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Mastering Blockchain, Fourth Edition

You're reading from Mastering Blockchain, Fourth Edition Inner workings of blockchain, from cryptography and decentralized identities, to DeFi, NFTs and Web3

Product type Paperback

Published in Mar 2023

Publisher Packt

ISBN-13 9781803241067

Length 818 pages

Edition 4th Edition

Languages

Solidity

Tools

Blockchain

Concepts

Blockchain

Author (1):

Imran Bashir

View More author details

Table of Contents (24) Chapters

Preface

1. Blockchain 101 FREE CHAPTER

2. Decentralization

3. Symmetric Cryptography

4. Asymmetric Cryptography

5. Consensus Algorithms

6. Bitcoin Architecture

7. Bitcoin in Practice

8. Smart Contracts

9. Ethereum Architecture

10. Ethereum in Practice

11. Tools, Languages, and Frameworks for Ethereum Developers

12. Web3 Development Using Ethereum

13. The Merge and Beyond

14. Hyperledger

15. Tokenization

16. Enterprise Blockchain

17. Scalability

18. Blockchain Privacy

19. Blockchain Security

20. Decentralized Identity

21. Decentralized Finance

22. Blockchain Applications and What’s Next

23. Index

Bitcoin payments

Bitcoin can be accepted as payment 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 number of ways in which buyers can pay a business that accepts Bitcoin. For example, on an online shop, Bitcoin merchant solutions can be used, whereas in traditional, physical shops, Point of Sale (POS) 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. A Uniform Resource Identifier (URI) is 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 which can be decoded by wallets.

Various payment solutions, such as the 34 Bytes Bitcoin...

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Authors (1)

Imran Bashir

Imran Bashir

Imran Bashir has an M.Sc. in Information Security from Royal Holloway, University of London, and has a background in software development, solution architecture, infrastructure management, and IT service management. He is also a member of the Institute of Electrical and Electronics Engineers (IEEE) and the British Computer Society (BCS). Imran has extensive experience in both the public and financial sectors, having worked on large-scale IT projects in the public sector before moving to the financial services industry. Since then, he has worked in various technical roles for different financial companies in Europe's financial capital, London.

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