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Ethereum Smart Contract Development

You're reading from   Ethereum Smart Contract Development Build blockchain-based decentralized applications using solidity

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Product type Paperback
Published in Feb 2018
Publisher Packt
ISBN-13 9781788473040
Length 288 pages
Edition 1st Edition
Languages
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Author (1):
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Mayukh Mukhopadhyay Mayukh Mukhopadhyay
Author Profile Icon Mayukh Mukhopadhyay
Mayukh Mukhopadhyay
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Table of Contents (13) Chapters Close

Preface 1. Blockchain Basics FREE CHAPTER 2. Grokking Ethereum 3. Hello World of Smart Contracts 4. A Noob's Guide to DApps and DAO 5. Deep-Diving into Smart Contracts 6. Solidity in Depth 7. Primer on Web3.js 8. Developing a Cryptocurrency from Scratch 9. Enterprise Use Cases 10. BaaS and the Dark Web Market 11. Advanced Topics and the Road Ahead 12. Other Books You May Enjoy

Tangle beyond blockchain


We have devoted the entire book to blockchain-based smart contract development. But there is another ecosystem of cryptocurrencies that are not based on blockchains. These are based on direct acyclic graphs or DAGs. Such systems are called graph-based, distributed ledger technology. Some noteworthy DAG-based DLTs are DagCoin, Byteball, Hashgraph, and Tangle.

DagCoin was the first DAG-based DLT launched in 2012 by Sergio Demian Lerner, pioneer of blockchain-free cryptocurrencies. That was closely followed by Byteball by Anton Churyumov. Hashgraph is currently a private DLT based on DAG, invented by Leemon Baird. Tangle technology was introduced as a whitepaper by Sergey Popov on April 3, 2016. The cryptocurrency on Tangle aims at supporting transactions between Internet-of-Things (IoT) appliances, hence aptly named Iota.

In the following sections, we will explore the shortcoming of a traditional blockchain, the technology behind Tangle, a GitHub analysis of Iota, and...

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