Crypto Decrypted : Debunking Myths, Understanding Breakthroughs, and Building Foundations for Digital Asset Investing

Break through your "crypto curiosity" and uncover why blockchain innovation will revolutionize our economy, culture, and the future of investing―as well as how to navigate it safely. Between the booms, crashes, jargon, and flashy memes, blockchain technology and digital assets have not been easy for ordinary investors to understand. Hopeful investors in blockchain, digital assets, and crypto everywhere have a lengthy list of questions―and the list keeps getting longer and more nuanced. But who do they turn to for answers? In Crypto Decrypted , Tradecraft Capital’s Jake Ryan and James Diorio decrypt a new world that is hidden in plain view, accessible currently to folks “in the know.” This book is for anyone who finds themselves lost in the blockchain babble, exploring and explaining not only how to participate, but the often overlooked reasons why this new technology is relevant to every human being. Ryan and Diorio dive in deeply, debunking common myths, clarifying major breakthroughs that are often disregarded, and providing easy-to-understand answers for both crypto newbies and blockchain enthusiasts, so they can move beyond the short-term to explore what great opportunities lie ahead for blockchain technologies while providing approaches to investing more safely and soundly so that you too can profit from this technological revolution. You will learn: The basics of blockchain technology , which will allow you to better navigate this new world. The truth that debunks the six most common myths about crypto and blockchain. What the Byzantine Generals’ Problem is, why it is important, and how it will impact your future. Why blockchain technology is so important and how it is relevant to you―yes, you ! The ways in which blockchain innovation will transform our financial systems, our economy, and society itself. How to participate in lower risk approaches in investing in digital assets to diversify your retirement portfolio. Why the Information Age is over and that we’ve already begun a new long-wave economic cycle , the Age of Autonomy® , what the Autonomous Economy will look like in the coming years, and how it will impact us. Just as the internet revolutionized our world decades ago, blockchain technology will impact every person and businesses on the planet– for the better – in the decades to come. "What are is the big breakthrough? It's called the Merge and its purpose is to transform Ethereum, which is the most-used blockchain and powers Ether, the second-largest cryptocurrency, with a $202 billion market cap. Ethereum also hosts numerous decentralized applications (dApps) and decentralized finance (DeFi) protocols and establishes the authenticity of millions of non-fungible tokens (NFTs). This means the outcome of the merge will affect not just the Ethereum blockchain, but a wide constellation of products and services that rely upon it. And given Ethereum's size and influence, the fate of the merge is likely to have a ripple effect on the broader crypto industry. The switch from proof of work to proof of stake will reduce overall energy consumption of Ethereum by 99.9% or more. That's game changing. Also, on Ethereum's road map are four other phases happening in parallel that developers are calling the "surge, verge, purge, and splurge"--all of which aim to make Ethereum much faster, safer, and more decentralized. At the end of this road map, Ethereum will be able to process 100,000 transactions per second. Again, this speed and scale may alter the world of financial services"-- Provided by publisher