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)

The chain between blocks

In addition to the transaction ledger, each block typically contains some additional metadata. The metadata includes the following:

  • A reference to the prior block
  • Metadata about the network
  • The Merkle root of the transactions, which acts as a check of the validity of the block

These basics tend to be common for all blockchains. Ethereum, Bitcoin, Litecoin, and others use this common pattern, and this pattern is what makes it a chain. Each chain also tends to include other metadata that is specific to that ecosystem, and those differences will be discussed in future chapters. Here is an example from the Bitcoin blockchain:

By Satoshi Nakamoto: http://Bitcoin.org/Bitcoin.pdf, MIT, https://commons.wikimedia.org/w/index.php?curid=24542868

If you are asking, What is a Merkle root?, that brings us to our next set of key concepts: hashing and signature.

...