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Blockchain across Oracle

You're reading from  Blockchain across Oracle

Product type Book
Published in Oct 2018
Publisher Packt
ISBN-13 9781788474290
Pages 530 pages
Edition 1st Edition
Languages
Author (1):
Robert van Molken Robert van Molken
Profile icon Robert van Molken
Toc

Table of Contents (24) Chapters close

Title Page
Packt Upsell
Contributors
Preface
1. An Introduction to the Blockchain 2. How Blockchain Will Disrupt Your Organization 3. Blockchain 101 - Assets, Transactions, and Hashes 4. Blockchain 101 - Blocks, Chains, and Consensus 5. Blockchain 101 - Security, Privacy, and Smart Contracts 6. Understanding the Blockchain Data Flow 7. Public Versus Permissioned Blockchains and their Providers 8. Ethereum Versus Hyperledger 9. Building a Next-Generation Oracle B2B Platform 10. Introducing the Oracle Blockchain Cloud Service 11. Setting Up Your Permissioned Blockchain 12. Designing and Developing Your First Smart Contract 13. Deploying and Testing Your First Smart Contract 14. Configuring, Extending, and Monitoring Your Network 15. Blockchain Across the Financial Services Industry 16. Blockchain Across the Transportation Industry 17. Blockchain Across the Healthcare Industry 18. Future Industry and Technology Directions 1. Other Books You May Enjoy Index

Chains


Up to this point, you learned that the assets that are transferred between entities are recorded in transactions and that transactions persist in append-only blocks. When a block is finalized, the block header that was created is added to the block that includes the nonce and the hash of the previous block, linking the two. The new block is identified with its own hash or blockId, and is used by the subsequent block, again linking the two.

 

Blockchain

The word blockchain, originally called block chain, is derived from the link between blocks. Because the hash of one block is based on the hash of the previous block, it is like a chain linking all the way back to the first, or genesis, block. This process confirms the integrity of the previous blocks in the chain. The following diagram shows how blocks are linked together using the previous block hash:

Every block is linked to its previous block through the block hash. The generated hash of a new block uses the hash of the previous block...

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