Blockchain and Web3

An in-depth and authoritative treatment of one of the most pressing topics of our time In Blockchain and Web3: Building the Cryptocurrency, Privacy, and Security Foundations of the Metaverse, two tech and finance experts deliver a comprehensive and accessible guide to the present and future of blockchain technology and how it will form the foundation of a new, better internet. To support a concept as bold as the Metaverse, we need several orders of magnitude more powerful computing capability, accessible at much lower latencies, across a multitude of devices and screens. You ll discover how blockchain can accelerate data flow, exchange, and transactions to create and transfer value around the world and, at the same time, how it can be used to protect user data privacy and security with decentralized web infrastructures. The book also includes: Discussions of how sovereign governments are entering the blockchain fray and how their entry, especially with CBDC digital currency, shapes the conversations around Web3 Explorations of whether we will ever realize the holy grail of blockchain tech: interoperability to compete with Big Tech platformsDiscussion of new security and privacy issues rising from the intersection of Blockchain, Web3 and Metaverse.A fascinating and eye-opening treatment of the past, present, and future of blockchain and the role it will play on the internet and metaverse, Blockchain and Web3 is a truly original and engaging discussion of a timely and critical topic.

An in-depth and authoritative treatment of one of the most pressing topics of our timeIn Blockchain and Web3: Building the Cryptocurrency, Privacy, and Security Foundations of the Metaverse, two tech and finance experts deliver a comprehensive and accessible guide to the present and future of blockchain technology and how it will form the foundation of a new, better internet.To support a concept as bold as the Metaverse, we need several orders of magnitude more powerful computing capability, accessible at much lower latencies, across a multitude of devices and screens. You'll discover how blockchain can accelerate data flow, exchange, and transactions to create and transfer value around the world and, at the same time, how it can be used to protect user data privacy and security with decentralized web infrastructures. The book also includes:* Discussions of how sovereign governments are entering the blockchain fray and how their entry, especially with CBDC digital currency, shapes the conversations around Web3* Explorations of whether we will ever realize the holy grail of blockchain tech: interoperability to compete with Big Tech platformsDiscussion of new security and privacy issues rising from the intersection of Blockchain, Web3 and Metaverse.A fascinating and eye-opening treatment of the past, present, and future of blockchain and the role it will play on the internet and metaverse, Blockchain and Web3 is a truly original and engaging discussion of a timely and critical topic.

Foreword xiAcknowledgments xviiAbout the Authors xxiiiPreface xxviiPart I Mega Convergence of Digital Technologies in Metaverse 1Chapter 1 Metaverse: Convergence of Tech and Business Models 3Chapter 2 Blockchain, the Backbone of Web3 33Part II Blockchain Breakthroughs Set the Transaction, Privacy, and Security Foundation for the Digital Economy 69Chapter 3 Cryptocurrencies and Tokenomics 71Chapter 4 DeFi (Decentralized Finance): Bankless Metaverse 97Chapter 5 NFTs, Creator Economy, and Open Metaverse 131Chapter 6 Blockchain Gaming in Metaverse 157Chapter 7 Metaverse Privacy: Blockchain vs. Big Tech 183Chapter 8 Metaverse Security 217Part III Three-Way War among Open Metaverse, Big Tech Walled Gardens, and Sovereign States 255Chapter 9 Public Crypto, Government CBDC, and Big Tech Coin 257Chapter 10 Web3 Creator Economy on Blockchain 289Glossary 323Index 349