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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

Product type Paperback

Published in Jan 2019

Publisher

ISBN-13 9781789956023

Length 258 pages

Edition 1st Edition

Languages

Solidity

Tools

Blockchain

Concepts

Blockchain

Author (1):

Peter Lipovyanov

View More author details

Table of Contents (17) Chapters

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

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Five Forces of Bitcoin - #3 Consensus Algorithm

In this chapter, we will find out what makes the Bitcoin blockchain machine tick in a decentralized way. We are going to take a deep dive into the consensus mechanism of Bitcoin called Proof-of-Work and see what it has to do with complex math problems and mining. We will cover the following topics in this chapter:

The Byzantine Generals' Problem
The Proof-of-Work consensus algorithm
Decentralized consensus and game theory

The rest of the chapter is locked

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Authors (1)

Peter Lipovyanov

Peter Lipovyanov

Peter Lipovyanov is an experienced investment banker and venture investor currently focusing on blockchain projects and crypto-assets. A firm believer in the potential of blockchain technology to change the world for the better by facilitating financial inclusion across the globe and improving the efficiency of financial markets and other sectors of the economy, he has been involved in several promising blockchain projects building decentralized applications. His passion for education also led him to create a bestseller online course about the fundamental principles of blockchain technology and its business applications, which is the basis for this book.

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