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Blockchain Quick Reference

You're reading from  Blockchain Quick Reference

Product type Book
Published in Aug 2018
Publisher Packt
ISBN-13 9781788995788
Pages 350 pages
Edition 1st Edition
Languages
Concepts
Authors (4):
Mariko Amekodommo Mariko Amekodommo
Profile icon Mariko Amekodommo
LinkedIn
See other products by Mariko Amekodommo
Brenn Hill Brenn Hill
Profile icon Brenn Hill
LinkedIn
Brenn Hill is a senior software engineer who has worked with such clients as NASCAR, PGA Tour, Time Warner Cable, and many others. He has experience leading international teams on cannot fail engineering projects. He strives to work with business to ensure that tech projects achieve good ROI and solve key business problems. He has a master's degree in Information Science from UNC-CH and currently travels the world as a digital nomad.
See other products by Brenn Hill
Samanyu Chopra Samanyu Chopra
Profile icon Samanyu Chopra
LinkedIn
Samanyu Chopra is a developer, entrepreneur, and Blockchain supporter with wide experience of conceptualizing, developing, and producing computer and mobile software's. He has been programming since the age of 11. He is proficient in programming languages such as JavaScript, Scala, C#, C++, Swift, and so on. He has a wide range of experience in developing for computers and mobiles. He has been a supporter of Bitcoin and blockchain since its early days and has been part of wide-ranging decentralized projects since a long time. You can write a tweet to him at @samdonly1.
See other products by Samanyu Chopra
Paul Valencourt Paul Valencourt
Profile icon Paul Valencourt
LinkedIn
Paul Valencourt is CFO of BlockSimple Solutions. He currently helps people launch STOs and invest in cryptocurrency mining.
See other products by Paul Valencourt
View More author details

Table of Contents (24) Chapters

Preface 1. Blockchain 101 2. Components and Structure of Blockchain 3. Decentralization Versus Distributed Systems 4. Cryptography and Mechanics Behind Blockchain 5. Bitcoin 6. Altcoins 7. Achieving Consensus 8. Advanced Blockchain Concepts 9. Cryptocurrency Wallets 10. Alternate Blockchains 11. Hyperledger and Enterprise Blockchains 12. Ethereum 101 13. Solidity 101 14. Smart Contracts 15. Ethereum Development 16. Ethereum Accounts and Ether Tokens 17. Decentralized Applications 18. Mining 19. ICO 101 20. Creating Your Own Currency 21. Scalability and Other Challenges 22. Future of Blockchain 23. Other Books You May Enjoy

Why Bitcoin is volatile

When we say Bitcoin is volatile, we mean the price of Bitcoin is volatile. The spot rate of Bitcoin at various exchanges changes every moment and, moreover, it functions 24/7. Hence, any user or community member of Bitcoin is perturbed by the regularly changing price of Bitcoin. The following chart shows the price fluctuation of Bitcoin over the last financial year:

The volatility of Bitcoin is the most discussed topic and has been a concern for investors, miners, and supporters of Bitcoin since the exchanges of Bitcoin came up. Some prime reasons for this as follows:

  • Security breaches: This has been a major issue in the price fluctuation of Bitcoin in the past; whenever news of security flaws at an exchange's end comes up, the price of Bitcoin takes a hit, since this makes the investors start to doubt a certain exchange or the Bitcoin network.
  • Legal...
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Authors (4)

Left arrow icon
Profile icon Mariko Amekodommo
LinkedIn
See other products by Mariko Amekodommo
Profile icon Brenn Hill
LinkedIn
Brenn Hill is a senior software engineer who has worked with such clients as NASCAR, PGA Tour, Time Warner Cable, and many others. He has experience leading international teams on cannot fail engineering projects. He strives to work with business to ensure that tech projects achieve good ROI and solve key business problems. He has a master's degree in Information Science from UNC-CH and currently travels the world as a digital nomad.
See other products by Brenn Hill
Profile icon Samanyu Chopra
LinkedIn
Samanyu Chopra is a developer, entrepreneur, and Blockchain supporter with wide experience of conceptualizing, developing, and producing computer and mobile software's. He has been programming since the age of 11. He is proficient in programming languages such as JavaScript, Scala, C#, C++, Swift, and so on. He has a wide range of experience in developing for computers and mobiles. He has been a supporter of Bitcoin and blockchain since its early days and has been part of wide-ranging decentralized projects since a long time. You can write a tweet to him at @samdonly1.
Read more
See other products by Samanyu Chopra
Profile icon Paul Valencourt
LinkedIn
Paul Valencourt is CFO of BlockSimple Solutions. He currently helps people launch STOs and invest in cryptocurrency mining.
See other products by Paul Valencourt
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