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Bitcoin and Cryptocurrency Technologies: A Comprehensive Introduction

by Arvind Narayanan, Joseph Bonneau, Edward Felten, Andrew Miller and Steven Goldfeder Princeton University Press
Pub Date:
Hbk 336 pages
AU$112.00 NZ$115.65
Product Status: In Stock Now
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& Academics:
An authoritative and selfcontained introduction to the exciting new technologies of digital money


Bitcoin and Cryptocurrency Technologies provides a comprehensive introduction to the revolutionary yet often misunderstood new technologies of digital currency. Whether you are a student, software developer, tech entrepreneur, or researcher in computer science, this authoritative and self-contained book tells you everything you need to know about the new global money for the Internet age.


How do Bitcoin and the block chain actually work? How secure are your bitcoins? How anonymous are their users? Can cryptocurrencies be regulated? These are some of the many questions this book answers. It begins by tracing the history and development of Bitcoin and cryptocurrencies, and then gives the conceptual and practical foundations you need to engineer secure software that interacts with the Bitcoin network as well as integrate ideas from Bitcoin into your own projects. Topics include decentralization, mining, the politics of Bitcoin, altcoins and the cryptocurrency ecosystem, the future of Bitcoin, and more.


  • An essential introduction to the new technologies of digital currency

  •  Covers the history and mechanics of Bitcoin and the block chain, security, decentralization, anonymity, politics and regulation, altcoins, and much more

  •  Features an accompanying website that includes instructional videos for each chapter, homework problems, programming assignments, and lecture slides

  •  Also suitable for use with the authors’ Coursera online course

  •  Electronic solutions manual (available only to professors)

FOREWORD The Long Road to Bitcoin ix
Jeremy clark
1 Introduction to Cryptography and Cryptocurrencies 1
2 How Bitcoin Achieves Decentralization 27
3 Mechanics of Bitcoin 51
4 How to Store and Use Bitcoins 76
5 Bitcoin Mining 104
6 Bitcoin and Anonymity 138
7 Community, Politics, and Regulation 168
8 Alternative Mining Puzzles 190
9 Bitcoin as a Platform 213
10 Altcoins and the Cryptocurrency Ecosystem 242
11 Decentralized Institutions: The Future of Bitcoin? 272

“Among this book’s many features
are lots of nice concrete examples
and pleasant anecdotes, as well as a
highly readable and enjoyable history
of cryptocurrencies. Strongly recommended.”
- Tyler Moore, University of Tulsa
Arvind Narayanan is assistant professor of computer science at Princeton University. Joseph Bonneau is a postdoctoral researcher at the Applied Cryptography Group at Stanford University. Edward Felten is director of Princeton’s Center for Information Technology Policy. Andrew Miller is a PhD student in computer science at the University of Maryland. Steven Goldfeder is a PhD student in computer science at Princeton.