Mastering Bitcoin Summary

Andreas M. Antonopoulos

Mastering Bitcoin

by Andreas M. Antonopoulos

Mastering Bitcoin

Andreas M. Antonopoulos

5 min

3 key insights

Visual, audio & text

Cryptocurrency expert Andreas Antonopoulos lifts the curtain on the technology behind the world's most famous cryptocurrency.

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Mastering Bitcoin

by Andreas M. Antonopoulos

Mastering Bitcoin

Andreas M. Antonopoulos

Overview

In July 2010, one bitcoin was trading between $0.0008 — $0.08. Fast forward 11 years, and in April 2021 that same asset would have cost you over $60,000. Bitcoin's value had multiplied by at least 750,000.

Andreas Antonopoulos is a renowned Bitcoin expert and advocate. In Mastering Bitcoin, a technical work aimed mainly at coders, he lays bare the inner workings of the financial phenomenon. Covering almost every major aspect of Bitcoin's technology, among the areas Antonopoulos addresses are how Bitcoin maintains a database without central oversight, its many uses for cryptographic technology, and how the supply of new Bitcoin diminishes over time.

He also gives detailed instructions in the programming languages Python and C++, so coders can explore the Bitcoin software themselves.

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Favorite Quote

"Like an ant colony, the bitcoin network is a resilient network of simple nodes following simple rules that together can do amazing things without any central coordination."

– Andreas Antonopoulos