Book Image

Building Blockchain Projects

By : Narayan Prusty
Book Image

Building Blockchain Projects

By: Narayan Prusty

Overview of this book

Blockchain is a decentralized ledger that maintains a continuously growing list of data records that are secured from tampering and revision. Every user is allowed to connect to the network, send new transactions to it, verify transactions, and create new blocks, making it permission-less. This book will teach you what blockchain is, how it maintains data integrity, and how to create real-world blockchain projects using Ethereum. With interesting real-world projects, you will learn how to write smart contracts which run exactly as programmed without any chance of fraud, censorship, or third-party interference, and build end-to-e applications for blockchain. You will learn about concepts such as cryptography in cryptocurrencies, ether security, mining, smart contracts, solidity, and more. You will also learn about web sockets, various API services for Ethereum, and much more. The blockchain is the main technical innovation of bitcoin, where it serves as the public ledger for bitcoin transactions.
Table of Contents (16 chapters)
Title Page
About the Author
About the Reviewers
Customer Feedback

Decentralized autonomous organization

Typically, signed papers represent organizations, and the government has influence over them. Depending on the type of organization, the organization may or may not have shareholders.

Decentralized autonomous organization (DAO) is an organization that is represented by a computer program (that is, the organization runs according to the rules written in the program), is completely transparent, and has total shareholder control and no influence of the government.

To achieve these goals, we need to develop a DAO as a DApp. Therefore, we can say that DAO is a subclass of DApp.

Dash, and the DAC are a few example of DAOs.


What is a decentralized autonomous corporation (DAC)?There is still no clear difference between DAC and DAO. Many people consider them to be the same whereas some people define DAC as DAO when DAO is intended to make profits for shareholders.