Search icon CANCEL
Subscription
0
Cart icon
Cart
Close icon
You have no products in your basket yet
Save more on your purchases!
Savings automatically calculated. No voucher code required
Arrow left icon
All Products
Best Sellers
New Releases
Books
Videos
Audiobooks
Learning Hub
Newsletters
Free Learning
Arrow right icon
Arrow up icon
GO TO TOP
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
Toc

Table of Contents (14) Chapters close

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

A simple cryptocurrency application

Creating a cryptocurrency application will allow us to implement all the blockchain concepts we've looked at so far, along with the transaction structure used in Bitcoin, and we can then deploy it in a fully P2P network. We created a blockchain application in a decentralized P2P network in Chapter 4, Networking in Blockchain. We will be using the same application to create and propagate the blocks in the network, but also extend the application with the concepts of transactions and wallets to create a completely decentralized cryptocurrency:

Figure 5.5: A flow diagram connecting all the components of the application

Figure 5.5 shows how the cryptocurrency application can be extended by adding wallet and transaction functionality. We will walk through the implementation of each component in order to understand its functionality.

...
lock icon The rest of the chapter is locked
Register for a free Packt account to unlock a world of extra content!
A free Packt account unlocks extra newsletters, articles, discounted offers, and much more. Start advancing your knowledge today.
Unlock this book and the full library FREE for 7 days
Get unlimited access to 7000+ expert-authored eBooks and videos courses covering every tech area you can think of
Renews at €14.99/month. Cancel anytime