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Blockchain for Business 2019

You're reading from   Blockchain for Business 2019 A user-friendly introduction to blockchain technology and its business applications

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Product type Paperback
Published in Jan 2019
Publisher
ISBN-13 9781789956023
Length 258 pages
Edition 1st Edition
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Concepts
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Author (1):
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Peter Lipovyanov Peter Lipovyanov
Author Profile Icon Peter Lipovyanov
Peter Lipovyanov
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Table of Contents (17) Chapters Close

Preface 1. Bitcoin, Blockchain, and Cryptoassets FREE CHAPTER 2. A Brief History of Money 3. The Birth of Bitcoin and the Advantages of a Decentralized Payment System 4. Five Forces of Bitcoin - #1 Blockchain 5. Five Forces of Bitcoin - #2 Cryptography 6. Five Forces of Bitcoin - #3 Consensus Algorithm 7. Five Forces of Bitcoin - #4 P2P Network 8. Five Forces of Bitcoin - #5 Software Code Base 9. How Ethereum Took the Idea of Blockchain to the Next Level 10. Ethereum - A Global Platform for Decentralized Applications 11. Blockchains Focused on Specific Sectors and Use Cases 12. Corporate Blockchains 13. The Disruptive Potential of Blockchain Technology 14. Blockchain and AI 15. Current Issues and Potential Solutions to Take Blockchain to the Next Level 16. Other Books You may Enjoy

The Bitcoin P2P network

The Bitcoin P2P network contains a vast array of nodes spread all over the internet working in tandem. There are two main parts of the Bitcoin network:

  • The mainnet
  • The testnet

The mainnet

The mainnet is the core Bitcoin network hosted on the internet where all the real-life transactions take place. All the Bitcoin activity that we see on the internet occurs on the mainnet.

The mainnet contains all the vital information that's used in Bitcoin transactions around the world. So, a question you might be asking yourself is what if there is some new upgrade? How will it affect the Bitcoin network? The solution to this question is the testnet.

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