Book Image

Blockchain Developer's Guide

By : Brenn Hill, Samanyu Chopra, Paul Valencourt, Narayan Prusty
Book Image

Blockchain Developer's Guide

By: Brenn Hill, Samanyu Chopra, Paul Valencourt, Narayan Prusty

Overview of this book

Blockchain applications provide a single-shared ledger to eliminate trust issues involving multiple stakeholders. It is the main technical innovation of Bitcoin, where it serves as the public ledger for Bitcoin transactions. Blockchain Developer's Guide takes you through the electrifying world of blockchain technology. It begins with the basic design of a blockchain and elaborates concepts, such as Initial Coin Offerings (ICOs), tokens, smart contracts, and other related terminologies. You will then explore the components of Ethereum, such as Ether tokens, transactions, and smart contracts that you need to build simple DApps. Blockchain Developer's Guide also explains why you must specifically use Solidity for Ethereum-based projects and lets you explore different blockchains with easy-to-follow examples. You will learn a wide range of concepts - beginning with cryptography in cryptocurrencies and including ether security, mining, and smart contracts. You will learn how to use web sockets and various API services for Ethereum. By the end of this Learning Path, you will be able to build efficient decentralized applications. This Learning Path includes content from the following Packt products: • Blockchain Quick Reference by Brenn Hill, Samanyu Chopra, Paul Valencourt • Building Blockchain Projects by Narayan Prusty
Table of Contents (37 chapters)
Title Page
Copyright
About Packt
Contributors
Preface
Index

Example block data


In this section, we are going to examine the data structures that are used in blockchains. We will be looking primarily at Ethereum, Bitcoin, and Bitshares blockchains to see key commonalities and differences.

Example Ethereum block

Here is the data from an example Ethereum block, from block 5223669:

If you remember, at the beginning of the chapter, we said there were three things common to blockchains: the reference to the prior block, the Hash of the transactions in the block, and network-specific metadata. In this block from the Ethereum network, all three are present. The reference to the prior block is contained by the block height and parent hash values. The Hash of the transactions is the hash entry, and the metadata is everything else, which will be network specific.

Bitcoin block

Here is a snapshot of a Bitcoin block:

Both Bitcoin and Ethereum are PoW chains; let's look now at a Proof of Stake (POS) ecosystem: Bitshares.

Here is some data from a Bitshares block:

Despite...