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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

In this chapter, we've provided an introduction to the Hyperledger project. Firstly, the core ideas behind the Hyperledger project were discussed and a brief introduction to all projects under incubation in Hyperledger was provided. Three main Hyperledger projects were discussed in detail, namely Hyperledger fabric, Sawtooth lake and Corda. All these projects are currently under heavy development and changes are expected in the next releases. Because of this, no in-depth practical exercises were given. However, the core concepts of all the projects mentioned above are expected to remain unchanged or changed only very slightly. Readers are encouraged to visit the relevant links provided within the chapter in order see the latest updates. It is obvious that a lot is going on in this space and projects like Hyperledger from the Linux foundation are playing a key role in the advancement of blockchain technology. Each of the projects discussed in this chapter has novel approaches...

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