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How Crypto Works

A comprehensive guide to understanding cryptocurrency technology

Welcome to the bilingual edition of "How Crypto Works" - a deep dive into the mechanics, markets, and mechanisms that power the cryptocurrency ecosystem.

About This Book

This GitBook provides both English and Korean versions of each chapter, allowing readers to: - Switch between languages using tabs - Compare technical terminology across languages - Learn cryptocurrency concepts in their preferred language

Coverage

From Bitcoin's foundational proof-of-work to cutting-edge innovations in DeFi, MEV, and quantum resistance, this book explores:

  • Core Protocols: Bitcoin, Ethereum, Solana, and L1 blockchains
  • Infrastructure: Custody, market structure, and trading
  • Advanced Topics: DeFi, MEV, stablecoins, RWAs
  • Emerging Tech: NFTs, governance, DePIN, prediction markets
  • Future Challenges: Quantum resistance

How to Use This Book

Each chapter contains English and 한국어 tabs - simply click to switch between languages. Technical terms are preserved in English with Korean translations provided in parentheses on first use.

Use the sidebar to navigate between chapters. Start with the Preface for an overview, then proceed through the chapters in order or jump to topics of interest.

Note: This is a technical reference. Some familiarity with cryptocurrency basics is recommended but not required.