Blockchain is not just an ingeniously simple technology that powers Bitcoin. But it is much more than that. It’s a public ledger to which everyone has access, but with no centralized controls. It allows businesses and entities to collaborate with ...
Blockchain is not just an ingeniously simple technology that powers Bitcoin. But it is much more than that. It’s a public ledger to which everyone has access, but with no centralized controls. It allows businesses and entities to collaborate with an unparalleled degree of trust and transparency. Blockchain is cryptographically secure but fundamentally open, and soon it will be everywhere. The purpose of this book is to teach students, engineers, and techno enthusiasts about the theoretical aspects of blockchain technology. Brilliantly researched and highly accessible, this handbook covers some of the most important aspects of this revolutionary technology for the next major paradigm shift. This book explains, how this game-changing technology will shape the future of the world economy; how notable blockchain platforms and smart contracts will improve everything from healthcare records to online voting, and from insurance claims to artist royalty payments, in our changing cyber-economy. Topics, concepts, and assertions covered in the book are as follows: • What makes a Blockchain Network Secure? • Game Theory & Cryptocurrencies • Byzantine Fault Tolerance explained • Private, Public, and Consortium Blockchains • Blockchain use cases • What is Hashing? • What are Stable coins? • Hard Forks & Soft Forks explained • Guide to Decentralized Finance (Defi) • Guide to Decentralized Autonomous Organization • What are Smart Contracts?