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)


Corda is not a blockchain by definition because it does not use blocks for batching transactions. Still, it is a distributed ledger, and provides all benefits that a blockchain can. Traditional blockchain solutions have the concept of transactions that are bundled together in a block, and each block is linked back cryptographically to its parent block, providing an immutable record of transactions. This is not the case with Corda.

Corda has been designed entirely from scratch with a new model for providing all blockchain benefits, but without a traditional blockchain with blocks. It was developed initially for the financial industry to solve issues arising from each organization managing its own local ledgers. This means that each organization has its own "view of truth." This situation often leads to contradictions and operational risk. Moreover, data is also duplicated at each organization, which results in an increased cost of managing individual infrastructures...