Blockchain Simplified

A Comprehensive Beginner's Guide to Learn and Understand Blockchain Technology

By: Colm Gordon

Narrated by: William Bahl

Length: 1 hr and 24 mins

Publisher's summary

These days, it seems as though something related to blockchain technology is always making the news, whether it’s the latest highs or lows of the cryptocurrency market or some futuristic sounding tech company. Regardless of what you are interested in specifically, it’s safe to say that if you are interested in being on the cutting edge then blockchain is the place to be.

If you are having a hard time making sense of what all of the fuss is about then Blockchain Simplified: A Comprehensive Beginner's Guide to Learn and Understand Blockchain Technology is the book you have been waiting for.

Every blockchain is basically a decentralized database that stores data in a very specific way that allows it to be seen but not touched by anyone who needs to access it. When you take into account that it is also extremely secure, it isn’t hard to understand why experts are already calling it the most important new technology since the creation of the Internet. Despite its great potential, less than half the population can offer up a succinct definition which is why this book was created.

In this book, you will find a complete breakdown of the ins and outs of the technology, including how it works, why you would want to use it, and how it can best be used to turn a profit, regardless of the industry you are in. Furthermore, you will find a detailed look at the things you need to consider in order to ensure the technology is the right choice for you right now, as well as mistakes to avoid in order to ensure the setup process is as smooth as possible.

As with any new technology, it is safe to say that blockchain is going to catapult a few early adopters to great heights, while most will get in too late to make any real difference in the market. The good news is that it’s not too late for you to ride that initial wave if you hurry. So, what are you waiting for? Take control of your financial future, and buy this book today!

Inside you will find:

• A complete breakdown of every part of the blockchain and what you need to know about each
• The ways in which businesses are already taking advantage of blockchain and how you can too
• Easy ways to tell if blockchain technology is the right choice for what your company wants to do
• Blockchain projects to watch
• And more!

©2018 Colm Gordon (P)2018 Baquial Publishing

I wish this book existed earlier

Damn good way of introducing concepts.. thoroughly impressed.. tutor has a knack of taking learner into the world of blockchain with great enthusiasm.. kudos!

Blockchain & The Cloud

Everyone has at some point used the cloud to back-up data they do not want to lose. The cloud can runs on a blockchain. Experts say that people take this luxury for granted. In the old days, you couldn’t just click a button and automatically save data to a backup site like iCloud and Dropbox, you actually had to take and place in a compact disk or flash drive. Then insert the disk or flash drive to another computer to download the data. While people still can do this today, there is no guarantee that this type of technology will last. Like floppy disks, compact disks and flash drives could one day be obsolete, but internet based saving applications will always be updated. That is because we live in a tech savvy world.

Didatic

So far, this has been really excellent! Gordon goes into a lot of detail about how cryptocurrencies work, how they are constructed, background history...I have found all of this fascinating and have been sharing my knowledge with others getting them excited about cryptocurrencies. Thanks!

Two thumbs up for this good read!

There are three major types of blockchains. They are public blockchain, private blockchain and consortium blockchain.

Public blockchains are created by the public and anyone can participate in the creation, confirmation and recordation of the content put into the chain. There is not one person in charge of overseeing any transactions that go on in this type of blockchain. Since no one person is in charge of this type of blockchain, decisions are made by many decentralized agreement tools such as proof of work, which is a computer algorithm used by cryptocurrencies (like Bitcoin).

Public blockchains are open and crystal clear in content, so anyone who looks at them will understand what they are and can do. Private blockchains are privately owned by an individual or an organization. These blockchains differ from public blockchains in that there is a designated person in charge. While there can still be several contributors to this type of blockchain, all final transactions are approved/disapproved then recorded by the person in charge.

Wonderful explanations and analogies

Its really a very nice experience to know about these technology and the way the course is thought. Cool. Excellent course with complete explanation of codes for implementing Blockchain. Thank you

Easy to understand language.

Very helpful basic understanding to Blockchain technology. I have a background in Economics/Statistics and found the course accessible despite not having much technical experience in computer science. It was a good first look under the hood of a pretty interesting new technology.

Now I understand the basics.

Before starting this course , I knew some few things about Blockchain, but they were not arranged rather randomly perceived. Now I understand the basics. This course have helped me with short but effective audios, good web materials and an awesome tool. Although I am from CS background but I recommend it for everyone who are interested in Blockchain because the course is designed in such way so that everyone can take it.

Blockchain & other related technologies.

This is an excellent course to learn about all the aspects of blockchain and other related technologies. It also covers business and social impact and challenges of using blockchain technology. I've learned a lot of things. Colm's lecture was great and many of the reports from Blockchain Research Institute were insightful.

The Blockchain space.

Great introduction for anyone who is looking for a general overview of the Blockchain space, with lots of references to actual active participants and entities. It is focused primarily on the commercial, governance and academic aspect of the Blockchain space.

Now I get blockchain!

If you are looking to form a new business based around blockchain technology, then the best way to get started is to work with as many different blockchains as possible. This will not only help to improve your grasp of the technology but will also help to make the technology more mainstream, which is what is needed in order for new blockchain companies to really takeoff. If you ever hope to break into the mainstream via blockchain, then you are going to want to do everything in your power to ensure blockchain becomes as mainstream as possible.

It is important to keep in mind that it is likely going to be a tough road to hoe, however, as many of blockchain’s greatest benefits are only going to be available to companies who already have the existing infrastructure to take advantage of them as fully as possible. As such, the most realistic forecast for the rise of blockchain technology is that there will be a handful of new companies that are going to come along and grab a share of the spotlight, while the rest of the room at the top is taken up by the members of the old guard who are able to get their acts together and make a move on blockchain technology before their competition has a chance to.

This is not a knock on blockchain technology, this is simply the way new technology is often assimilated into the mainstream. Remember, understanding this tendency is the best way to circumvent it and find the success you seek.