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What Books to Read to Understand Blockchain (Is it Necessary to Read Books about Blockchain?)

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When it comes to understanding blockchain, it has already developed into a very

What Books to Read to Understand Blockchain (Is it Necessary to Read Books about Blockchain?)

When it comes to understanding blockchain, it has already developed into a very interesting and revolutionary application technology. Since 2017, various articles have been discussing and researching this topic. This book from 2019 introduces how to use blockchain to solve trust issues in real-life society and achieve secure data storage. For newcomers, it is crucial to understand what blockchain is and what knowledge should be learned. Therefore, reading the following aspects is necessary: what is blockchain, what books to read, and why should one read about blockchain? We can analyze blockchain from the following aspects: 1. The book “Blockchain”

In the traditional era of the internet, people usually come across relevant information, but nowadays, this connection is often lacking. So when you take the first step into the digital world, you will find that many people are seeking alternative solutions to replace traditional intermediary models, such as banks and other institutions. In this process, the financial industry often faces a series of problems, such as high transaction costs, low transparency, and inefficiency, which involve great uncertainty and risks. Without the help of intermediaries or third parties, nothing can be changed, so most people believe it is impossible. 2. The book “Journal of Cryptocurrency”

The competition between Bitcoin and Ethereum has always been a “war,” but now more and more people refer to it as “CryptoCats.” However, with the continuous maturity and development of the blockchain industry, many other similar names like “CryptoPunks” have emerged. These concepts and terms are widely spread because they express different things through different descriptions, including cryptoeconomics. “CryptoDogs” are a virtual form of assets that can represent the ownership status of goods and services. 3. The books “Consensus Rules” (PoC)

Looking at the development of the Bitcoin network, the price of Bitcoin experienced a significant increase in 2017. On December 16, 2018, the founding team of the world’s first publicly issued Bitcoin mining fund, BTC-e, released a report stating that the Bitcoin mining business is facing uncertain pressure from government departments. They plan to sell all the equity of the project to the public and give most of the investment feedback to investors to support this process, hoping to further expand the investment scale of Bitcoin mining in the future. 4. The three books “Father of Bitcoin,” “Satoshi Nakamoto” are written by the famous writer Lewis Hopkins. In addition, research reports on the Lightning Network have been published. The first issue in 2019 was hosted by Shanghai Jiao Tong University School of Economics and Management, mainly discussing Bitcoin and its applications. 5. The “Blockchain White Paper 2019” jointly written by Antpool and Tencent Holdings Co., Ltd. was officially released; on September 8, 2021, the 30th issue of the “Blockchain White Paper” was first released at the Hangzhou International Technology Expo.

Is it necessary to read books about blockchain?

According to Mars Finance, there are many valuable references in an article about blockchain technology written by famous economist and author of “Financial Management,” Lin Yifu. The book introduces distributed ledger technology (DLT), the transaction and processing mechanisms of cryptocurrencies like Bitcoin, and consensus protocols on the network. However, the application of this technology also faces many problems:

1. Currently, most people consider the term “blockchain” as a description for Ethereum or EOS.

2. When it comes to virtual currencies like Bitcoin, people are highly concerned about whether it has intrinsic value.

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