January 2019
Beginner to intermediate
372 pages
11h 17m
English
Content preview from Foundations of Blockchain
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Blockchain 2.0
Bitcoin was what really gave birth to blockchain technology, and since then, several new applications of the distributed blockchain database have emerged, most notably during early 2014. This era is widely known as the era of blockchain 2.0. Namecoin was one of the first concepts to emerge. It expanded the scope of Bitcoin's blockchain and was introduced as a distributed naming system based on Bitcoin. However, unlike Bitcoin, it was able to store data as key-value pairs in the public blockchain. This concept influenced a number of blockchain 2.0 applications that would go on to gain popularity.
One of the most popular enhancements that came with blockchain 2.0 was the introduction of smart contracts. Several blockchain platforms ...