Digital Currency: The Ongoing Monetary Revolution

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Book Overview

This book demystifies the history and mechanics of digital currencies and blockchain technology through extensive case studies. It provides an in-depth examination of the economic and societal challenges and opportunities within this evolving landscape.

Key features include:

Key Metrics

MetricValue
Reading PlatformWeb/App
GenreTechnology
Rating8.3 (Douban)
Audio OptionText-to-speech
Word Count137,000
Publication DateSeptember 2020

Detailed Contents

Chapter 1: Bitcoin & Blockchain Fundamentals

Chapter 2: Economic Principles

Chapter 3: Bitcoin's Shortcomings

Chapter 4: Alternative Cryptocurrencies

Chapter 5: Public Blockchain Applications

Chapter 6: Enterprise Blockchain

Chapter 7: Regulatory Landscape

Chapter 8: Future Projections

Chapter 9: Bubble or Revolution?

Appendices

Reader Reviews

"A definitive guide to understanding digital currencies. The book objectively presents both the revolutionary potential and inherent limitations of decentralized systems, emphasizing that blockchain works best when applied at institutional levels rather than individual speculation."

FAQ Section

๐Ÿ‘‰ Discover how blockchain transforms industries

Q: Is cryptocurrency truly anonymous?
A: Most cryptocurrencies offer pseudonymity rather than complete anonymity, with transaction histories permanently recorded on public ledgers.

Q: What differentiates blockchain from traditional databases?
A: Blockchain's decentralized verification system creates tamper-evident records without requiring trusted third parties, though this comes with tradeoffs in speed and efficiency.

Q: Are all cryptocurrencies equally energy-intensive?
A: Proof-of-Stake systems like Ethereum 2.0 consume ~99% less energy than Bitcoin's Proof-of-Work model. New consensus mechanisms continue to emerge.

Q: Can blockchain prevent fraud in financial systems?
A: While blockchain makes transactions tamper-proof, it doesn't eliminate human factors - exchange hacks and phishing scams remain vulnerabilities.

Publisher Profile

๐Ÿ‘‰ Explore blockchain education resources

Electronic Industry Press
Established in 1982 under China's Ministry of Industry and Information Technology, this state-owned publisher specializes in technology and education content across multiple domains including: