Ethereum: Ultimate Guide to Blockchain Technology, Cryptocurrency and Investing in Ethereum
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About this ebook
Do You Want to Master the Currency of the Future?
More and more frequently these days, you hear investors talking about one type of cryptocurrency investment or another. Frequently these conversations are about bitcoin, but the truth of the matter is that bitcoin’s price has raised it out of the range of most people and it is already straining under its currently usage load. If you are looking to jump into the future of cryptocurrency and not the past, then Ethereum: Ultimate Guide to Blockchain Technology, Cryptocurrency and Investing in Ethereum is the book you have been waiting for.
The Ethereum platform, and indeed all cryptocurrency, currently stands at a truly historic point in time, the usage statistics don’t lie, more people are using cryptocurrency every day and it isn’t a question of if it is going to reach a point where it will become mainstream, it is a question of when. With this in mind then, it is clear that you have a choice, find the way in which you can profit from this emergent technology or let the opportunity pass you by and miss out on getting in on the ground floor of the technology that is already being called the most important invention since the internet.
Inside you will find everything you need to understand about:
- What sets the Ethereum platform apart from its competition
- Basics of Blockchain Technology
- The Pros and Cons of Ethereum
- Setting up your Ethereum Wallet
- How to start Ethereum Mining
- How to develop your own smart contracts and app
- The Future of Ethereum
- And More!
It doesn’t matter if you are looking to invest speculatively, mine blocks or develop your own applications or smart contracts, inside you will find ways to maximize your success no matter your approach. While it might seem complicated, the basics of blockchain-based success are all broken down inside in such a way that anyone can understand them. So, what are you waiting for?
Matthew Connor
Matthew Connor is a financial technology analyst and a self-taught computer programmer that currently lives in New York City. After graduating from Princeton University with an MS in Computer Science, Matt is currently working for a Fortune 500 company in Manhattan, NY. Matt is passionate about numbers and likes to analyze data to find trends and patterns. As an early investor of Bitcoin, Matt believes cryptocurrencies will revolutionize the world within the next 10 years. Therefore, he is setting out to share what he had learned so others can also get ahead start too. During his spare time, Matt enjoys cooking exotic recipes and push his taste buds.
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Reviews for Ethereum
2 ratings1 review
- Rating: 3 out of 5 stars3/5Good basic book. Very complete as it touches each main aspect of the topic.
Easy to read and understand for a beginner!
Book preview
Ethereum - Matthew Connor
Copyright 2017 by Matthew Connor - All rights reserved.
The following eBook is reproduced below with the goal of providing information that is as accurate and reliable as possible. Regardless, purchasing this eBook can be seen as consent to the fact that both the publisher and the author of this book are in no way experts on the topics discussed within and that any recommendations or suggestions that are made herein are for entertainment purposes only. Professionals should be consulted as needed prior to undertaking any of the action endorsed herein.
This declaration is deemed fair and valid by both the American Bar Association and the Committee of Publishers Association and is legally binding throughout the United States.
Furthermore, the transmission, duplication or reproduction of any of the following work including specific information will be considered an illegal act irrespective of if it is done electronically or in print. This extends to creating a secondary or tertiary copy of the work or a recorded copy and is only allowed with express written consent from the Publisher. All additional right reserved.
The information in the following pages is broadly considered to be a truthful and accurate account of facts and as such any inattention, use or misuse of the information in question by the reader will render any resulting actions solely under their purview. There are no scenarios in which the publisher or the original author of this work can be in any fashion deemed liable for any hardship or damages that may befall them after undertaking information described herein.
Additionally, the information in the following pages is intended only for informational purposes and should thus be thought of as universal. As befitting its nature, it is presented without assurance regarding its prolonged validity or interim quality. Trademarks that are mentioned are done without written consent and can in no way be considered an endorsement from the trademark holder.
Check out other Books by Matthew Connor
Introduction
Congratulations on downloading Ethereum: Ultimate Guide to Blockchain Technology, Cryptocurrency, and Investing in Ethereum and thank you for doing so. The Ethereum platform takes all of the best parts of bitcoin and improves upon them using newer technology. Is it any wonder then that analysts are predicting the platform will have 100 times as many users in 2018 as it does in 2017?
In order to ensure that you are as up to date on the current technology trends as possible, the following chapters will discuss everything you need to know about Ethereum, including what it is doing to create a niche for itself in the crowded cryptocurrency marketplace. You will then learn a little bit about blockchain, the technology that powers the Ethereum platform. Next, you will get to the good stuff and start learning how to make money from investing in ether.
From there you will learn another way of profiting from the Ethereum platform, mining blocks. Then you will learn about the final major way to make money from the Ethereum platform, programming apps and smart contracts to work within the system. Finally, you will learn all about tips and tricks for success as well as what the future likely holds for Ethereum.
There are plenty of books on this subject on the market, thanks again for choosing this one! Every effort was made to ensure it is full of as much useful information as possible, please enjoy!
Chapter 1: Introduction to Ethereum
What is Cryptocurrency?
A cryptocurrency is any type of digital currency that is based purely on computer code and gets its value from its use in the market as a whole rather than generating value by being a derivative of an existing asset. As an alternate option to traditional currencies, cryptocurrencies have become the new hot thing with investors over the past decade and it’s easy to see why as they offer digital value that can be issued and tracked like their physical cousins.
Cryptocurrencies operate based on decentralized database technology which means that they can go through all their required processes successfully, day after day, without ever having to resort to an external authority to determine the next step. Blockchain is the most famous version of this technology, but there are several newer alternatives, like Ethereum that are aiming to give bitcoin a run for its money.
Decentralized cryptocurrencies have a wide variety of means for which to verify their transactions, the most common of these is a proof-of-work model. This is the model