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, readers have been introduced to the security, confidentiality, and privacy aspects of blockchain technology. Privacy was discussed, which is another major inhibiting factor in adapting public blockchains for various industries. Next, smart contract security, which is a very hot topic currently, was discussed. It is a deep and extensive subject but a brief introduction on various aspects has been given, which should serve as a solid ground for further research in this area.

For example, formal verification on its own is a vast area for research. Furthermore, examples of formal verification have also been provided to give readers an idea of what tools are available. It should be noted that the tools mentioned earlier are under heavy development and lack various desirable features. Also, documentation is quite scarce; therefore, readers are encouraged to keep an eye on developments, especially around formal verification and developments related to the Ethereum mauve...