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)


Quorum is an open source enterprise blockchain platform. It is a lightweight fork of Ethereum. Quorum not only benefits from the innovation and research being done in the upstream public Ethereum (Geth) project, but also many excellent enterprise features have been introduced in Quorum. These enterprise features primarily focus on providing enterprise-grade privacy, performance, and permissioning (access control).

In this section, we'll explore Quorum's architecture in detail and see a practical example of how to set up a Quorum network. First, let's take a look at Quorum's architecture.

Quorum addresses three fundamental issues in public blockchains, which makes Quorum an excellent choice for enterprise use cases:

  • Privacy
  • Performance
  • Enterprise governance

At a high level, the Quorum architecture consists of nodes and their associated privacy managers. The Quorum node is a modified and enhanced version of public...