockchain-based platform that introduced the concept of smart contracts, which are self-executing contracts with predefined conditions. Smart contracts automatically enforce the terms of an agreement between two or more parties without the need for intermediaries. Ethereum also facilitates the development of decentralized applications (DApps), which are applications that run on a blockchain network.

Smart Contracts: The Revolutionary Idea

Smart contracts have the potential to disrupt traditional industries by reducing the need for middlemen and increasing transparency. They have various applications, such as in finance, supply chain management, healthcare, and real estate. With smart contracts, the execution and enforcement of agreements become automated, removing the need for costly and time-consuming legal processes.

Investing in Cryptocurrency

As a beginner, it's important to understand that cryptocurrency investments come with risks. The market is highly volatile, and prices can fluctuate dramatically in a short period. Before investing, do thorough research, set a budget, and consider the long-term potential of the cryptocurrencies you are interested in. It's also wise to diversify your portfolio to spread out the risk.

Storing Cryptocurrency

Cryptocurrencies are stored in digital wallets. Wallets can be software-based, such as mobile or desktop wallets, or hardware-based, such as physical devices specifically designed for storing cryptocurrencies securely. It's essential to choose a reputable wallet provider and follow best security practices, such as enabling two-factor authentication and backing up your wallet's private keys.

Cryptocurrency, especially Bitcoin, Ethereum, and Smart contracts, has the potential to revolutionize various industries and change the way transactions are conducted. As a non-technical beginner, understanding the basics of cryptocurrency is essential to navigate this new digital frontier. Remember to do thorough research, be cautious with investments, and choose secure wallet solutions. With the right knowledge and precautions, you can participate in and benefit from the exciting world of cryptocurrency.

BLOCKCHAIN BASICS BIBLE: Non-Technical Beginner's Guide About Cryptocurrency. Bitcoin | Ethereum | Smart Contracts | Consensus Protocols | NFT | Blockchain Gaming | Mining
by Nakamoto Hasegawa (Kindle Edition)

4.2 out of 5

Language : English
File size : 2335 KB
Text-to-Speech : Enabled
Screen Reader : Supported
Enhanced typesetting : Enabled
X-Ray : Enabled
Print length : 95 pages
Lending : Enabled

Blueprint Guide about Cryptocurrency- Blockchain Thoroughly Analyzed for Beginners 

A research estimate stated that 95% of those interested in cryptocurrency choose the wrong place to start, dooming newbies to failure already in the beginning. 

It’s the same story time and again: they try to do research and give up on it once they find the language impossible to grasp. Consequently, they invest in the wrong currency at the wrong time and then blame the market’s fluctuant nature after they lose money. 

Why risk when you can start by wetting your feet on the shore before diving into the ocean?

The world of Blockchain is vast and ever-expanding, meaning that your journey won’t end by reading this book. The author, however, made sure that after reading it, researching any complex topic around cryptocurrency is a piece of cake for you. 

It is no rocket science. It is, however, a golden key to any door you want to open in the world of cryptocurrency. After the priceless to Blockchain, you will be able to absorb the do’s and don’t of the market in no time at all. 

The book will teach you: 

  • Everything you need from an to Blockchain: We realize the importance of making it easy for any beginner to understand. The text is easily graspable for anyone looking for foundation knowledge on the topic. 
  • Teach you how to mine to make high profits ASAP: Covering how cryptocurrencies and Blockchain revolutionized the world economy, as well as the legal statuses of each currency, the book is a step-by-step guide to the process of mining and the precise technology required to do so. 
  • About newly rising topics: You’ve heard so many wishing they started investing the first time cryptocurrency entered the modern economy. You will learn about newly rising topics with a promising future, such as Blockchain Gaming, and many others.

If you’re ready to start mining for profit…

Scroll up, Click on “Buy Now with 1-Click”, and Grab a Copy Today!

Read full of this story with a FREE account.
Already have an account? Sign in
352 View Claps
42 Respond
Save
Listen
Share
Recommended from Bookish Fables
BLOCKCHAIN BASICS BIBLE: Non Technical Beginner S Guide About Cryptocurrency Bitcoin Ethereum Smart Contracts Consensus Protocols NFT Blockchain Gaming Mining
Bryson Hayes profile picture Bryson Hayes
· 4 min read
352 View Claps
42 Respond
The Fearless Life: Confidence Is A Choice
Bryson Hayes profile picture Bryson Hayes

The Fearless Life: Confidence Is a Choice

Are you tired of feeling held back...

· 5 min read
578 View Claps
41 Respond
Write Your In Microsoft Word 2007 (non Scientific)
Bryson Hayes profile picture Bryson Hayes
· 5 min read
597 View Claps
32 Respond
The Social Semiotics Of Tattoos: Skin And Self (Bloomsbury Advances In Semiotics)
Bryson Hayes profile picture Bryson Hayes
· 4 min read
804 View Claps
68 Respond
The Gastric Sleeve Bariatric Cookbook: Easy Meal Plans And Recipes To Eat Well Keep The Weight Off
Bryson Hayes profile picture Bryson Hayes

The Gastric Sleeve Bariatric Cookbook: Exciting Recipes...

Are you considering or have recently...

· 5 min read
632 View Claps
72 Respond
Eat What You Grow: How To Have An Undemanding Edible Garden That Is Both Beautiful And Productive
Bryson Hayes profile picture Bryson Hayes
· 6 min read
290 View Claps
52 Respond
BLOCKCHAIN BASICS BIBLE: Non Technical Beginner S Guide About Cryptocurrency Bitcoin Ethereum Smart Contracts Consensus Protocols NFT Blockchain Gaming Mining
Bryson Hayes profile picture Bryson Hayes
· 4 min read
352 View Claps
42 Respond
PNEUMATICS AND PLCs IN INNOVATIVE MECHATRONIC APPLICATIONS LEVEL 3
Bryson Hayes profile picture Bryson Hayes

Pneumatics And PLCs In Innovative Mechatronic...

As technology continues to advance, the...

· 4 min read
235 View Claps
40 Respond
Deep Knowing: Entering The Realm Of Non Ordinary Intelligence
Bryson Hayes profile picture Bryson Hayes

Entering The Realm Of Non Ordinary Intelligence:...

In a world where intelligence is often...

· 5 min read
718 View Claps
49 Respond
Nerves And Common Sense Annie Payson Call
Bryson Hayes profile picture Bryson Hayes

Nerves And Common Sense Annie Payson Call: The Key to...

Have you ever felt overwhelmed by the demands...

· 5 min read
952 View Claps
70 Respond
Low Carb Slow Cooker One Pot Meals: Convenient 8 Hour + Crockpot Recipes Fix Cook Serve
Bryson Hayes profile picture Bryson Hayes
· 4 min read
319 View Claps
63 Respond
How Memory Divides: The Search For Identity In Eastern Germany (Memory Studies: Global Constellations)
Bryson Hayes profile picture Bryson Hayes
· 5 min read
1.5k View Claps
91 Respond

Light bulb Advertise smarter! Our strategic ad space ensures maximum exposure. Reserve your spot today!

Top Community

  • Natalie Evans profile picture
    Natalie Evans
    Follow · 17.9k
  • Camila Martinez profile picture
    Camila Martinez
    Follow · 2.6k
  • Chandler Ward profile picture
    Chandler Ward
    Follow · 10.5k
  • Aurora Gonzales profile picture
    Aurora Gonzales
    Follow · 10.1k
  • Nora Foster profile picture
    Nora Foster
    Follow · 9.1k
  • Clara Martinez profile picture
    Clara Martinez
    Follow · 3.3k
  • Hazel Martinez profile picture
    Hazel Martinez
    Follow · 14.6k
  • Forrest Blair profile picture
    Forrest Blair
    Follow · 14.4k

Sign up for our newsletter and stay up to date!

By subscribing to our newsletter, you'll receive valuable content straight to your inbox, including informative articles, helpful tips, product launches, and exciting promotions.

By subscribing, you agree with our Privacy Policy.


© 2024 Bookish Fables™ is a registered trademark. All Rights Reserved.