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 covered tokenization and relevant concepts and standards. We also covered different types of tokens and related token standards. Moreover, a primer on trading and finance was also provided to familiarize readers with some standard finance concepts, which help us to understand the DeFi ecosystem too, as most DeFi terminology is borrowed from traditional finance.

Also, we introduced a practical example on how to create our own ERC-20-compliant token using the Ethereum platform. Finally, we introduced some emerging ideas related to tokenization.

In the next chapter, we will explore how blockchain can be used outside of the context of its original usage, that is, cryptocurrencies. We will cover various use cases, and consider in particular detail the use of blockchain in IoT.