Book Image

Advanced Blockchain Development

By : Imran Bashir, Narayan Prusty
Book Image

Advanced Blockchain Development

By: Imran Bashir, Narayan Prusty

Overview of this book

Blockchain technology is a distributed ledger with applications in industries such as finance, government, and media. This Learning Path is your guide to building blockchain networks using Ethereum, JavaScript, and Solidity. You will get started by understanding the technical foundations of blockchain technology, including distributed systems, cryptography and how this digital ledger keeps data secure. Further into the chapters, you’ll gain insights into developing applications using Ethereum and Hyperledger. As you build on your knowledge of Ether security, mining, smart contracts, and Solidity, you’ll learn how to create robust and secure applications that run exactly as programmed without being affected by fraud, censorship, or third-party interference. Toward the concluding chapters, you’ll explore how blockchain solutions can be implemented in applications such as IoT apps, in addition to its use in currencies. This Learning Path also highlights how you can increase blockchain scalability, and discusses the future scope of this fascinating and powerful technology. By the end of this Learning Path, you'll be equipped with the skills you need to tackle pain points encountered in the blockchain life cycle and confidently design and deploy decentralized applications.
Table of Contents (25 chapters)
Title Page
Copyright and Credits
About Packt
Contributors
Preface
15
Blockchain - Outside of Currencies
16
Scalability and Other Challenges
Index

Summary


In this chapter, we introduced you to the blockchain technology at an advanced level. First, we discussed some basic concepts of distributed systems, and then we reviewed the history of blockchain. We also discussed concepts such as electronic cash.

Furthermore, we presented various definitions of blockchain from different point of views. We also introduced you to few applications of blockchain technology. Next, we explored different types of blockchain. Finally, we examined the benefits and limitations of this new technology. Few topics such as blockchain scalability and adaptability issues were intentionally introduced only briefly, as these will be discussed in depth, in later chapters.

In the next chapter, we will introduce you to the concept of decentralization, which is central to the idea behind blockchains and their vast number of applications.