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)


This chapter introduced the concept of decentralization, which is the core service offered by blockchain technology. Although the concept of decentralization is not new, it has gained renewed significance in the world of blockchain. As such, various applications based on a decentralized architecture have recently been introduced.

The chapter began with an introduction to the concept of decentralization. Next, decentralization from the blockchain perspective was discussed. Moreover, ideas relating to the different layers of decentralization in the blockchain ecosystem were introduced. Several new concepts and terms have emerged with the advent of blockchain technology and decentralization from the blockchain perspective, including DAOs, DACs, and DAPPs. Finally, some innovative trends and examples of DApps were presented.

In the next chapter, fundamental concepts necessary to understanding the blockchain ecosystem will be presented. Principally cryptography, which provides a crucial foundation for blockchain technology.