I'm a bitcoin beginner, should I buy this book?

[BlackHatCoiner]

You can download it at https://bitcoin.org/en/download
But I recommend that you try electrum first, which is easier to use. Download only from https://www.Electrum.org

No I mean when I download and install the bitcoin core, is there a link that downloads the blockchain? Like bitcoin.org/bitcoin/blockchain.txt
If it's a txt file, it surely won't be able to be editted from any pc. It will need a Powerful CPU.

Also the miners must read from my blockchain file? Isn't this making the network too slow... I mean every miner must read the 250gb file of every address they find?

Am I correct or wrong? Cause I think I have misunderstood something...

Yes, of course it does.
You can check any transaction that every happen in the blockchain network here:

https://blockchair.com/

For example, this is a blockchain address with some transactions:
https://blockchair.com/bitcoin/address/bc1q9adplt3j4gkxptejwnrm57xu2nm6suayuks7ec

So the blockchair basically has the blockchain file and does the known Ctrl + F to find the address you are looking for?

[1714675258]

1714675258

[1714675258]

1714675258

[1714675258]

1714675258

[Maus0728]

Thank you for exploring my thread. You can download and read all of them according to your interest. I'll be updating the thread and will add another set of book sooner or later. It is nice to see that lots of people who are new in the technology are interested in self learning.

"Why does bitcoin value?"

Most of the answers can be very argumentative especially when people are against bitcoin. Originally, currency has does have value because people believe that it can be some sort of "store of value" which means the exchange rate is not fluctuating in short period of time and can maintain its value.

Moreover, people believes in bitcoin because of its characteristics similar to gold such as scarcity, divisibility and especially decentralization. However, a bitcoin non-believer thinks that bitcoin has a value because they are hoping that when they bought bitcoin now and wait for about few years they will profit a large sum of money, it may sound negative but many people I know personally think of this why bitcoin has a value.

"How does mining gives you bitcoins?

Primarily, the main goal of miner is to secure and verify the transaction in the network and the reward (bitcoin from 21M supply) is based on "Proof of Work" that needs a lot of computing power.

You can find the answer of question by watching Andreas Antonopolous here: Bitcoin Basics Workshop and this Is Bitcoin the Future of Money? Peter Schiff vs. Erik Voorhees

Watched videos first to get at least the hang how bitcoin works. Reading a books especially mastering of bitcoin is not good for people who are just starting, that book deal a lot with technical discussion which are mainly intended for programmer.

Read the internet of money if you want some of the philosophical and economical explanation of bitcoin. Those books are goods start.

[BlackHatCoiner]

Thank you, @Maus0728, great answer. I will do much research. Why bitcoins are 21 Million is another question that I will try to solve, because I've already said, bitcoin is something really interesting to me.

[Maus0728]

Thank you, @Maus0728, great answer. I will do much research. Why bitcoins are 21 Million is another question that I will try to solve, because I've already said, bitcoin is something really interesting to me.

I've found this thread interesting, if you are familiar in derivatives and integration, (technical process in mathematics) you can at least understand the equation stated in here. This equation tells how bitcoin acquire its value.

What is giving Bitcoin its value? The ultimate answer is: Skin in the game.

I've found this thread interesting because it somehow translate the term "trust" into a mathematical equation.

[gentlemand]

I would start off seeking context rather than nuts and bolts.

The best intro to the early history along with a fairly brief overview of how it works and why it was invented is Digital Gold by Nathaniel Popper. It gets boring and irrelevant later on but the first bit is very good.

Diving immediately into something that goes into heavy economics or computer noodling would glaze my eyes over at least.

[skiorf]

When I started learning about bitcoin I never read it through books, I usually learned through this forum and several articles on Google about Bitcoin, cryptocurrency and about blockchain technology.

If you have a big interest and want to read it in a book and buy it, I really appreciate it. Maybe you can buy a book that has all the knowledge you need about bitcoin and blockchain technology in one book. there are many books to choose from.

[BlackHatCoiner]

If you have a big interest and want to read it in a book and buy it, I really appreciate it. Maybe you can buy a book that has all the knowledge you need about bitcoin and blockchain technology in one book. there are many books to choose from.

And you have shared us many of these paid books for free. Take a merit just for respect.

[Raytheon]

Hi there. Starting something new with books is always a good move. I just want to introduce a really ncie book which I have read recently. You can take it into consideration besides your "The Bitcoin Standard".

Although there were a lot of books relating to bitcoin already but I still would like to recommend Bitcoin and Cryptocurrency Technologies by Arvind Narayanan, Joseph Bonneau, Edward Felten, Andrew Miller and Steven Goldfeder (Princeton Uiversity). As far as I can tell, this is one the most comprehensive academic textbook on bitcoin and blockchain, along with some Andreas Autonopolous' masterpieces.

Bitcoin and Cryptocurrency Technologies provides clear and well-structured explanations on all technical matters, especially in first 5 chapters. The rest of the book is less techinique-biased but interesting and useful. The only downside is that some content/information was a bit out dated because of the publish year was in 2015.

Link for the ebook can be found here: https://www.amazon.com/Bitcoin-Cryptocurrency-Technologies-Comprehensive-Introduction/dp/0691171696

It is best used in combination with videos of lectures from Princeton experts. They are freely shared on Priceton's website: https://bitcoinbook.cs.princeton.edu/.

It's so enjoyable reading and learning in quarantine time.

[akirasendo17]

i suggest you go read online articles , and also interact with other people in this forum because they have more experience and knowledge about bitcoin,
their actual experience is very helpful, and you will find more tips unlike books, also try to know where you can excel better, in this field , bitcoin can be mine, so try to go to mining section, trading so you have to decide where you are going.

[KrisAlex18]

https://www.amazon.com/Bitcoin-Standard-Decentralized-Alternative-Central/dp/1119473861
The Bitcoin Standard: The Decentralized Alternative to Central Banking

From the reviews I've read that it's too good. It generally talks about value, not only about bitcoin. Has anyone read it here?

Well book is really essential because all information in the book are really true and really informative os if you have money to buy than go for it. It will benefit you unless you read it.

But actually there are alresdy some information online that you can read for free, there are so many websites offering online course about vryptocurrency, there are also some blogs about cryptocurrency, just be patient on finding the right one or the legit information because there are still some fake websites or fake information online.

[BlackHatCoiner]

I think I will do what @akirasendo17 said. People here can help me a lot. All these thousands discussions are helpful. Googling a crypto-question shows results of bitcointalk, so why not staying here? My questions will be solved.