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Edition contents
print-2026-05-31
- 01Praise for Defending BitcoinFront matter
- 02DedicationFront matter
- 03ForewordFront matter
- 04Introduction to Bitcoin and CybersecurityFront matter
05IntroductionFront matter
- My Background
- No Such Thing as a Junior
- Down the Bitcoin Rabbit Hole
- Central Themes
- How This Book Is Structured
- Part I – Introduction to Bitcoin and Cybersecurity
- Part II – The Bitcoin Threat Landscape
- Conclusion and Appendices
- Intended Takeaways
06Chapter 1 - Bitcoin: The Decentralized ProtocolChapter
- Precursors to Bitcoin
- The Whitepaper
- Blockchain
- Mining
- The UTXO Model
- The Cryptography of Bitcoin
- Bitcoin Script
- Upgrades and Address Types
- Nodes
- Miners and Pools
- Lightning and the Second Layer
- Summary
07Chapter 2 - Bitcoin: The Hardest Money Ever MadeChapter
- A Brief History of Money
- The Properties of Money
- Absolute Scarcity
- Bitcoin and the Properties of Money
- Bitcoin Fixes This
08Chapter 3 - Cybersecurity FundamentalsChapter
- What Is Cybersecurity?
- The CIA Triad
- Risk Basics
- Cybersecurity Controls
- Personal Security Essentials
- Threats and Threat Actors
- The Convenience/Security Trade-off
- The Security Toolkit
- Summary
09Chapter 4 - Industrial Control SystemsChapter
- The Difference Between IT and OT
- Detailed OT Terminology
- The Purdue Model
- Critical Infrastructure
- ISA/IEC 62443
- Underlying Principles
- Case Study 1 – Stuxnet (2010)
- Case Study 2 – NotPetya (2017)
- Summary
10Chapter 5 - Bitcoin as Critical InfrastructureChapter
- Why Bitcoin Is Critical Infrastructure
- Bitcoin as a Payment System
- The Monetary Grid
- Defending Bitcoin
- Summary
- 11The Bitcoin Threat LandscapePart
12Part II IntroductionPart
- Three Layers
- How to Read Each Chapter
- Onward
13Chapter 6 - Exchange & Custodial FailuresChapter
- The History of Exchanges
- How Exchanges Work
- KYC/AML
- The Threat Landscape
- Threat: Exchange Collapse
- Threat: Account Frozen
- Threat: Credential Compromise
- Action Items
- Summing Up
14Chapter 7 - Securing Your Bitcoin Private KeysChapter
- The Private Key
- Seed Phrases
- Hardware Wallets
- Cold Storage and Hot Wallets
- Multisig
- The Threat Landscape
- Threat: Supply-Chain Tampering
- Threat: Social Engineering
- Threat: Malware
- Threat: Backup Failure
- Threat: Inheritance Failure
- Action Items
- Summing Up
15Chapter 8 - Privacy and Physical SecurityChapter
- On-Chain Privacy Fundamentals
- Transaction Deep Dive
- Privacy Beyond the Base Layer
- The Threat Landscape
- Threat: Chain Analysis
- Threat: Physical Coercion
- Action Items
- Summing Up
16Chapter 9 - Mining CentralizationChapter
- Mining Fundamentals
- Mining Pools
- Payout Models
- Stratum and Block Templates
- Decentralized Mining
- The Threat Landscape
- Threat: Mining Centralization
- Threat: Mining Bans
- Threat: ASIC Supply Chain
- Action Items
- Summing Up
17Chapter 10 - Node-Level Threats and Client-Side DefensesChapter
- The Role of the Node
- Peers and the Gossip Network
- The Mempool
- Bitcoin Core
- Consensus and Forks
- The Threat Landscape
- Threat: Isolation Attacks
- Threat: Software Bugs
- Action Items
- Summing Up
18Chapter 11 - Arbitrary Data & Witness AbuseChapter
- The History of Arbitrary Data
- Ordinals, Inscriptions, and Tokens, Oh My!
- Policy Filters and Consensus Rules
- Censorship
- Fungibility
- The UTXO Set
- The Threat Landscape
- Threat: Fee Displacement
- Threat: UTXO Set Bloat
- Action Items
- Summing Up
19Chapter 12 - Governance RisksChapter
- Bitcoin’s Governance Model
- The Threat Landscape
- Threat: Development Centralization
- Threat: Chain Splits
- Action Items
- Summing Up
20Chapter 13 - Political and Regulatory ThreatsChapter
- The Monetary Monopoly
- The Surveillance Foundation
- The Regulatory Spectrum
- Jurisdictional Arbitrage
- The Threat Landscape
- Threat: Financial Exclusion
- Threat: Mining Bans
- Threat: Criminalization
- Action Items
- Summing Up
21Chapter 14 - Grid and Network FailuresChapter
- Bitcoin’s Physical Dependencies
- The Difficulty Adjustment
- Alternative Connectivity Methods
- The Threat Landscape
- Threat: Infrastructure Failure
- Threat: Internet Outage
- Threat: Catastrophic Tail Risks
- Action Items
- Summing Up
22Chapter 15 - Quantum and AI: Emerging ThreatsChapter
- Quantum Computing Basics
- Shor’s Algorithm and Bitcoin’s Signatures
- Grover’s Algorithm and Mining
- Long and Short Exposure Addresses
- AI and Bitcoin
- The Threat Landscape
- Threat: Key Compromise
- Threat: Quantum Mining Disruption
- Threat: AI and Mining Competition
- Threat: AI Supply Chain
- Action Items
- Summing Up
23ConclusionConclusion
- You Are the Security Team
- Three Layers
- The Unified Control Table
- Start Here (SL 1)
- Go Further (SL 2)
- Advanced Controls (SL 3+)
- Defense-in-Depth
- There Is Always Something You Can Do
- Antifragility and Complacency
- The Dragon and the Tree
- 24Appendices and Back MatterPart
25Appendix 4: Glossary — Bitcoin TermsAppendix
- How Bitcoin Works
- Cryptography and Keys
- Transactions and Address Types
- Wallets and Self-Custody
- Mining
- Network and Governance
- Privacy
26Appendix 5: Glossary — Cybersecurity and ICS TermsAppendix
- Cybersecurity Fundamentals
- Core Concepts
- Threat Actors and Attack Types
- Defenses and Controls
- Industrial Control Systems and Frameworks
- ICS Architecture
- Frameworks and Standards
27Recommended ReadingAppendix
- Bitcoin
- Non-Technical
- Technical
- Books
- Articles and Papers
- Key BIPs
- Quantum and AI Threats to Bitcoin
- Cybersecurity
- Books
- Articles and Papers
- Standards and Frameworks
- Money and Economics
- Books
- Articles
- Infrastructure and Geopolitics
28Online ResourcesAppendix
- Staying Current
- 29AcknowledgementsBack matter
- 30About the AuthorBack matter