Sed quis custodiet ipsos custodes? (But who will guard the guards themselves?)
—Juvenal, ca. 100 BCE
Understanding cryptoassets involves understanding blockchain. The first cryptoasset, Bitcoin, is only possible through blockchain, and blockchain was developed to make Bitcoin possible. While alternative technologies were subsequently developed to make cryptoassets technically possible, blockchain remains the core behind most cryptoassets.
This chapter only scratches the surface of some essential technical aspects enabling ...