Understanding the mechanisms and risk behind Bitcoin can be a challenge, but this book breaks it down into easytounderstand language to give you a solid grasp of just where your money is going. You'll learn the details of Bitcoin trading, how to set up your Bitcoin wallet, and everything you need to get started right away. An indepth discussion on security shows you how to protect yourself against some of the riskier aspects of this opensource platform, helping you reduce your risks in the market and use Bitcoin safely and effectively.
Bitcoin uses peertopeer technology to operate with no central authority or banks, with transaction management and issuing of Bitcoins carried out collectively by the network.