Skip to Content
Building Blockchain Projects
book

Building Blockchain Projects

by Narayan Prusty
April 2017
Intermediate to advanced
266 pages
7h 4m
English
Packt Publishing
Content preview from Building Blockchain Projects

Internal currency in DApps

For a centralized application to sustain for a long time, the owner of the app needs to make a profit in order to keep it running. DApps don't have an owner, but still, like any other centralized app, the nodes of a DApp need hardware and network resources to keep it running. So the nodes of a DApp need something useful in return to keep the DApp running. That's where internal currency comes into play. Most DApps have a built-in internal currency, or we can say that most successful DApps have a built-in internal currency.

The consensus protocol is what decides how much currency a node receives. Depending on the consensus protocol, only certain kinds of nodes earn currency. We can also say that the nodes that contribute ...

Become an O’Reilly member and get unlimited access to this title plus top books and audiobooks from O’Reilly and nearly 200 top publishers, thousands of courses curated by job role, 150+ live events each month,
and much more.

Read now

Unlock full access

More than 5,000 organizations count on O’Reilly

AirBnbBlueOriginElectronic ArtsHomeDepotNasdaqRakutenTata Consultancy Services

QuotationMarkO’Reilly covers everything we've got, with content to help us build a world-class technology community, upgrade the capabilities and competencies of our teams, and improve overall team performance as well as their engagement.
Julian F.
Head of Cybersecurity
QuotationMarkI wanted to learn C and C++, but it didn't click for me until I picked up an O'Reilly book. When I went on the O’Reilly platform, I was astonished to find all the books there, plus live events and sandboxes so you could play around with the technology.
Addison B.
Field Engineer
QuotationMarkI’ve been on the O’Reilly platform for more than eight years. I use a couple of learning platforms, but I'm on O'Reilly more than anybody else. When you're there, you start learning. I'm never disappointed.
Amir M.
Data Platform Tech Lead
QuotationMarkI'm always learning. So when I got on to O'Reilly, I was like a kid in a candy store. There are playlists. There are answers. There's on-demand training. It's worth its weight in gold, in terms of what it allows me to do.
Mark W.
Embedded Software Engineer

You might also like

Building Blockchain Apps

Building Blockchain Apps

Michael Juntao Yuan
Blockchain By Example

Blockchain By Example

Bellaj Badr, Richard Horrocks, Xun (Brian) Wu, Karthikeyan Sukumaran

Publisher Resources

ISBN: 9781787122147