The idea of Ethereum was conceived in 2013 by Vitalik Buterin who was 19 years old at the time. Vitalik was drawn into computer games initially, similar to many of his peers. His father, also a computer scientist, introduced him to Bitcoin, which Vitalik embraced and started exploring with enthusiasm. He co-founded Bitcoin Magazine in 2011 and worked as a journalist there. He also collaborated on colored coin projects. You probably remember colored coins, which we covered in detail in the previous chapter about Bitcoin. They enable basic implementations of smart contracts and digital assets on the Bitcoin blockchain. Vitalik wanted to expand the concept of colored coins to enable larger, more flexible and powerful applications to run on the blockchain. When he faced resistance to his idea from Bitcoin core developers, he decided to launch his own...
Blockchain for Business 2019
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Blockchain for Business 2019
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Overview of this book
Blockchain for Business 2019 is a comprehensive guide that enables you to bring in various blockchain functionalities to extend your existing business models and make correct fully-informed decisions. You will learn how decentralized applications are transforming numerous business sectors that are expected to play a huge role in the future. You will see how large corporations are already implementing blockchain technology now. You will then learn about the various blockchain services, such as Bitcoin, Ethereum, Hyperledger, and others to understand their use cases in a variety of business domains. You will develop a solid fundamental understanding of blockchain architecture.
Moving ahead, you will get to grips with the inner workings of blockchain, with detailed explanations of mining, decentralized consensus, cryptography, smart contracts, and many other important concepts. You will delve into a realistic view of the current state of blockchain technology, along with its issues, limitations, and potential solutions that can take it to the next level.
By the end of this book, you will all be well versed in the latest innovations and developments in the emerging blockchain space.
Table of Contents (17 chapters)
Preface
Free Chapter
Bitcoin, Blockchain, and Cryptoassets
A Brief History of Money
The Birth of Bitcoin and the Advantages of a Decentralized Payment System
Five Forces of Bitcoin - #1 Blockchain
Five Forces of Bitcoin - #2 Cryptography
Five Forces of Bitcoin - #3 Consensus Algorithm
Five Forces of Bitcoin - #4 P2P Network
Five Forces of Bitcoin - #5 Software Code Base
How Ethereum Took the Idea of Blockchain to the Next Level
Ethereum - A Global Platform for Decentralized Applications
Blockchains Focused on Specific Sectors and Use Cases
Corporate Blockchains
The Disruptive Potential of Blockchain Technology
Blockchain and AI
Current Issues and Potential Solutions to Take Blockchain to the Next Level
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