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

Other challenges

In addition to key issues such as privacy and scalability, there are a few other challenges that can hinder the adoption of blockchain as a mainstream technology. We'll discuss these challenges and some possible solutions next.

Interoperability

We discussed interoperability briefly earlier in this book. It is sufficient to say here that interoperability is an open challenge and while many initiatives such as Cosmos, Polkadot, and Interledger are in progress to address this limitation, there is still a long way to go. One of the approaches is standardization of blockchain protocols, thus making them compatible with one another. Another approach is to develop protocols that will make existing blockchains interact with each other, such Interledger.

We cover Cosmos and Interledger in detail in this book's bonus content pages, here https://static.packt-cdn.com/downloads/Altcoins_Ethereum_Projects_and_More_Bonus_Content.pdf. In this section, we will...