Book Image

Advanced Blockchain Development

By : Imran Bashir, Narayan Prusty
Book Image

Advanced Blockchain Development

By: Imran Bashir, Narayan Prusty

Overview of this book

Blockchain technology is a distributed ledger with applications in industries such as finance, government, and media. This Learning Path is your guide to building blockchain networks using Ethereum, JavaScript, and Solidity. You will get started by understanding the technical foundations of blockchain technology, including distributed systems, cryptography and how this digital ledger keeps data secure. Further into the chapters, you’ll gain insights into developing applications using Ethereum and Hyperledger. As you build on your knowledge of Ether security, mining, smart contracts, and Solidity, you’ll learn how to create robust and secure applications that run exactly as programmed without being affected by fraud, censorship, or third-party interference. Toward the concluding chapters, you’ll explore how blockchain solutions can be implemented in applications such as IoT apps, in addition to its use in currencies. This Learning Path also highlights how you can increase blockchain scalability, and discusses the future scope of this fascinating and powerful technology. By the end of this Learning Path, you'll be equipped with the skills you need to tackle pain points encountered in the blockchain life cycle and confidently design and deploy decentralized applications.
Table of Contents (25 chapters)
Title Page
Copyright and Credits
About Packt
Contributors
Preface
15
Blockchain - Outside of Currencies
16
Scalability and Other Challenges
Index

Chapter 14. Alternative Blockchains

This chapter is intended to provide an introduction to alternative blockchain solutions. With the success of Bitcoin and subsequent realization of the potential of blockchain technology, a Cambrian explosion started that resulted in the development of various blockchain protocols, applications, and platforms. Some projects did not gain much traction, for example as an estimate 46% of ICOs have failed this year, but many have succeeded in creating a solid place in this space.

In this chapter, readers will be introduced to alternative blockchains and platforms such as Kadena, Ripple, and Stellar. We will explore the projects that either are new blockchains on their own or provide support to other existing blockchains by providing SDKs, frameworks, and tools to make development and deployment of blockchain solutions easier. The success of Ethereum and Bitcoin has resulted in various projects that spawned into existence by leveraging the underlying technologies...