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Mastering Blockchain

You're reading from Mastering Blockchain Distributed ledger technology, decentralization, and smart contracts explained

Product type Paperback

Published in Mar 2018

Publisher Packt

ISBN-13 9781788839044

Length 656 pages

Edition 2nd Edition

Languages

Solidity

Tools

Blockchain

Concepts

Blockchain

Author (1):

Imran Bashir

View More author details

Table of Contents (21) Chapters

Preface

1. Blockchain 101 FREE CHAPTER

2. Decentralization

3. Symmetric Cryptography

4. Public Key Cryptography

5. Introducing Bitcoin

6. Bitcoin Network and Payments

7. Bitcoin Clients and APIs

8. Alternative Coins

9. Smart Contracts

10. Ethereum 101

11. Further Ethereum

12. Ethereum Development Environment

13. Development Tools and Frameworks

14. Introducing Web3

Web3
Summary

15. Hyperledger

16. Alternative Blockchains

17. Blockchain – Outside of Currencies

18. Scalability and Other Challenges

19. Current Landscape and What's Next

20. Another Book You May Enjoy

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Bitcoin limitations

Various limitations in Bitcoin have also sparked some interest in altcoins, which were developed specifically to address limitations in Bitcoin. The most prominent and widely discussed limitation is the lack of anonymity in Bitcoin. We will now discuss some of the limitations of Bitcoin.

Privacy and anonymity

As the blockchain is a public ledger of all transactions and is openly available, it becomes trivial to analyze it. Combined with traffic analyses, transactions can be linked back to their source IP addresses, thus possibly revealing a transaction's originator. This is a big concern from a privacy point of view.

Even though in Bitcoin it is a recommended and common practice to generate a new address...

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Authors (1)

Imran Bashir

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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