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Mastering Blockchain.. - Third Edition

You're reading from  Mastering Blockchain.. - Third Edition

Product type Book
Published in Aug 2020
Publisher Packt
ISBN-13 9781839213199
Pages 816 pages
Edition 3rd Edition
Languages
Author (1):
Imran Bashir Imran Bashir
Profile icon Imran Bashir

Table of Contents (24) Chapters

Preface 1. Blockchain 101 2. Decentralization 3. Symmetric Cryptography 4. Public Key Cryptography 5. Consensus Algorithms 6. Introducing Bitcoin 7. The Bitcoin Network and Payments 8. Bitcoin Clients and APIs 9. Alternative Coins 10. Smart Contracts 11. Ethereum 101 12. Further Ethereum 13. Ethereum Development Environment 14. Development Tools and Frameworks 15. Introducing Web3 16. Serenity 17. Hyperledger 18. Tokenization 19. Blockchain – Outside of Currencies 20. Enterprise Blockchain 21. Scalability and Other Challenges 22. Current Landscape and What's Next 23. Index

Alternative Coins

Since the initial success of Bitcoin, many alternative currency projects have been launched. Bitcoin was released in 2009, and the first alternative coin project (named Namecoin) was introduced in 2011. In 2013 and 2014, the alternative coins (altcoin) market grew exponentially, and many different types of alternative coin project were started.

A few of those became a success, whereas many were unpopular due to less interest and as a result, they did not succeed. A few were pump and dump scams that surfaced for some time but soon disappeared. Alternative approaches to Bitcoin can be divided broadly into two categories, based on the primary purpose of their development. If the primary goal is to build a decentralized blockchain platform, they are called alternative chains; if the sole purpose of the alternative project is to introduce a new virtual currency, it is called an altcoin.

Alternative blockchains are discussed in detail in this book's bonus...

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