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

APIs, tools, and DApps

The Web3 JavaScript API provides an interface to the Ethereum blockchain via JavaScript. It provides an object called web3, which contains other objects that expose different methods to support interaction with the blockchain. This API covers methods related to administration of the blockchain, debugging, account-related operations, supporting protocol methods for Whisper, as well as storage and other network-related operations.

This API will be discussed in detail in the next chapter, Chapter 13, Ethereum Development Environment, where we will see how to interact with the Ethereum blockchain with it.

Applications (DApps and DAOs) developed on Ethereum

There are various implementations of DAOs and smart contracts in Ethereum, most notably, the DAO, which was recently misused due to a weakness in the code and required a hard fork for funds to be recovered that had been syphoned out by the attackers. The DAO was created to serve as a decentralized platform to collect...