January 2019
Beginner to intermediate
372 pages
11h 17m
English
Content preview from Foundations of Blockchain
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Building blocks of a NEO blockchain
A NEO blockchain uses two important elements of a decentralized network to create a decentralized application and therefore construct a smart economy. These are digital assets and digital identity, which are the building blocks of any blockchain application. These concepts, along with smart contracts, are essential to the creation of any proof of ownership application, as mentioned earlier in the chapter.
NEO provides a convenient way of creating and managing the digital assets in a decentralized NEO blockchain network. NEO provides two different types of asset:
- Global assets
- Contract assets
Global assets are recorded in the system and can be identified by all the clients and smart contracts. NEO and ...
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