Blockchain Basics

Blockchain Basics

Learn the basics of blockchain technology in 25 concise steps. Featuring five additional steps,
this updated version explores new developments within blockchain, such as Proof of Stake,
Smart Contracts, Blockchain Oracles, Tokenization and Non-Fungible Token, Decentralized
Finance, Crypto Currencies, and Stable Coins.

Delivered in a light and conversational manner, author Daniel Drescher explains the
fundamentals of software engineering, the required terminology, and points out the reasons
why the blockchain is needed. Like the previous edition, no mathematical formulas, program
code, or computer science jargon are used. No previous knowledge in computer science,
mathematics, programming, or cryptography is required. Terminology is explained through
pictures, analogies, and metaphors.

Using a fluent and straightforward approach, Blockchain Basics, Second Edition bridges the
gap between purely technical and business-focused books by explaining both concepts and
their roles in business-relevant applications.

What You’ll Learn

• What the blockchain is, why it is needed, and what problems it solves
• Limitations, why they exist, and what has been done to overcome them
• Major application scenarios
• The value of Proof of Stake, Tokenization and Non-Fungible Token,
and Smart Contracts