Book Image

Blockchain Quick Reference

By : Mariko Amekodommo, Brenn Hill, Samanyu Chopra, Paul Valencourt
Book Image

Blockchain Quick Reference

By: Mariko Amekodommo, Brenn Hill, Samanyu Chopra, Paul Valencourt

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)

Decentralized Applications

Decentralized Applications (DApps) are applications that run across a decentralized network and are not owned or controlled by a centralized authority. They differ from distributed applications primarily in terms of ownership. A distributed application may run on thousands of computers, but those computers and the management of the software running on them are controlled by a central authority—Amazon, Microsoft, and so on. A decentralized application runs on what is typically a peer-to-peer network and is designed in such a way that no one person or organization can control the functioning of the application. A decentralized application does not require a blockchain. There were multiple decentralized applications before blockchain: BitTorrent, Tor, and Mastodon are all decentralized applications that exist without the use of a blockchain.

In this...