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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
12
12. Scalability and Other Challenges

Summary


Blockchains are going to change the world. The revolution has already started and it is only expected to grow at an exponential scale. This chapter has explored various projects and the current state of blockchain technology. First, a few trends were discussed that are expected to continue as the technology progresses further. There is deep research interest in blockchain technology by many researchers and organizations around the world and some research topics have also been introduced in this chapter. Furthermore, convergence with other fields such as the IoT and AI has also been discussed. Finally, some predictions regarding the growth of blockchain technology have been made. Most of these predictions are likely to come true within the next decade or so, while some may take a longer time. Blockchain technology has the potential to change the world and a few positive signs have already been seen in the form of successful Proof of concept implementations and a growing number of...

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