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

Blockchain Security

Other than scalability and privacy, there is another challenge that needs to be addressed in order for blockchains to become even more trustworthy. The issue is that of security. The security of blockchain is crucial because it is the backbone of many use cases, including sensitive ones like healthcare, finance, and supply chain management. With the advent of DeFi, it has become even more important to ensure the correct functioning of blockchain so that there are no vulnerabilities left in the blockchain that could be exploited, resulting in a loss of funds or other unintended consequences.

As the blockchain ecosystem is composed of several layers, there are security concerns at every layer, and we’ll discuss them in this chapter. There are also layer 2 (side chains, etc.) related security concerns, which we’ll also shed some light on in this chapter.

We’ll cover the following topics in this chapter:

  • Security in blockchain...