Chapter 1, Blockchain Basics, will serve as a warm-up session about blockchain before we deep dive into Ethereum and smart contract development. To really appreciate blockchain, we must understand the two founding pillars on which blockchain as a technology is firmly grounded: distributed systems and cryptography. Once we have covered these two core concepts, we try to understand a blockchain from two different perspectives: as a software developer and as a trader of financial instruments. Then we probe into the internal logical architecture of a block in the blockchain, focusing the bitcoin block structure, and get a gentle introduction to the mining and forking process. We conclude the chapter by discussing how blockchain ...
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