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Description : Embrace the new world of fiance by leveraging the power of crypto-currencies using Bitcoin and the Blockchain About This Book * Set up your own wallet, buy and sell Bitcoin, and execute custom transactions on the Blockchain * Leverage the power of Bitcoin to reduce transaction costs and eliminate fraud * A practical step-by-step guide to break down the Bitcoin technology to ensure safe transactions Who This Book Is For If you are familiar with online banking and want to expand your finances into a resilient and transparent currency, this book is ideal for you. A basic understanding of online wallets and financial systems will be highly beneficial to unravel the mysteries of Bitcoin. What You Will Learn * Set up your wallet and buy a Bitcoin in a flash while understanding the basics of addresses and transactions * Acquire the knack of buying, selling, and trading Bitcoins with online marketplaces * Secure and protect your Bitcoins from online theft using Brainwallets and cold storage * Understand how Bitcoin's underlying technology, the Blockchain, works with simple illustrations and explanations * Configure your own Bitcoin node and execute common operations on the network * Discover various aspects of mining Bitcoin and how to set up your own mining rig * Dive deeper into Bitcoin and write scripts and multi-signature transactions on the network * Explore the various alt-coins and get to know how to compare them and their value In Detail The financial crisis of 2008 raised attention to the need for transparency and accountability in the financial world. As banks and governments were scrambling to stay solvent while seeking a sustainable plan, a powerfully new and resilient technology emerged. Bitcoin, built on a fundamentally new technology called "The Blockchain," offered the promise of a new financial system where transactions are sent directly between two parties without the need for central control. Bitcoin exists as an open and transparent financial sy
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