Introduction to Blockchain Technology. Tiana Laurence

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technology but are not a programmer. It is about software but not written for technical experts. It assumes that you have little to no knowledge of the subject and will explain topics as simply as possible, while not obscuring details that may affect you. The book will give you insight into the critical differences in blockchain software and will provide you with a basic understanding of how and why they work.

      After reading this volume, you will be able to speak with confidence on the topic, know key differences in technology, and why they are relevant to you, your company, and your industry. You will also have critical insight into blockchain software’s inherent limitations and shortcomings.

      The popularization of blockchain has shrouded the sector into the realm of alchemy. Attaching the words “tokenization” and “blockchain” have spontaneously transformed the mundane into the magical. This book will demystify the topic and cut through the hype. You will understand the changes that are happening and uncover any pretense.

      In this book, each chapter ends with review questions to help you better understand the core of the chapter.

      I hope you will enjoy this book.

      Kind regards,

      Tiana Laurence

      Contents

       1 Introduction to Blockchain Technology

       1.1 Key blockchain concepts

       What is a blockchain?

       What are nodes?

       What is cryptocurrency?

       What are tokens?

       What does distributed mean?

       1.2 Summary

       1.3 Test your knowledge

       2 Key parts of blockchain technology

       2.1 Cryptography

       Machines that encrypted data in the past

       Modern encryption

       Private and public keys

       2.2 What is a hash?

       From blocks to hashes

       2.3 Ledgers

       Transactions and trade

       2.4 The public witness

       Computers that witness

       2.5 Summary

       2.6 Test your knowledge

       3 The structure of the network: consensus algorithm

       3.1 Proof of Work

       3.2 Proof of Stake (PoS)

       3.3 Delegated Proof of Stake

       3.4 Proof of Authority

       3.5 Proof of Elapsed Time

       3.6 Proof of Capacity and Proof of Space

       3.7 Proof of Burn

       3.8 Hyperledger Fabric

       3.9 Summary

       3.10 Test your knowledge

       4 Key blockchain networks and technologies

       4.1 The history of blockchain networks

       4.2 Top challenges for blockchain networks

       4.3 A deeper dive into Bitcoin

       The top challenges that face Bitcoin’s global adoption

       Major Bitcoin contributors

       4.4 Hyperledger

       4.5 EOS’s delegated Proof of Stake

       4.6 Ripple

       4.7 Unearthing Ethereum

       4.8

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