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

Whisper and Swarm


Whisper and Swarm are a decentralized communication protocol and a decentralized storage platform respectively, being developed by Ethereum developers. Whisper is a decentralized communication protocol, whereas Swarm is a decentralized filesystem.

Whisper lets nodes in the network communicate with each other. It supports broadcasting, user-to-user, encrypted messages, and so on. It's not designed to transfer bulk data. You can learn more about Whisper at https://github.com/ethereum/wiki/wiki/Whisper, and you can see a code example overview at https://github.com/ethereum/wiki/wiki/Whisper-Overview.

Swarm is similar to Filecoin, that is, it differs mostly in terms of technicalities and incentives. Filecoin doesn't penalize stores, whereas Swarm penalizes stores; therefore, this increases the file availability further. You must be wondering how incentive works in swarm. Does it have an internal currency? Actually, Swarm doesn't have an internal currency, rather it uses ether...