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)

Mining hardware

The cryptocurrency mining community has gone through a lot of innovation and resistance hand-in-hand to take care of the core principles of blockchain. Mining can be done using home-based computers and specialized hardware. The types of hardware commonly used for cryptocurrency mining are discussed in the following sections.

CPU-based mining

This was the first type of mining available in the official Bitcoin client. During the initial days of Bitcoin, home-based computers were able to mine coins. With the advent of more powerful and specialized hardware, Bitcoin mining is no longer preferred for mining Bitcoins. Other coins still support CPU mining, but as the coins' difficulty grows with time, mining...