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The Secrets of Bitcoin

The Secrets of Bitcoin

Discover the Flaws of the Bitcoin System, what no one Will Tell You. This is the Only Essential Guide Before Starting

by J H Titor
Paperback
Publication Date: 15/07/2021

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Do you think you know anything about Bitcoin?




If so, you may be ready for Cryptoeconomics. This does not work for the uninitiated. The content is dense - it does not repeat itself. It is not a contribution to the echo chamber, will not show you how to set up a wallet, the future price, or what to do.




Cryptoeconomics applies rational economic principles to Bitcoin, demonstrating flaws and unnecessary complexities in them and common understandings of Bitcoin. It will improve your understanding of both. Bitcoin requires a new, rigorous, and comprehensive discipline. This is it.




Bitcoin is something new. It seems to defy understanding. Has there ever been fixed supply money? Is there another case of production cost varying directly with product price? Is there anything else with a competitive yet fixed rate of translatability? To see past the hype, understand the value proposition, security model, and economic behavior, this may be your only source.




Bitcoin is economics, technology, and security. Without incorporating all of these aspects, errors will be made. Economists, technologists, security experts, and even numerologists have attempted to explain it. Each brings a limited perspective, failing to incorporate essential aspects. The author found himself uniquely qualified to integrate them.




His work in Bitcoin began with a hardware wallet. He spent a year analyzing threats, working with electronics design, hardware exploitation, and state surveillance experts. He chose the Libbitcoin software library, as Satoshi's prototype was not factored for development and was largely financed by the Bitcoin Foundation, a corporate consortium. He later dedicated himself to Libbitcoin, eventually writing or editing all of its 500,000 lines of code. Few have comparable experience with such a comprehensive Bitcoin stack.




As a combat-experienced fighter pilot in the U.S. Navy, he experienced state threats. He became a highly-qualified Strike Fighter Tactics Instructor, in which his primary role was tactics analysis and threat presentation. He also advised the Navy on the Strike Fighter Training System network, Joint Strike Fighter, early GPS weapons, and F/A-18 systems. His understanding of the physical nature of all security was enhanced by decades of training in Japanese martial arts, achieving black belt rankings in five disciplines.




His degree and experience in computer science mixed with extensive business experience, founding several companies. He has worked at IBM and as a Principal Architect at Microsoft, two of the world's largest companies. The latter purchased his first startup, and Veritas Capital acquired his second. He was awarded three related U.S. patents. Eventually, he became an angel investor, sharing his experience with other entrepreneurs.




As CTO of his first company, he published three computer security advisories via Computer Emergency Response Team. Each was derived entirely from his reading of user documentation. Later he earned a seat on the DHS Open Vulnerability Assessment Language advisory board to work on software patching. In recent years he uncovered material security flaws in each of the first three iterations of a popular "secure element" hardware wallet, again from a review of user documentation.




The ability to integrate these diverse and relevant experiences led to Cryptoeconomics. This is your next stop.
ISBN:
9781803180540
9781803180540
Category:
Finance
Format:
Paperback
Publication Date:
15-07-2021
Publisher:
J.H. Titor
Pages:
200
Dimensions (mm):
229x152x11mm
Weight:
0.27kg

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