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

Cryptographic primitives


Cryptographic primitives are the basic building blocks of a security protocol or system. In the following section, you are introduced to cryptographic algorithms that are essential for building secure protocols and systems. A security protocol is a set of steps taken to achieve the required security goals by utilizing appropriate security mechanisms. Various types of security protocols are in use, such as authentication protocols, non-repudiation protocols, and key management protocols.

The taxonomy of cryptographic primitives can be visualized as shown here:

Cryptographic primitives

As shown in the cryptographic primitives taxonomy diagram, cryptography is mainly divided into two categories: symmetric cryptography and asymmetric cryptography.

These primitives are discussed further in the next section.

Symmetric cryptography

Symmetric cryptography refers to a type of cryptography where the key that is used to encrypt the data is the same one that is used for decrypting...