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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

Bitcoin payments

Bitcoins can be accepted as payments using various techniques. Bitcoin is not recognized as a legal currency in many jurisdictions, but it is increasingly being accepted as a payment method by many online merchants and e-commerce websites. There are a numbers of ways in which buyers can pay the business that accepts bitcoins. For example, in an online shop, bitcoin merchant solutions can be used, whereas in traditional physical shops, point of sale terminals and other specialized hardware can be used. Customers can simply scan the QR barcode with the seller's payment URI in it and pay using their mobile devices. Bitcoin URIs allow users to make payments by simply clicking on links or scanning QR codes. URI (Uniform Resource Idenfier) is basically a string that represents the transaction information. It is defined in BIP21. The QR code can be displayed near the point of the sale terminal. Nearly all bitcoin wallets support this feature.

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