Book Image

Mastering Blockchain - Third Edition

By : Imran Bashir
Book Image

Mastering Blockchain - Third Edition

By: Imran Bashir

Overview of this book

Blockchain is the backbone of cryptocurrencies, with applications in finance, government, media, and other industries. With a legacy of providing technologists with executable insights, this new edition of Mastering Blockchain is thoroughly revised and updated to the latest blockchain research with four new chapters on consensus algorithms, Serenity (the update that will introduce Ethereum 2.0), tokenization, and enterprise blockchains. This book covers the basics, including blockchain’s technical underpinnings, cryptography and consensus protocols. It also provides you with expert knowledge on decentralization, decentralized application development on Ethereum, Bitcoin, alternative coins, smart contracts, alternative blockchains, and Hyperledger. Further, you will explore blockchain solutions beyond cryptocurrencies such as the Internet of Things with blockchain, enterprise blockchains, tokenization using blockchain, and consider the future scope of this fascinating and disruptive technology. By the end of this book, you will have gained a thorough comprehension of the various facets of blockchain and understand their potential in diverse real-world scenarios.
Table of Contents (24 chapters)
23
Index

Summary

In this chapter, we looked at Ethereum 2.0. We explored various aspects of its architecture and the overall vision behind the development of Ethereum 2.0.

Currently, Ethereum 2.0 is under heavy development and only Phase 0, the beacon chain, is expected to launch in 2020. As the design of Phase 0 is finalized, nothing much is expected to change with the production release of the beacon chain. The techniques and examples used in this chapter can be used for the production chain too, once it's available.

We have also demonstrated in this book's bonus content pages, which we strongly encourage the reader to make use of, how to run Ethereum 2.0 beacon and validator clients. Remember that as the development of Ethereum 2.0 is rapidly evolving, some of the steps mentioned may change slightly, or the testnet that we used may be retracted. However, the steps are essentially the same; you may just have to slightly tweak the commands and run it on a different testnet...