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Blockchain and Web3. Building the Cryptocurrency, Privacy, and Security Foundations of the Metaverse. Edition No. 1

  • Book

  • 400 Pages
  • August 2022
  • John Wiley and Sons Ltd
  • ID: 5837269
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 platforms

Discussion 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.

Table of Contents

Foreword xi

Acknowledgments xvii

About the Authors xxiii

Preface xxvii

Part I Mega Convergence of Digital Technologies in Metaverse 1

Chapter 1 Metaverse: Convergence of Tech and Business Models 3

Chapter 2 Blockchain, the Backbone of Web3 33

Part II Blockchain Breakthroughs Set the Transaction, Privacy, and Security Foundation for the Digital Economy 69

Chapter 3 Cryptocurrencies and Tokenomics 71

Chapter 4 DeFi (Decentralized Finance): Bankless Metaverse 97

Chapter 5 NFTs, Creator Economy, and Open Metaverse 131

Chapter 6 Blockchain Gaming in Metaverse 157

Chapter 7 Metaverse Privacy: Blockchain vs. Big Tech 183

Chapter 8 Metaverse Security 217

Part III Three-Way War among Open Metaverse, Big Tech Walled Gardens, and Sovereign States 255

Chapter 9 Public Crypto, Government CBDC, and Big Tech Coin 257

Chapter 10 Web3 Creator Economy on Blockchain 289

Glossary 323

Index 349

Authors

Winston Ma Ken Huang