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

Blockchain research


While major innovations have been made in blockchain technology in recent years, the area is still very ripe for further research. Some selected research topics are listed as follows with some information about existing challenges and state of the art. Some ideas are also presented in the following subsections on how to address these issues.

Smart contracts

Significant progress has been made in this area to define the key requirements of smart contracts and development of templates. However, further research is required in the area of making smart contracts more secure and safe.

Centralization issues

This is true for especially Bitcoin mining centralization, there is a growing concern about how Bitcoin can be decentralized again.

Limitations in cryptographic functions

Cryptography used in the Bitcoin blockchain is exceptionally secure and has stood the test of time. In other blockchains, similar security techniques are used and are also very secure. However, specific security...