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Blockchain Developer's Guide

You're reading from   Blockchain Developer's Guide Develop smart applications with Blockchain technologies - Ethereum, JavaScript, Hyperledger Fabric, and Corda

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Product type Course
Published in Dec 2018
Publisher
ISBN-13 9781789954722
Length 564 pages
Edition 1st Edition
Languages
Concepts
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Authors (4):
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Paul Valencourt Paul Valencourt
Author Profile Icon Paul Valencourt
Paul Valencourt
Brenn Hill Brenn Hill
Author Profile Icon Brenn Hill
Brenn Hill
Narayan Prusty Narayan Prusty
Author Profile Icon Narayan Prusty
Narayan Prusty
Samanyu Chopra Samanyu Chopra
Author Profile Icon Samanyu Chopra
Samanyu Chopra
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Table of Contents (37) Chapters Close

Title Page
Copyright
About Packt
Contributors
Preface
1. Blockchain 101 FREE CHAPTER 2. Components and Structure of Blockchain 3. Decentralization Versus Distributed Systems 4. Cryptography and Mechanics Behind Blockchain 5. Bitcoin 6. Altcoins 7. Achieving Consensus 8. Advanced Blockchain Concepts 9. Cryptocurrency Wallets 10. Alternate Blockchains 11. Hyperledger and Enterprise Blockchains 12. Ethereum 101 13. Solidity 101 14. Smart Contracts 15. Ethereum Accounts and Ether Tokens 16. Decentralized Applications 17. Mining 18. ICO 101 19. Creating Your Own Currency 20. Scalability and Other Challenges 21. Future of Blockchain 22. Understanding Decentralized Applications 23. Understanding How Ethereum Works 24. Writing Smart Contracts 25. Getting Started with web3.js 26. Building a Wallet Service 27. Building a Smart Contract Deployment Platform 28. Building a Betting App 29. Building Enterprise Level Smart Contracts 30. Building a Consortium Blockchain 1. Other Books You May Enjoy Index

The history of Bitcoin


Bitcoin is the first and, to date, the most successful application of blockchain technology. Bitcoins were introduced in 2008, in a paper on Bitcoin called Bitcoin: A Peer-to-Peer Electronic Cash System (https://bitcoin.org/bitcoin.pdf), which was authored by Satoshi Nakamoto.

Bitcoin was the world's first decentralized cryptocurrency; its introduction heralded a revolution, and, in just about a decade, it has proved its strengths, with huge community backing and widespread adoption.

From 2010, certain global businesses have started to accept Bitcoins, with the exception of fiat currencies. A lot of currency exchanges were founded to let people exchange Bitcoin with fiat currency or with other cryptocurrencies. In September 2012, the Bitcoin Foundation was launched to accelerate the global growth of Bitcoin through standardization, protection, and promotion of the open source protocol.

A lot of payment gateways such as BitPay came up to facilitate merchants in accepting...

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