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Mastering Blockchain

Mastering Blockchain

3.3 (10)
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Mastering Blockchain

Mastering Blockchain

3.3 (10)

Overview of this book

Blockchain is a distributed database that enables permanent, transparent, and secure storage of data. The blockchain technology is the backbone of cryptocurrency – in fact, it’s the shared public ledger upon which the entire Bitcoin network relies – and it’s gaining popularity with people who work in finance, government, and the arts. Blockhchain technology uses cryptography to keep data secure. This book gives a detailed description of this leading technology and its implementation in the real world. This book begins with the technical foundations of blockchain, teaching you the fundamentals of cryptography and how it keeps data secure. You will learn about the mechanisms behind cryptocurrencies and how to develop applications using Ethereum, a decentralized virtual machine. You will explore different blockchain solutions and get an exclusive preview into Hyperledger, an upcoming blockchain solution from IBM and the Linux Foundation. You will also be shown how to implement blockchain beyond currencies, scability with blockchain, and the future scope of this fascinating and powerful technology.
Table of Contents (14 chapters)
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10
10. Alternative Blockchains
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12
12. Scalability and Other Challenges

Chapter 10. Alternative Blockchains

This chapter is intended to provide an introduction to alternative blockchain solutions. With the success of bitcoin and subsequent realization of the potential of blockchain technology, a Cambrian explosion started that resulted in the development of various blockchain protocols, applications, and platforms. Some projects did not gain much traction, but many have succeeded in creating a solid place in this space.

In this chapter, readers will be introduced to alternative blockchains and platforms that either are new blockchains on their own or complement other existing blockchains. These new platforms are based on the idea of providing SDKs and tools to make development and deployment of blockchain solutions easier. The success of Ethereum and bitcoin has resulted in various projects that spawned into existence by leveraging the underlying technologies and concepts introduced by them. These new projects add value by addressing the limitations...

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