Introduction To Blockchain Technology
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Introduction to Blockchain Technology
Blockchain technology has come a long way since the initial vision published by Satoshi Nakamoto in 2008. Big buzz words like "bitcoin," "blockchain," and "cryptocurrency" are everywhere. Companies and governments have started to use blockchain technology in earnest and will increasingly do so for the foreseeable future. This book takes an in-depth look at blockchain technology and how users can take advantage of its potential. Since its initial conception, blockchain has encompassed both a social promise and new technology. Originally proposed as a solution for Bitcoin's cryptocurrency record-keeping system, blockchains are now used to store the records of all types of applications. Core services we all depend on like the transfer of money, voting, land records, IP rights, and identity all rely on intermediaries. Blockchain software has begun taking the place of these antiquated systems. The software becomes the trusted record-keeping system, and the rules programed into the software become the intermediaries. This book explains the fundamentals of blockchain technology and assumes that the reader has little to no knowledge of the subject. Topics are explained as simply as possible, while not obscuring details that may affect the reader. It also gives the reader insight into the critical differences in blockchain software and will provide them with a basic understanding of how and why these systems work. After reading this book, the reader will be able to speak with confidence on the topic, know key differences in technology. The reader will also have critical insight into blockchain software's inherent limitations and shortcomings. This book is also the definitive guide to the Blockchain Technology Foundation (BTF) exam from EXIN. It will prepare the reader for the test, and each chapter ends with review questions for extra guidance in preparing for the exam.
Introduction to Blockchain Technology
'Blockchain technology has come a long way since the initial vision published by Satoshi Nakamoto in 2008. Big buzz words like "bitcoin," "blockchain," and "cryptocurrency" are everywhere. Companies and governments have started to use blockchain technology in earnest and will increasingly do so for the foreseeable future. This book takes an in-depth look at blockchain technology and how users can take advantage of its potential. Since its initial conception, blockchain has encompassed both a social promise and new technology. Originally proposed as a solution for Bitcoin's cryptocurrency record-keeping system, blockchains are now used to store the records of all types of applications. Core services we all depend on like the transfer of money, voting, land records, IP rights, and identity all rely on intermediaries. Blockchain software has begun taking the place of these antiquated systems. The software becomes the trusted record-keeping system, and the rules programed into the software become the intermediaries. This book explains the fundamentals of blockchain technology and assumes that the reader has little to no knowledge of the subject. Topics are explained as simply as possible, while not obscuring details that may affect the reader. It also gives the reader insight into the critical differences in blockchain software and will provide them with a basic understanding of how and why these systems work. After reading this book, the reader will be able to speak with confidence on the topic, know key differences in technology. The reader will also have critical insight into blockchain software's inherent limitations and shortcomings. This book is also the definitive guide to the Blockchain Technology Foundation (BTF) exam from EXIN. It will prepare the reader for the test, and each chapter ends with review questions for extra guidance in preparing for the exam.
Introduction to Blockchain Technology
Blockchain technology is among the most exciting developments in the IT industry in many years. Often shrouded in mystery (including who the person is who developed it), today blockchain is most well known as the technology that underpins cryptocurrencies, the most famous of those being Bitcoin. But blockchain's distributed-ledger technology holds the promise to revolutionize the way businesses and governments create and maintain important records of transactions of all kinds, whether it's contracts, deeds, or any other types of activity for which an inviolable record must be maintained. In this video course, intended for developers and programmers who have a basic understanding of web-based applications, you learn the fundamentals of a blockchain and Decentralized Applications, or DApps, and how data that's stored there is considered immutable-all but impossible to tamper or change, and if an attempt were made, it would be detected immediately. You'll begin by learning blockchain's terminology and then explore how it's used in cryptocurrency. You'll also look at blockchain deployment models, Consensus Algorithms, blockchain supply chain models, DApp modeling and development, as well as development environment requirements for blockchain coding. You'll examine the theory and concepts such as how many distributed computer hosts, called nodes, add bits of information in "chains" of highly encrypted blocks. When you've completed this video course, you'll have a firm understanding of blockchain basics and a solid foundation from which to continue learning and dive deeper into this fascinating field. What you'll learn-and how you can apply it The history of Bitcoin and blockchain technology Technical structure of a Blockchain Basics of how a blockchain works and it architecture Basic understanding of blockchain use cases in business How hashing algorithms work Understand Decentralized Applications, or DApps, architecture and design Migrate centralized database systems into DApps Understand how blockchain manages assets such as cryptocurrencies, and other assets Build an end-to-end transaction flow for blockchain supply chains Basic understanding of cryptography via hands-on exercises The development environment and requirements for blockchain application development This video course is for you because... You want to understand the use cases for blockchain and resources to help get started in the blockchain space You want to "get ahead of the curve" ...