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)

Summary

You should now understand the difference between a decentralized application and a distributed application. A distributed application is one that is spread across many servers and systems, and ideally, the computers involved are also spread across multiple geographic regions for purposes of backup, processing, and availability. A DApp is one in which no single company, person, or group has control over the operation of the application.

While there are many blockchain applications coming to market, not all of them are truly decentralized. In many cases, these applications are merely distributed differently than prior applications by piggybacking on a public blockchain network. If a company or a few key users still control the operation and function of an application, then that application is not truly decentralized, even if it runs on a decentralized network.

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