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Ethereum Smart Contract Development
book

Ethereum Smart Contract Development

by Mayukh Mukhopadhyay
February 2018
Intermediate to advanced
288 pages
6h 58m
English
Packt Publishing
Content preview from Ethereum Smart Contract Development

Understanding a blockchain–a developer and trader's perspective

From a software developer's perspective, a blockchain is just a giant Merkle tree. Take a moment now, pause your reading. Let this information sink in. I repeat with another layer of clarity.

A blockchain is a giant Merkle tree, where each new block embeds the hash of the previous block as well as the root hash of the present block-action, eventually forming a chain of hash-blocks. It might be not very obvious, but such a Merkle tree structure does not require a central server; each block can come from physically separate clients. Hence, a blockchain is also a distributed system. I can feel you are starting to feel confused right now. Just look at Figure 1.5 to mitigate some ...

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Publisher Resources

ISBN: 9781788473040