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Mastering Blockchain

You're reading from Mastering Blockchain Deeper insights into decentralization, cryptography, Bitcoin, and popular Blockchain frameworks

Product type Paperback

Published in Mar 2017

Publisher Packt

ISBN-13 9781787125445

Length 540 pages

Edition 1st Edition

Languages

Solidity

Tools

Bitcoin

Concepts

Blockchain

Author (1):

Imran Bashir

View More author details

Table of Contents (14) Chapters

Preface

1. Blockchain 101 FREE CHAPTER

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

Smart contract

A smart contract can be thought of as a small decentralized program. Smart contracts do not necessarily need a blockchain to run; however, due to the security benefits that the blockchain technology provides, it is now becoming almost a standard to use blockchain as a decentralized execution platform for smart contracts. A smart contract usually contains some business logic and a limited amount of data. Actors or participants in the blockchain use these smart contracts or they run autonomously on behalf of the network participants.

These small programs reside on the blockchain and execute business logic if some specific criteria are met. More information on smart contracts will be provided in Chapter 6, Smart Contracts, which is dedicated to a detailed discussion of smart contracts.

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