Blockchain Essentials You Always Wanted To Know

Book excerpt: i. Understand the history, foundation, and use cases of blockchain ii. Discover how the decentralized system of blockchain functions and creates a trust mechanism iii. Read about the components of blockchain and the different types of blockchains iv. Create a private blockchain and deploy a smart contract onto a blockchain v. Learn the differences between fiat currency and cryptocurrency vi. Incorporate blockchain technology into your projects vi Know the potential dangers surrounding the concepts of blockchain Blockchain Essentials You Always Wanted To Know brings a lucid approach to learning the fundamentals of blockchain technology. The book covers the fundamentals of blockchain from a technical standpoint in an easy-to-understand language that allows anyone to grasp its intricacies. Blockchain Essentials begins by explaining the central concept of blockchain technology–the decentralization system–and dives deeper into concepts like cryptography, Merkle trees, mining, cryptocurrency, and consensus algorithms which form the core of blockchain technology. The book contains a dedicated chapter on creating a smart contract using the Truffle and Ganache software. The necessary steps to be taken to adapt blockchain into a project are also discussed in detail in this book. Blockchain Essentials also includes quizzes, fun facts, and real-life case studies to make your self-learning process smoother! In addition, you can access pre-made smart contract programs from the online resources of this book. Please note: This book does not cover topics such as cryptocurrency investment strategies, timing the market, or how to profit from Bitcoin. Blockchain Essentials is part of Vibrant Publishers’ Self-Learning Management series.