Mastering Blockchain: A deep dive into distributed ledgers, consensus protocols, smart contracts, DApps, cryptocurrencies, Ethereum, and more, 3rd Edition
Mastering Blockchain: A deep dive into distributed ledgers, consensus protocols, smart contracts, DApps, cryptocurrencies, Ethereum, and more, 3rd Edition
Develop a deeper understanding of what’s under the hood of blockchain with this technical reference guide on one of the most disruptive modern technologies
Key Features
- Updated with four new chapters on consensus algorithms, Ethereum 2.0, tokenization, and enterprise blockchains
- Learn about key elements of blockchain theory such as decentralization, cryptography, and consensus protocols
- Get to grips with Solidity, Web3, cryptocurrencies, smart contract development and solve scalability, security and privacy issues
- Discover the architecture of different distributed ledger platforms including Ethereum, Bitcoin, Hyperledger Fabric, Hyperledger Sawtooth, Corda and Quorum
Book Description
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.
What you will learn
- Grasp the mechanisms behind Bitcoin, Ethereum, and alternative cryptocurrencies
- Understand cryptography and its usage in blockchain
- Understand the theoretical foundations of smart contracts
- Develop decentralized applications using Solidity, Remix, Truffle, Ganache and Drizzle
- Identify and examine applications of blockchain beyond cryptocurrencies
- Understand the architecture and development of Ethereum 2.0
- Explore research topics and the future scope of blockchain
Who this book is for
If you are a technologist, business executive, a student or an enthusiast who wishes to explore the fascinating world of blockchain technology, smart contracts, decentralized applications and distributed systems then this book is for you. Basic familiarity with a beginner-level command of a programming language would be a plus.
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.
What you will learn
- Grasp the mechanisms behind Bitcoin, Ethereum, and alternative cryptocurrencies
- Understand cryptography and its usage in blockchain
- Understand the theoretical foundations of smart contracts
- Develop decentralized applications using Solidity, Remix, Truffle, Ganache and Drizzle
- Identify and examine applications of blockchain beyond cryptocurrencies
- Understand the architecture and development of Ethereum 2.0
- Explore research topics and the future scope of blockchain
Who this book is for
If you are a technologist, business executive, a student or an enthusiast who wishes to explore the fascinating world of blockchain technology, smart contracts, decentralized applications and distributed systems then this book is for you.
Basic familiarity with a beginner-level command of a programming language would be a plus.
A blockchain is a distributed ledger with growing lists of records (blocks) that are securely linked together via cryptographic hashes. Each block contains a cryptographic hash of the previous block, a timestamp, and transaction data (generally represented as a Merkle tree, where data nodes are represented by leaves). The timestamp proves that the transaction data existed when the block was created. Since each block contains information about the previous block, they effectively form a chain (compare linked list data structure), with each additional block linking to the ones before it. Consequently, blockchain transactions are irreversible in that, once they are recorded, the data in any given block cannot be altered retroactively without altering all subsequent blocks.
Blockchains are typically managed by a peer-to-peer (P2P) computer network for use as a public distributed ledger, where nodes collectively adhere to a consensus algorithm protocol to add and validate new transaction blocks. Although blockchain records are not unalterable, since blockchain forks are possible, blockchains may be considered secure by design and exemplify a distributed computing system with high Byzantine fault tolerance.
Table of Contents
- Blockchain 101
- Decentralization
- Symmetric Cryptography
- Public Key Cryptography
- Consensus Algorithms
- Introducing Bitcoin
- The Bitcoin Network and Payments
- Bitcoin Clients and APIs
- Alternative Coins
- Smart Contracts
- Ethereum 101
- Further Ethereum
- Ethereum Development Environment
- Development Tools and Frameworks
- Introducing Web3
- Serenity
- Hyperledger
- Tokenization
- Blockchain – Outside of Currencies
- Enterprise Blockchain
- Scalability and Other Challenges
- Current Landscape and What's Nex
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