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)


Privacy in blockchain can be divided into two main categories based on the type of service required. These categories are the anonymity of the users and the confidentiality of the transactions. Anonymity is concerned with hiding the sender's or receiver's identity, whereas confidentiality addresses the requirements of hiding transaction values.


Anonymity is desirable in situations where the identity of users is required to be hidden from other participants on the network. This can be due to regulatory requirements, enterprise requirements, or just due to the sensitive nature of the transactions. For example, in a business network, it might be desirable to hide the dealings between different participants on the network from other competitors to avoid friction or unjustified business competitive advantage. The properties of unlinkability and untraceability are used to achieve anonymity.

The property of untraceability allows for the hiding...