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  • Book Overview & Buying Mastering Blockchain
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Mastering Blockchain

Mastering Blockchain

By : Imran Bashir
3.3 (10)
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Mastering Blockchain

Mastering Blockchain

3.3 (10)
By: Imran Bashir

Overview of this book

Blockchain is a distributed database that enables permanent, transparent, and secure storage of data. The blockchain technology is the backbone of cryptocurrency – in fact, it’s the shared public ledger upon which the entire Bitcoin network relies – and it’s gaining popularity with people who work in finance, government, and the arts. Blockhchain technology uses cryptography to keep data secure. This book gives a detailed description of this leading technology and its implementation in the real world. This book begins with the technical foundations of blockchain, teaching you the fundamentals of cryptography and how it keeps data secure. You will learn about the mechanisms behind cryptocurrencies and how to develop applications using Ethereum, a decentralized virtual machine. You will explore different blockchain solutions and get an exclusive preview into Hyperledger, an upcoming blockchain solution from IBM and the Linux Foundation. You will also be shown how to implement blockchain beyond currencies, scability with blockchain, and the future scope of this fascinating and powerful technology.
Table of Contents (14 chapters)
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10
10. Alternative Blockchains
12
12. Scalability and Other Challenges
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Chapter 12. Scalability and Other Challenges

This chapter aims to provide an introduction to various challenges that need to be addressed before blockchains can become mainstream technology. Even though various use cases and proof of concept systems have been developed and the technology works well for many of the scenarios, there still is a need to address some fundamental limitations that are present in blockchains in order to make this technology more adaptable.

At the top of the list of these issues comes scalability and then privacy. Both of these are important limitations to address, especially as blockchains are envisioned to be used in privacy-demanding industries too. There are specific requirements around confidentiality of transactions in finance, law and health, whereas scalability is generally a concern where blockchains do not meet the adequate performance levels expected by the users. These two issues are becoming inhibiting factors toward blockchain technology&apos...

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Mastering Blockchain
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