Book review: ‘A Digest on Cryptocurrency’ by Ansh Verma

‘A Digest on Cryptocurrency’ is the new book by Ansh Verma and an in-depth look at cryptocurrency. Photo: Amazon

Ansh Verma is a researcher + author + philosopher based in Dhanbad, Jharkhand (India). He researches almost everything that can be observed, felt and/or read, including but not limited to technology, politics, divine, war, behavioral, engineering, investing, military, finance and mathematics. Post graduation, Verma has almost 20 years of experience in thinking/making sense of the world. His new book “A Digest on Cryptocurrency” covers a wide range of topics – the history of cryptocurrency, the different types of cryptocurrencies, and cryptocurrency and the future of finance, that provide a comprehensive understanding of cryptocurrency.

“A Digest on Cryptocurrency” – This expanded digest gives readers a comprehensive and detailed exploration of the diverse aspects of cryptocurrency. Newcomers and seasoned enthusiasts will find it equally helpful, as it includes recent developments in the field. Ansh Verma defines cryptocurrency, covers the history behind it, describes the different types of cryptocurrencies, lists the challenges and concerns surrounding it, which include environmental concerns due to its significant energy consumption, and how it can be used in industries such as gaming and space exploration.

He begins in Introduction to Cryptocurrency by defining it “a revolutionary form of digital or virtual currency that operates on the principles of cryptography and blockchain technology.” He explains the concept, how blockchain technology makes it work, and its basic decentralized structure. In History of Cryptocurrency, he gets deep into the history of this digital currency, including the early beginnings of Bitcoin and the background of Satoshi Nakamoto, its creator. For anyone really interested in Blockchain Technology, this chapter goes heavily into how it works, its core features, and how it can be used to ensure security and transparency in cryptocurrency.

The rest of the book is divided as such:
Cryptocurrency Mining
Popular Cryptocurrencies
Cryptocurrency Exchanges
Crypto Wallets
Cryptocurrency Investment and Trading
Decentralized Finance (DeFi)
Cryptocurrency Regulations
Cryptocurrency and the Future of Finance
Cryptocurrency and Environmental Concerns
Cryptocurrency in Everyday Use
Challenges and Opportunities in Cryptocurrency
Cryptocurrency in the Media and Public Perception
NFTs (Non-Fungible Tokens)
Cryptocurrency and Space Exploration
Cryptocurrency and Gaming Economies
Quantum Computing and Cryptocurrency Security

Overall, “A Digest on Cryptocurrency” is an extremely helpful guide to all matters concerning cryptocurrency. From the history of this innovative digital currency, to the wide variety of uses in various industries – as well as its challenges and concerns, readers will no doubt find these topics informative. The chapters are short and structured to make it convenient to re-read those of particular interest at any given time. Ansh Verma has a way of making any topic easy to follow and understand and this one is no different. If you are looking for a book that fully explains all the concepts of cryptocurrency, then this one is a must-read.

*The author was contacted for an honest review of this book. The views and opinions expressed here belong solely to her.

Rating: 4 out of 5.