Book Image

Mastering Blockchain - Fourth Edition

By : Imran Bashir
5 (3)
Book Image

Mastering Blockchain - Fourth Edition

5 (3)
By: Imran Bashir

Overview of this book

Blockchain is the backbone of cryptocurrencies, it has had a massive impact in many sectors, including finance, supply chains, healthcare, government, and media. It’s also being used for cutting edge technologies such as AI and IoT. This new edition is thoroughly revised to offer a practical approach to using Ethereum, Hyperledger, Fabric, and Corda with step-by-step tutorials and real-world use-cases to help you understand everything you need to know about blockchain development and implementation. With new chapters on Decentralized Finance and solving privacy, identity, and security issues, as well as bonus online content exploring alternative blockchains, this is an unmissable read for everyone who wants to gain a deep understanding of blockchain. The book doesn’t shy away from advanced topics and practical expertise, such as decentralized application (DApp) development using smart contracts and oracles, and emerging trends in the blockchain space. Throughout the book, you’ll explore blockchain solutions beyond cryptocurrencies, such as the IoT with blockchain, enterprise blockchains, and tokenization, and gain insight into the future scope of this fascinating and disruptive technology. By the end of this blockchain book, you will have gained a thorough comprehension of the various facets of blockchain and understand the potential of this technology in diverse real-world scenarios.
Table of Contents (24 chapters)
23
Index

Ethereum in Practice

This chapter introduces the Ethereum development environment. Several examples will be presented in this chapter to complement the theoretical concepts provided in the previous chapter.

We will begin by considering the practical payment process in Ethereum, and some recent and upcoming innovations to the blockchain. We will then look at test nets, which can play a vital role in testing the smart contracts before deploying on the main net. Then, we will look at the private net option in Ethereum, which allows the creation of an independent private network. This private network can be used as a shared distributed ledger between participating entities and for the development and testing of smart contracts.

While there are other clients available for Ethereum, Geth is the leading client for Ethereum and the standard tool of choice, and as such, this chapter uses Geth for the examples. We will also use Remix IDE to write smart contracts and MetaMask to deploy...