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)

Transactions

This is the primary part of the Bitcoin system. Transactions are not encrypted, since Bitcoin is an open ledger. Any transaction can be publicly seen in the blockchain using any online blockchain explorer. Since addresses are encrypted and encouraged to be unique for every transaction, tracing a user becomes difficult.

Blocks in Bitcoin are made up of transactions that are viewed in a blockchain explorer; each block has the recent transactions that have happened. Every new block goes at the top of the blockchain. Each block has a height number, and the height of the next block is one greater than that of the previous block. The consensus process is commonly known as confirmations on the blockchain explorer.

Types

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