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Bitcoin, Blockchain, and Cryptoassets

A Comprehensive Introduction

Author Fabian Schar, Aleksander Berentsen
$35.99 US
The MIT Press
On sale Sep 01, 2020 | 9780262362900
Sales rights: World
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An introduction to cryptocurrencies and blockchain technology; a guide for practitioners and students.

Bitcoin and blockchain enable the ownership of virtual property without the need for a central authority. Additionally, Bitcoin and other cryptocurrencies make up an entirely new class of assets that have the potential for fundamental change in the current financial system. This book offers an introduction to cryptocurrencies and blockchain technology from the perspective of monetary economics.
I Introduction
1 The Context of Monetary Theory
2 Bitcoin Overview
II Technical Analysis
3 Transactional Capacity
4 Transactional Legitimacy
5 Transactional Consensus
III Further Remarks
6 Bitcoin's Challenges
7 Further Applications
8 Practical Guidelines for Bitcoin
References
Index
"This terrific book lucidly explains the key components of Bitcoin and blockchain, including hashing, public key cryptography, and smart contracts, embedded in an excellent presentation of key concepts from monetary economics and discussion of recent challenges for cryptocurrencies and central bank digital currencies. If you are looking for one book on this topic, this is it."
– Harald Uhlig, Bruce Allen and Barbara Ritzenthaler Professor in Economics and the College, University of Chicago

"Bitcoin made a big splash in the financial world. This accessible book is an excellent introduction to both monetary theory and crypto technology."
– Markus K. Brunnermeier, Edwards S. Sanford Professor of Economics, Princeton University

About

An introduction to cryptocurrencies and blockchain technology; a guide for practitioners and students.

Bitcoin and blockchain enable the ownership of virtual property without the need for a central authority. Additionally, Bitcoin and other cryptocurrencies make up an entirely new class of assets that have the potential for fundamental change in the current financial system. This book offers an introduction to cryptocurrencies and blockchain technology from the perspective of monetary economics.

Table of Contents

I Introduction
1 The Context of Monetary Theory
2 Bitcoin Overview
II Technical Analysis
3 Transactional Capacity
4 Transactional Legitimacy
5 Transactional Consensus
III Further Remarks
6 Bitcoin's Challenges
7 Further Applications
8 Practical Guidelines for Bitcoin
References
Index

Praise

"This terrific book lucidly explains the key components of Bitcoin and blockchain, including hashing, public key cryptography, and smart contracts, embedded in an excellent presentation of key concepts from monetary economics and discussion of recent challenges for cryptocurrencies and central bank digital currencies. If you are looking for one book on this topic, this is it."
– Harald Uhlig, Bruce Allen and Barbara Ritzenthaler Professor in Economics and the College, University of Chicago

"Bitcoin made a big splash in the financial world. This accessible book is an excellent introduction to both monetary theory and crypto technology."
– Markus K. Brunnermeier, Edwards S. Sanford Professor of Economics, Princeton University

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