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

Supporting protocols

Various supporting protocols are available to assist the complete decentralized ecosystem. This includes the Whisper and Swarm protocols. In addition to the contracts layer, which is the core blockchain layer, there are additional layers that need to be decentralized to achieve a complete decentralized ecosystem. This includes decentralized storage and decentralized messaging.

Whisper, being developed for Ethereum, is a decentralized messaging protocol, whereas Swarm is a decentralized storage protocol. Both of these technologies provide the basis for a fully decentralized web and are described in the following sections.

Whisper

Whisper provides decentralized peer-to-peer messaging capabilities to the Ethereum network. In essence, Whisper is a communication protocol that DApps use to communicate with each other. The data and routing of messages are encrypted within Whisper communications. Whisper makes use of the DEVp2p wire protocol for exchanging messages between...