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Mastering Blockchain

Mastering Blockchain

By : Imran Bashir
4.6 (10)
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Mastering Blockchain

Mastering Blockchain

4.6 (10)
By: Imran Bashir

Overview of this book

Publisher's Note: This edition from 2018 is outdated and does not cover the latest insights on consensus algorithms, Ethereum 2.0, tokenization, and enterprise blockchains. A new and updated edition of this book that includes all the newest developments and improvements in Blockchain including the above topics is now available. A blockchain is a distributed ledger that is replicated across multiple nodes and enables immutable, transparent and cryptographically secure record-keeping of transactions. The blockchain technology is the backbone of cryptocurrencies, and it has applications in finance, government, media and almost all other industries. Mastering Blockchain, Second Edition has been thoroughly updated and revised to provide a detailed description of this leading technology and its implementation in the real world. This book begins with the technical foundations of blockchain technology, teaching you the fundamentals of distributed systems, 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 also explore different other blockchain solutions and get an introduction to business blockchain frameworks under Hyperledger, a collaborative effort for the advancement of blockchain technologies hosted by the Linux Foundation. You will also be shown how to implement blockchain solutions beyond currencies, Internet of Things with blockchain, blockchain scalability, and the future scope of this fascinating and powerful technology.
Table of Contents (21 chapters)
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14
Introducing Web3
17
Blockchain – Outside of Currencies
18
Scalability and Other Challenges

The reference architecture

Hyperledger has published a white paper which is available at https://docs.google.com/document/d/1Z4M_qwILLRehPbVRUsJ3OF8Iir-gqS-ZYe7W-LE9gnE/edit#heading=h.m6iml6hqrnm2.

This document presents a reference architecture that can serve as a guideline to build permissioned distributed ledgers. The reference architecture consists of various components that form a business blockchain. These high-level components are shown in the reference architecture diagram shown here:

Reference architecture - source: Hyperledger whitepaper

Starting from the left we see that we have five top-level components which provide various services. We will explore all these components in detail.

First is identity, that provides authorization, identification, and authentication services under membership services.

Then is the policy component, which provides policy services.

After...

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