Chapter 10. Alternate Blockchains

In the previous chapters, we learned about blockchain, its structure, components, mechanism and the biggest use case of blockchain, Bitcoins. In the last chapter, we discussed cryptocurrency wallets, and their role and usage with a blockchain. Most of our discussion surrounds Bitcoins and other cryptocurrency.

The success of Bitcoin brought a lot of attention to the technology and the underlying blockchain ledger system, and the community started creating alternate cryptocurrency based on blockchain, making slight modifications to the parameters of Bitcoin, each time trying to improve in one way or another. Subsequently, various organizations started creating alternatives to blockchain by making slight modifications or changes but keeping the core definition of blockchain, that being a public ledger, intact. Some of the projects trying to create alternative blockchain did not gain much attention, but others managed to get a lot of attention and community...