Ethereum: Ethereum investing, programming, mining, blockchains, and smart contracts; Complete User’s Guide for 2018

Decentralized platforms like Bitcoin changed cryptocurrency forever, but Ethereum is going to change so much more

Before you can successfully mine and invest in Ethereum, you need to understand where it came from, how it works, and how it’s different than Bitcoin The founder of Ethereum wanted to create a blockchain that could incorporate applications and not just currency. He made Ethereum, which has a more complex code and system of “tokens,” which represent anything of value, not just ethers, which is the fuel that Ethereum uses.

Using Ethereum is similar to other cryptocurrencies, with its system of keys and wallets

If you’ve never used Bitcoin before, this book walks you through what you need to know to set up an Ethereum wallet and start collecting ether. You have a private and public key; the private key is just for your use and lets the blockchain know who you are, while the public key is an address that people can send ether to. The wallet stores the key and gives you access to your ether. There are lots of types of wallets, so you’ll learn about the best options, and how to buy and send ether.

Security is a major issue with Ethereum, so you need to know what risks you’re taking and how to keep your account safe

You can lose your ether in a variety of ways, like by simply losing your private key, or when the exchange you’re using collapses. To keep your ether secure, you need to consider cold storage (keeping your ether offline), choosing the right exchange, and keeping your email super secure. This is stuff you need to know. You can never be too careful when it comes to Ethereum security.

One way you can collect ether is to mine it

Becoming a miner means having certain software, and working on confirming the blockchain transactions in exchange for ether. This chapter goes through everything you need, including:

3 comments

  • Amar E

    but it IS good and most importantly everything it says is current and … There is so much nonsense out there about cryptocurrencies and block-chain driven financial tech that it can be hard to figure out where to turn for credible information. Some of the other books I’ve bought on Ethereum and Bitcoin have been awful; just a cursory glance at a complex topic. This book isn’t the be-all end-all of Ethereum, no book is, but it IS good and most importantly everything it says is current and up to date. This field changes all the time so this is actually really…

  • Anonymous

    Oh, it was such useful read so far! I had a huge interest over Ethereum, even I have interest to invest my money over this currency so I was looking for a good source/stuff for getting better understanding. This guidebook really fulfilled my expectation and helped me a lot to learn how to invest on it and all the cores behind this currency. Throughout this read, I have come to know about some effective mining software. Anyways, lastly I want to say if you are serious about investing, then I…

  • Anonymous

    This book isn’t the be-all end-all of Ethereum, no book is, but it IS good and most importantly everything it says is current and up to date. Ethereum can be used for so many things, like a crowdsale, an organization where the blockchain replaces everyone from the CEO to accounting, or building dapps that can do things like give currency out to small businesses in Africa. Using Ethereum is similar to other cryptocurrencies, with its system of keys and wallets. Ethereum is poised to overtake…

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