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Inventing Bitcoin: The Technology Behind The First Truly Scarce and Decentralized Money Explained

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Most people, upon first hearing about Bitcoin, don’t really understand it. Is it magical Internet money? Where does it come from? Who controls it? Why is it important? For me, understanding all the things that come together to make Bitcoin work - the physics, math, cryptography, game theory, economics, and computer science - was a profound moment. In this book, I hope to s Most people, upon first hearing about Bitcoin, don’t really understand it. Is it magical Internet money? Where does it come from? Who controls it? Why is it important? For me, understanding all the things that come together to make Bitcoin work - the physics, math, cryptography, game theory, economics, and computer science - was a profound moment. In this book, I hope to share this knowledge with you in a very simple and easy to understand way. With nothing but a high school level math background, we will walk through inventing bitcoin, step by step.


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Most people, upon first hearing about Bitcoin, don’t really understand it. Is it magical Internet money? Where does it come from? Who controls it? Why is it important? For me, understanding all the things that come together to make Bitcoin work - the physics, math, cryptography, game theory, economics, and computer science - was a profound moment. In this book, I hope to s Most people, upon first hearing about Bitcoin, don’t really understand it. Is it magical Internet money? Where does it come from? Who controls it? Why is it important? For me, understanding all the things that come together to make Bitcoin work - the physics, math, cryptography, game theory, economics, and computer science - was a profound moment. In this book, I hope to share this knowledge with you in a very simple and easy to understand way. With nothing but a high school level math background, we will walk through inventing bitcoin, step by step.

30 review for Inventing Bitcoin: The Technology Behind The First Truly Scarce and Decentralized Money Explained

  1. 5 out of 5

    Ciro

    A very good primer for understanding the history of Bitcoin, what it ACTUALLY is, and where it's going. All under 100 pages. Those who wait too long to invest are probably going to be pretty upset with themselves.

  2. 5 out of 5

    Jonathan Lobatto

    Excellent mid-level introduction to bitcoin that manages to strike a great balance between brevity yet including enough information and analysis to give the reader a very firm foundation on the various components of bitcoin and POW that make it so revolutionary and anti-fragile.

  3. 5 out of 5

    Jon

    Incredibly well-written and a short read, this is the best explanation of Bitcoin I have yet come across. I came out with a much clearer understanding of mining, hashrates, and other weird terms that have had me scratching my head. Well worth the time!

  4. 5 out of 5

    Jakub

    I've read a lot of crypto literature. This is the best, most concise explanation of Bitcoin basics I've come across.

  5. 5 out of 5

    DC Ork

    With "Inventing Bitcoin" author Yan Pritzker set out on a clear mission: to explain the underlying technology of Bitcoin. Honing in specifically on the Bitcoin and not crypto or distributed ledgers more generally, Pritzker goes step by step through the what makes Bitcoin work explaining concepts like Proof of Work and mining in language that anyone can understand. The tone is encouraging and inviting, like a high school teacher who's genuinely passionate about educating his students. In this boo With "Inventing Bitcoin" author Yan Pritzker set out on a clear mission: to explain the underlying technology of Bitcoin. Honing in specifically on the Bitcoin and not crypto or distributed ledgers more generally, Pritzker goes step by step through the what makes Bitcoin work explaining concepts like Proof of Work and mining in language that anyone can understand. The tone is encouraging and inviting, like a high school teacher who's genuinely passionate about educating his students. In this book, you won't find political manifestos or even a shred of conjecture about investment strategies. Pritzker deftly avoids using this as an opportunity to preach why everyone should hold BTC, allowing instead for the objective facts surrounding the tech to demonstrate why this is such revolutionary technology. if you're like me and have bought a small amount of BTC from some sense of FOMO, but without really understanding how it works, this book has the power to turn you from a trend-chasing speculator into an informed investor.

  6. 4 out of 5

    Jump&Yvy

    Great non technical overview on how Bitcoin works. Great non technical overview on how Bitcoin works. The right amount of rigorous details will drive you through the disruption of the financial world as we know it. A must read for everyone really looking into understanding Bitcoin!

  7. 5 out of 5

    Michael

    Solid intro book that explains the basics (especially mining and incentives) at a high level. No economics, no HUGE emphasis on why bitcoin is so important (although it talks some), and far less technical than Mastering Bitcoin. Can be read in 1-2 hours so definitely think it’s worth the time for most.

  8. 4 out of 5

    K

    Breaking it down for the common folk This book does a great job of taking a very large and complicated topic and splitting it into smaller, eat to digest bits. Brings understanding Bitcoin to anyone with a little time to kill.

  9. 4 out of 5

    Slava Baranskyi

    Trip through Satoshi’s head The book is well built for such noons as me. You start with a problems. One by another. And move with the Author solving them, like Nakamoto hopefully did. Great book. Swallowed in it one session. Thanks, Yan. And all great wishes from Ukraine 🙏

  10. 5 out of 5

    Barry Butler

    Good Overview Good overview of Bitcoin, but a little short on other details. I wish it would have gone into more on wallets, transactions, etc.

  11. 5 out of 5

    Riki Roash

    I gained a lot of knowledge from this book. It was written very well and clearly, and there are easy to understand diagrams. I feel like this has helped me get a good grip on the subject.

  12. 4 out of 5

    David

    I will buy this $10 100-page book for anyone I know that wants to read it.

  13. 5 out of 5

    Jakub Mihalciak

    I've read a lot of crypto literature. This is the best, most concise explanation of Bitcoin basics I've come across.

  14. 4 out of 5

    Arun Philips

    Good, brief introduction to the technicals behind bitcoin. Relevant read in 2019.

  15. 4 out of 5

    Yan Pritzker

    The best from-scratch introduction to Bitcoin.

  16. 5 out of 5

    Gerbz

    Awesome way to explain HOW Bitcoin works to non technical people, as oppose why it matters. For that, The Bitcoin Standard.

  17. 5 out of 5

    Stephen Perrenod

    A good intro for Bitcoin novices. The Bitcoin Standard remains the must read book, this might be good preparation for that.

  18. 5 out of 5

    Flurin

  19. 5 out of 5

    Mubarak Abdulrazzaq

  20. 4 out of 5

    Betu

  21. 5 out of 5

    Mike Calandrillo

  22. 4 out of 5

    Roberto

  23. 5 out of 5

    Stuart Allen

  24. 4 out of 5

    SOON LI TEH

  25. 4 out of 5

    Pramu Chandraratne

  26. 4 out of 5

    Hitesh

  27. 4 out of 5

    Bloodleaf

  28. 4 out of 5

    Jamie Le

  29. 5 out of 5

    Lorenzo

  30. 4 out of 5

    AJ

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