Andreas Antonopoulos ‘Mastering Bitcoin’ Mentioned on Chinese National Television

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Steve Anderrson
Steve Anderson is an Australian crypto enthusiast. He is a specialist in management and trading for over 5 years. Steve has worked as a crypto trader, he loves learning about decentralisation, understanding the true potential of the blockchain. Join the official channel of thecoinrepublic, For the latest news updates: https://t.me/thecoinrepublic

Antonopoulous, widely considered one of the leading experts on Bitcoin and professional speaker on the subject who has made numerous major media appearances, was nevertheless pleased with the news. He considers himself the “open blockchain expert.”

According to @cnLedger, who follows Chinese cryptocurrency news, Andreas  Antonopoulous’ book, Mastering Bitcoin, was recently recommended on Chinese television as a way to get introduced to cryptocurrency and the blockchain.

The tweet mentions that the Chinese version of the book, as made available in the Asian nation, has a completely different title – Blockchain: The Path Towards Digitized Assets.

The book is meant to introduce a newcomer to Bitcoin and help them become a “master” of the subject. Of course, there’s no mastery of something which remains in development, the book does a great job of helping people get acquainted with the subject. There are numerous complexities within Bitcoin which the book helps to iron out, from the first chapter on, such as the following:

Bitcoin is a distributed, peer-to-peer system. As such, there is no “central” server or point of control. Bitcoin is created through a process called “mining,” which involves competing to find solutions to a mathematical problem while processing bitcoin transactions. Any participant in the bitcoin network (i.e., anyone using a device running the full bitcoin protocol stack) may operate as a miner, using their computer’s processing power to verify and record transactions. Every 10 minutes, on average, a bitcoin miner is able to validate the transactions of the past 10 minutes and is rewarded with brand new bitcoin. Essentially, bitcoin mining decentralizes the currency-issuance and clearing functions of a central bank and replaces the need for any central bank.

Several Chinese people have become notable figures in important debates and topics within the Bitcoin space, including Jihan Wu and Samson Mow, both of whom played prominent if opposite roles in the great Bitcoin scaling debate which eventually culminated in the Bitcoin Cash fork.

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