The Basics of Bitcoins and Blockchains: An Introduction to Cryptocurrencies and the Technology that Powers Them (Cryptography, Derivatives Investments, Futures Trading, Digital Assets, NFT)

Understand Bitcoin, Blockchains, and Cryptocurrency
"Antony helps us all clearly understand the mechanics of bitcoin and blockchain." ―Rob Findlay, Founder, Next Money
#1 Best Seller in Investing Derivatives and Natural Resource Extraction Industry, Futures Trading, Banks & Banking, Energy & Mining, Monetary Policy, and Computers & Technology
There's a lot written on cryptocurrency and blockchains. But, for the uninitiated, most of this information can be indecipherable. The Basics of Bitcoins and Blockchains provides a clear guide to this new currency and the revolutionary technology that powers it.
Bitcoin, Ethereum, and other cryptocurrencies. Gain an understanding of a broad spectrum of Bitcoin topics including the history of Bitcoin, the Bitcoin blockchain, and Bitcoin buying, selling, and mining. Learn how payments are made, and how to put a value on cryptocurrencies and digital tokens.
Blockchain technology. What exactly is a blockchain, how does it work, and why is it important? The Basics of Bitcoins and Blockchains answers these questions and more. Learn about notable blockchain platforms, smart contracts, and other important facets of blockchains and their function in the changing cyber-economy.
Things to know before buying cryptocurrencies. Find trustworthy and balanced insights into Bitcoin investing and investing in other cryptocurrency. Discover the risks and mitigations, learn how to identify scams, and understand cryptocurrency exchanges, digital wallets, and regulations.
Learn about:
- Blockchain technology and how it works
- Workings of the cryptocurrency market
- Evolution and potential impacts of Bitcoin and blockchains on global businesses
You've read books such as Blockchain Bubble or Revolution, Cryptoassets, Blockchain Technology Explained, Blockchain Revolution, The Bitcoin Standard, Mastering Bitcoin, or Bitcoin For Dummies, but to really understand the technology read The Basics of Bitcoins and Blockchains.
BUY THE BOOK
Community Reviews
E
Stepping into crypto for the first time felt overwhelming until I discovered how straightforward wallet setup could actually be. You don't need to memorize seed phrases or carry hardware devices. The whole process boiled down to three steps: visit the wallet page, log in, and add your preferred currency. I found everything explained clearly at https://paybis.com/crypto-wallet which also covers the difference between custodial and non-custodial options. For someone just getting started, the custodial route made sense — no private key management, no stress. The MPC model they use fragments the private key so no single party holds full access. That kind of security architecture gave me real confidence to deposit my first Bitcoin without second-guessing myself.
J
I think this is a good book for anyone starting with Bitcoin and blockchain because understanding the basics is really important before investing. I also learned a lot by trying things myself. I found https://rollercoin.com/free-bitcoin , which combines play2earn games with a free Bitcoin mining website, and my experiance has been good. Its fun, easy to use, and helped me understand how crypto works without risking much money.
Understanding the tech behind Bitcoin is great, but the real challenge is finding a practical way to spend it without high fees. I’d been looking at Trustee Plus but wanted to be sure it was legit before moving any funds. I checked the usual reviews on the App Store and Play Market, and then found a really helpful independent site https://cryptocardsreviews.com/en which breaks down the pros and cons of various crypto cards. The user feedback there seemed honest and helped me decide to finally install the app. It’s been working smoothly for my daily purchases, but I’d definitely suggest checking the reviews there first to see which options actually work for your specific needs.
In NFT games, the hardest part for me turned out to be not the minting, but the economy and fair RNG: players find loopholes really fast. When I was making a prototype and trying to figure out how to explain move probabilities, I looked at how classic board games and dice mechanics work, and checked out https://fantanlive.com where there’s a list of online casinos with fan tan, and https://livelightningdice.org with a list of platforms for lightning dice, just to compare round dynamics. After that it became clear that without proper testing, limits, and smart contract audits, the project can fall apart even if the graphics are nice. Another pain point is legal risks and matching community values, people often underestimate that.
just read the book, super clear intro to crypto! now betting dogecoin at https://mid.bet/dogecoin-betting feels way smarter: instant deposits, 0 fees on doge withdrawals, provably fair dice with 1% edge and welcome bonus up to 200%. price tracker + fast payouts info right on the page. perfect combo: learn blockchain, then play with doge!
See why thousands of readers are using Bookclubs to stay connected.