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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

Concepts

Author (1):

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

Components of the Ethereum ecosystem

The Ethereum blockchain stack consists of various components. At the core, there is the Ethereum blockchain running on the peer-to-peer Ethereum network. Secondly, there's an Ethereum client (usually Geth) that runs on the nodes and connects to the peer-to-peer Ethereum network from where blockchain is downloaded and stored locally. It provides various functions, such as mining and account management. The local copy of the blockchain is synchronized regularly with the network. Another component is the web3.js library that allows interaction with the geth client via the Remote Procedure Call (RPC) interface.

The overall Ethereum ecosystem architecture is visualized in the following diagram:

Figure 11.6: Ethereum high-level ecosystem

A list of elements present in the Ethereum blockchain is presented here:

Keys and addresses
Accounts
Transactions and messages
Ether cryptocurrency/tokens
The...

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Authors (1)

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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