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Foundations of Blockchain

You're reading from  Foundations of Blockchain

Product type Book
Published in Jan 2019
Publisher Packt
ISBN-13 9781789139396
Pages 372 pages
Edition 1st Edition
Languages
Concepts
Author (1):
Koshik Raj Koshik Raj
Profile icon Koshik Raj

Table of Contents (14) Chapters

Preface 1. Introduction 2. A Bit of Cryptography 3. Cryptography in Blockchain 4. Networking in Blockchain 5. Cryptocurrency 6. Diving into Blockchain - Proof of Existence 7. Diving into Blockchain - Proof of Ownership 8. Blockchain Projects 9. Blockchain Optimizations and Enhancements 10. Blockchain Security 11. When Shouldn't We Use Blockchain? 12. Blockchain Use Cases 13. Other Books You May Enjoy

What blockchain isn't

As we've just discussed, despite blockchain being fascinating due to its cryptography-based security, decentralized nature, and nearly immutable data storage mechanism, it's very important to understand its limitations.

Blockchain's ideal implementation is with atomic events or transactions, where minimal information about an event is stored as a transaction; these transactions can be clubbed together in a single block and added to a blockchain. Although a blockchain network is good at handling a global state, it would not add much value when it comes to storing data in bulk, as there would be scalability issues. It's very important to understand when best to apply blockchain technology to develop an application. We will explore when not to use blockchain in Chapter 11, When Shouldn't We Use Blockchain?.

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Foundations of Blockchain
Published in: Jan 2019 Publisher: Packt ISBN-13: 9781789139396
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