Book Image

Blockchain By Example

By : Bellaj Badr, Richard Horrocks, Xun (Brian) Wu
Book Image

Blockchain By Example

By: Bellaj Badr, Richard Horrocks, Xun (Brian) Wu

Overview of this book

The Blockchain is a revolution promising a new world without middlemen. Technically, it is an immutable and tamper-proof distributed ledger of all transactions across a peer-to-peer network. With this book, you will get to grips with the blockchain ecosystem to build real-world projects. This book will walk you through the process of building multiple blockchain projects with different complexity levels and hurdles. Each project will teach you just enough about the field's leading technologies, Bitcoin, Ethereum, Quorum, and Hyperledger in order to be productive from the outset. As you make your way through the chapters, you will cover the major challenges that are associated with blockchain ecosystems such as scalability, integration, and distributed file management. In the concluding chapters, you’ll learn to build blockchain projects for business, run your ICO, and even create your own cryptocurrency. Blockchain by Example also covers a range of projects such as Bitcoin payment systems, supply chains on Hyperledger, and developing a Tontine Bank Every is using Ethereum. By the end of this book, you will not only be able to tackle common issues in the blockchain ecosystem, but also design and build reliable and scalable distributed systems.
Table of Contents (13 chapters)

Building a Bitcoin Payment System

The previous chapter was an excellent starting point for understanding the blockchain and learning about bitcoin. In fact, we covered many basic concepts and elementary operations, such as signing, sending raw transactions, and storing data in the blockchain. In this chapter, we'll continue to explore the blockchain, firstly by building a customer-friendly payment system based on the Bitcoin payment protocol, and secondly, by building our first smart contract in the bitcoin system.

The end goal of this chapter is to help you acquire the necessary technical background to understand bitcoin's mechanics and build your first bitcoin applications using very common languages such as JavaScript and Java. If you're an experienced programmer, most likely you are familiar with one of these technologies; if not, I recommend you spend time...