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

In this chapter, we discussed the creation of our own cryptocurrency, since we had already discussed the creation of tokens based on the Ethereum platform in Chapter 15, Ethereum Development. In this chapter, we worked on the creation of our own blockchain, by taking a fork of Litecoin, and then making the required changes to create the desired coin with the relevant parameters.

In the following chapters, we will address both sides of the coin in terms of blockchain's future, that is, scalability and other challenges that blockchain is facing. Furthermore, we will discuss the future of blockchain, and how it is going to shape the future of the internet and technology, not just in terms of currency-based industries, but also in terms of other industries in which blockchain acts as a game changer.