I am a newbie in to the world of Blockchain and Web 3.0 . I am blown away by the
rapid developments that are happening in the Web 3.0 world. There is a healthy
dose of skepticism towards Web 3.0 technologies by incumbents, while there is
whole hearted enthusiasm from many of the newer players, FinTechs, startups .
The recently concluded Singapore FinTech Festival was all about Web 3.0 . Being
a newbie, I did not understand most of the terms that were being used by the
speakers. For some reason, I was living in a shell and did not pay attention at
all to what was happening in the external world. Coming out the shell after 5
years, I see that there are whole communities of people who are working on
Blockchain and Web 3.0 technology. It is high time I understand this piece of
technology and see if I can make any sense of this exciting field, that is set
to revolutionize the field of financial services. Being a newbie, I looked
around and found this book as a guide to my first step towards understanding
Blockchain.
This post summarizes the main points from the book titled, “The Basics of
Bitcoins and Blockchains” written by Antony Lewis.