January 2019
Beginner to intermediate
372 pages
11h 17m
English
Content preview from Foundations of Blockchain
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What blockchain isn't
As we've just discussed, despite blockchain being fascinating due to its cryptography-based security, decentralized nature, and nearly immutable data storage mechanism, it's very important to understand its limitations.
Blockchain's ideal implementation is with atomic events or transactions, where minimal information about an event is stored as a transaction; these transactions can be clubbed together in a single block and added to a blockchain. Although a blockchain network is good at handling a global state, it would not add much value when it comes to storing data in bulk, as there would be scalability issues. It's very important to understand when best to apply blockchain technology to develop an application. We ...
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