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You're reading from  Blockchain for Business 2019

Product typeBook
Published inJan 2019
Reading LevelIntermediate
Publisher
ISBN-139781789956023
Edition1st Edition
Languages
Solidity
Tools
Ethereum
Concepts
Blockchain
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Author (1)
Peter Lipovyanov
Peter Lipovyanov
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Peter Lipovyanov

Peter Lipovyanov is an experienced investment banker and venture investor currently focusing on blockchain projects and crypto-assets. A firm believer in the potential of blockchain technology to change the world for the better by facilitating financial inclusion across the globe and improving the efficiency of financial markets and other sectors of the economy, he has been involved in several promising blockchain projects building decentralized applications. His passion for education also led him to create a bestseller online course about the fundamental principles of blockchain technology and its business applications, which is the basis for this book.
Read more about Peter Lipovyanov

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Summary

In this chapter, we learned that Bitcoin is the first ever implementation of a decentralized P2P network for payments and value transfers. The system works smoothly and efficiently without any need for third-party interference. We learned about decentralization of control, the different types of nodes in the Bitcoin network, and the structure of the Bitcoin network.

In the next chapter, we will learn about the software code base that powers Bitcoin.

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Blockchain for Business 2019
Published in: Jan 2019Publisher: ISBN-13: 9781789956023
© 2019 Packt Publishing Limited All Rights Reserved

Author (1)

author image
Peter Lipovyanov

Peter Lipovyanov is an experienced investment banker and venture investor currently focusing on blockchain projects and crypto-assets. A firm believer in the potential of blockchain technology to change the world for the better by facilitating financial inclusion across the globe and improving the efficiency of financial markets and other sectors of the economy, he has been involved in several promising blockchain projects building decentralized applications. His passion for education also led him to create a bestseller online course about the fundamental principles of blockchain technology and its business applications, which is the basis for this book.
Read more about Peter Lipovyanov

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