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Mastering Blockchain

You're reading from Mastering Blockchain

Product type Book

Published in Mar 2017

Publisher Packt

ISBN-13 9781787125445

Pages 540 pages

Edition 1st Edition

Languages

Concepts

Table of Contents (20) Chapters

Mastering Blockchain

Credits

About the Author

About the Reviewer

www.PacktPub.com

Customer Feedback

Preface

1. Blockchain 101

2. Decentralization

3. Cryptography and Technical Foundations

4. Bitcoin

5. Alternative Coins

6. Smart Contracts

7. Ethereum 101

8. Ethereum Development

9. Hyperledger

10. Alternative Blockchains

11. Blockchain-Outside of Currencies

12. Scalability and Other Challenges

13. Current Landscape and Whats Next

Improvement proposals

Two major blockchain technologies, namely bitcoin and Ethereum, have a formal mechanism of proposing improvements in the existing protocols. These are called improvement proposals, BIPs and EIPs. Both of these mechanisms have allowed participation from developers and technology enthusiasts around the world and have helped bitcoin and Ethereum evolve into a more mature and secure technology over time. In the sections below, notable improvement proposals for both blockchains are discussed.

BIPs

In this section, some of the latest BIPs will be discussed.

BIP 152

This proposal is an improvement suggestion to introduce compact blocks in the bitcoin network in order to save bandwidth. In its current state, bitcoin protocol is not bandwidth-efficient and this proposal is aiming to address that issue by allowing relaying of compact blocks between nodes. Several changes, such as new data structures and messages, are required in order to implement this proposal. Currently, this...

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