At this point, you should have a solid foundation in the different mechanisms that blockchains use to reach consensus. Each consensus algorithm makes certain trade-offs between speed, availability, consistency, and fault tolerance. The most common consensus mechanisms are still PoW and PoS, but blockchain development continues at a very rapid pace, and new and improved approaches are likely to be developed. Improvements to consensus algorithms will improve blockchain scalability and reliability, and the scope of the potential applications for the technology.
Blockchain Quick Reference
By :
Blockchain Quick Reference
By:
Overview of this book
Blockchain Quick Reference takes you through the electrifying world of blockchain technology and is designed for those who want to polish their existing knowledge regarding the various pillars of the blockchain ecosystem.
This book is your go-to guide, teaching you how to apply principles and ideas for making your life and business better. You will cover the architecture, Initial Coin Offerings (ICOs), tokens, smart contracts, and terminologies of the blockchain technology, before studying how they work. All you need is a curious mind to get started with blockchain technology. Once you have grasped the basics, you will explore components of Ethereum, such as ether tokens, transactions, and smart contracts, in order to build simple Dapps. You will then move on to learning why Solidity is used specifically for Ethereum-based projects, followed by exploring different types of blockchain with easy-to-follow examples. All this will help you tackle challenges and problems.
By the end of this book, you will not only have solved current and future problems relating to blockchain technology but will also be able to build efficient decentralized applications.
Table of Contents (24 chapters)
Preface
Free Chapter
Blockchain 101
Components and Structure of Blockchain
Decentralization Versus Distributed Systems
Cryptography and Mechanics Behind Blockchain
Bitcoin
Achieving Consensus
Advanced Blockchain Concepts
Cryptocurrency Wallets
Alternate Blockchains
Hyperledger and Enterprise Blockchains
Ethereum 101
Solidity 101
Smart Contracts
Ethereum Development
Ethereum Accounts and Ether Tokens
Decentralized Applications
Mining
ICO 101
Creating Your Own Currency
Scalability and Other Challenges
Future of Blockchain
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Customer Reviews