April 2020
Intermediate to advanced
244 pages
7h 20m
English
Content preview from Securing Blockchain Networks like Ethereum and Hyperledger Fabric
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The role played by the distributed ledger
One of the revolutionary ideas of the Bitcoin blockchain was to introduce the distributed ledger mechanism. Satoshi (the pseudonym that the creator of Bitcoin is hidden behind) had, in fact, realized that the main reason for the intervention of intermediaries (in particular, banks) in transactions between private individuals was linked to the management of such transactions. These were recorded in a centralized ledger book. Satoshi's intuition was to replace the centralized ledger, which was managed by the corresponding central authorities, with a shared public ledger that's updated by the same subjects participating in value transactions.
However, with this, a series of problems remained to be solved: ...
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