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

Bitcoin Architecture

Bitcoin was the first application of blockchain technology and has started a revolution with the introduction of the very first fully decentralized digital currency. It has proven to be remarkably secure and valuable as a digital currency, despite being highly volatile. The invention of Bitcoin has also sparked great interest within academia and industry and opened many new research areas. In this chapter, we shall introduce Bitcoin in detail.

Specifically, in this chapter, we will focus our attention upon the fundamentals of Bitcoin, how transactions are constructed and used, transaction structures, addresses, accounts, and mining, over the following topic areas:

  • Introducing Bitcoin
  • Cryptographic keys
  • Addresses
  • Transactions
  • Blockchain
  • Miners
  • Network
  • Wallets

Let’s begin with an overview of Bitcoin.