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)

Distributed Storage IPFS and Swarm

In our discussions of Ethereum so far, it should have become clear that using the Ethereum blockchain to store large amounts of data is neither cost-effective, nor what it was designed for. Storing information in the blockchain means storing it as state data, and doing so requires payment in the form of gas.

In this chapter, we will look at ways that data can be stored in a distributed manner by way of two different platforms: IPFS and Swarm. After introducing both platforms, we will describe how to install and make basic use of them, and demonstrate how both can be used to host the ICO DApp we created in Chapter 8, Creating an ICO. Finally, we will create a small project to help us become familiar with how IPFS can be used programmatically in a website frontend.