Blockchain Basics

A Non-Technical Introduction in 25 Steps

By: Daniel Drescher

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eText | 14 March 2017

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In 25 concise steps, you will learn the basics of blockchain technology. No mathematical formulas, program code, or computer science jargon are used. No previous knowledge in computer science, mathematics, programming, or cryptography is required. Terminology is explained through pictures, analogies, and metaphors.

This book bridges the gap that exists between purely technical books about the blockchain and purely business-focused books. It does so by explaining both the technical concepts that make up the blockchain and their role in business-relevant applications.

What You'll Learn

What the blockchain is
Why it is needed and what problem it solves
Why there is so much excitement about the blockchain and its potential
Major components and their purpose
How various components of the blockchain work and interact
Limitations, why they exist, and what has been done to overcome them
Major application scenarios

Who This Book Is For

Everyone who wants to get a general idea of what blockchain technology is, how it works, and how it will potentially change the financial system as we know it