February 2018
Intermediate to advanced
288 pages
6h 58m
English
Content preview from Ethereum Smart Contract Development
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Blockchains – evolution, generations, and hype
We live in exponential times. As mere mortals, we normally perceive time in a linear way.
For example, one of the greatest inventions of mankind, the landline telephone, took about half a century to establish itself as a mainstream consumer appliance from a symbol of luxury, whereas smart phones crossed that barrier within a decade.
Blockchain is a disruptive computing paradigm. It has been positioned as fifth after mainframes, personal computers, the World Wide Web, and social networking. Melanie Swan, a blockchain educator and visionary, has segregated the existing and potential activities in blockchain evolution into three phases: blockchain 1.0, 2.0, and 3.0:
- Blockchain 1.0: It includes ...