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Inside blockchain, Bitcoin, and cryptocurrencies

Author: Niaz Chowdhury
Publisher: Boca Raton : CRC Press, Taylor & Francis Group, [2020]
Edition/Format:   eBook : Document : EnglishView all editions and formats
Summary:
This book covers blockchain from the underlying principles to how it enables applications to survive and surf on its shoulder. Having covered the fundamentals of blockchain, the book turns to cryptocurrency. It thoroughly examines Bitcoin before presenting six other major currencies in a rounded discussion. The book then bridges between technology and finance, concentrating on how blockchain-based applications,  Read more...
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Genre/Form: Electronic books
Additional Physical Format: Print version:
Chowdhury, Niaz.
Inside blockchain, Bitcoin, and cryptocurrencies.
Boca Raton : Auerbach, 2019
(OCoLC)1112374611
Material Type: Document, Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: Niaz Chowdhury
ISBN: 9780429325533 0429325533 9781000517620 1000517624 9781000507706 100050770X 9781000512663 1000512665
OCLC Number: 1112672060
Description: 1 online resource (xxvii, 361 pages)
Contents: Cover; Half Title; Title Page; Copyright Page; Dedication; Table of Contents; List of Figures; List of Tables; About the Author; Part I: Blockchain and Bitcoin; Chapter 1: Introduction to Blockchain; 1.1 The Birth of Bitcoin; 1.1.1 A Mysterious Scientist; 1.1.2 What is Bitcoin?; 1.1.3 Double-Spending Problem; 1.1.4 Nakamoto's Solution; 1.2 Blockchain; 1.2.1 Motivation; 1.2.2 Definition of Blockchain; 1.2.3 Distributed Ledger; 1.2.4 Key Properties; 1.3 Architectural Overview; 1.3.1 Centralised vs Decentralised Architecture; 1.3.2 Peer-to-Peer Network; 1.3.3 Characteristics; 1.4 Block 1.4.1 Structure1.4.2 Block Identifier and Height; 1.4.3 Genesis Block; 1.5 Mining; 1.5.1 What is Mining?; 1.5.2 Consensus; 1.5.3 Incentivisation; 1.6 Forks; 1.6.1 When Does a Fork Occur?; 1.6.2 Types of Forks; 1.7 Consensus Mechanisms; 1.7.1 Proof of Work (PoW); 1.7.2 Alternative Consensus Algorithms; 1.7.3 Comparison; 1.8 Types of Blockchains; 1.8.1 Public and Private Blockchains; 1.8.2 Consortium, Shared Ledger, Sidechain; 1.8.3 Hybrid Blockchains; 1.8.4 Comparison; 1.9 Applications; 1.10 Revisiting the Double-Spending Problem; 1.11 Summary; Chapter 2: Immutability of Blockchain 2.1 Cryptography2.1.1 What Are Cryptography and Cryptanalysis?; 2.1.2 Background; 2.1.3 Basic Concepts; 2.2 Modern Cryptography; 2.2.1 Symmetric-Key Cryptography; 2.2.2 Public-Key Cryptography; 2.3 Cryptographic Applications; 2.3.1 TLS and SSL; 2.3.2 Cryptographic Hash Function; 2.3.3 Digital Signature; 2.4 Elliptic Curve Cryptography (ECC); 2.4.1 Basic Concept; 2.4.2 Public and Private Keys; 2.4.3 How Does ECC Compare to RSA?; 2.5 Making Blockchain Immutable; 2.5.1 Block and Block Header; 2.5.2 Timestamp; 2.5.3 Merkle Tree; 2.5.4 Building the Chain; 2.6 Summary Chapter 3: Consensus Mechanisms of Blockchain3.1 Distributed Systems and Consensus; 3.1.1 Distributed Systems; 3.1.2 Coordination and Agreement; 3.1.3 Consensus; 3.2 Byzantine Generals Problem; 3.2.1 Two Generals Paradox; 3.2.2 Byzantine Generals Problem; 3.2.3 Byzantine Fault Tolerance; 3.3 Blockchain's Consensus Mechanism; 3.3.1 Hashcash Proof of Work; 3.3.2 Proof of Work in Blockchain; 3.3.3 BFT in Blockchain; 3.4 Solving the Double-Spending Problem; 3.5 Summary; Chapter 4: Bitcoin: World's First Cryptocurrency; 4.1 What is Bitcoin?; 4.2 Brief History of Bitcoin; 4.2.1 Before Bitcoin 4.2.2 Bitcoin Era4.3 Token: BTC; 4.3.1 Bitcoin Mining and Supply; 4.3.2 Units of Bitcoin; 4.4 Bitcoin's Blockchain; 4.4.1 Block Header; 4.4.2 Timestamp; 4.4.3 Merkle Tree; 4.4.4 Hash Generation; 4.4.5 Genesis Block; 4.5 Bitcoin Address; 4.5.1 Formats; 4.5.2 Hash Generation; 4.5.3 Address Structure; 4.6 Transactions; 4.6.1 Input and Output; 4.6.2 Redeeming Tokens; 4.6.3 Multi-Signature; 4.6.3.1 Escrow; 4.6.3.2 Cold Storage; 4.6.4 Generation Transaction; 4.6.5 Storing Data; 4.6.6 Contracts; 4.7 Mining; 4.7.1 Method; 4.7.2 Proof of Work; 4.7.3 Target and Difficulty; 4.7.4 Mining Process
Responsibility: Niaz Chowdhury.

Abstract:

This book covers blockchain from the underlying principles to how it enables applications to survive and surf on its shoulder. Having covered the fundamentals of blockchain, the book turns to cryptocurrency. It thoroughly examines Bitcoin before presenting six other major currencies in a rounded discussion. The book then bridges between technology and finance, concentrating on how blockchain-based applications, including cryptocurrencies, have pushed hard against mainstream industries in a bid to cement their positions permanent. It discusses blockchain as underlying banking technology, crypto mining and offering, cryptocurrency as investment instruments, crypto regulations, and markets.

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