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Blockchain with Hyperledger Fabric

You're reading from   Blockchain with Hyperledger Fabric Build decentralized applications using Hyperledger Fabric 2

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Product type Paperback
Published in Nov 2020
Publisher Packt
ISBN-13 9781839218750
Length 756 pages
Edition 2nd Edition
Languages
Concepts
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Authors (7):
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Salman A. Baset Salman A. Baset
Author Profile Icon Salman A. Baset
Salman A. Baset
Venkatraman Ramakrishna Venkatraman Ramakrishna
Author Profile Icon Venkatraman Ramakrishna
Venkatraman Ramakrishna
Salman Baset Salman Baset
Author Profile Icon Salman Baset
Salman Baset
Anthony O'Dowd Anthony O'Dowd
Author Profile Icon Anthony O'Dowd
Anthony O'Dowd
Petr Novotny Petr Novotny
Author Profile Icon Petr Novotny
Petr Novotny
Nitin Gaur Nitin Gaur
Author Profile Icon Nitin Gaur
Nitin Gaur
Luc Desrosiers Luc Desrosiers
Author Profile Icon Luc Desrosiers
Luc Desrosiers
+3 more Show less
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Table of Contents (18) Chapters Close

Preface 1. Blockchain – An Enterprise and Industry Perspective 2. Exploring Hyperledger Fabric FREE CHAPTER 3. Business Networks 4. Setting the Stage with a Business Scenario 5. Designing Smart Contract Transactions and Ledger Data Structures 6. Developing Smart Contracts 7. Developing Applications 8. Advanced Topics for Developing Smart Contracts and Applications 9. Network Operation and Distributed Application Building 10. Enterprise Design Patterns and Considerations 11. Agility in a Blockchain Network 12. Governance – A Necessary Evil of Regulated Industries 13. Life in a Blockchain Network 14. Hyperledger Fabric Security 15. Blockchain's Future, Protocol Commercialization, and Challenges Ahead 16. Another Book You May Enjoy
17. Index

Decentralization and governance

You may be wondering why we are covering such a topic in a blockchain book. After all, aren't blockchain networks supposed to be decentralized and, therefore, guarded against the control of a single entity? The reality is that, behind the technology, there are humans who shape the direction of the solution. For an enterprise-grade blockchain network to succeed, it requires many decisions throughout its life cycle.

Even Bitcoin, the decentralized, anonymous, permissionless network, must deal with hard decisions. A case in point is the controversy around Bitcoin's block size. In the early days of Bitcoin, the developers set a block size limit of 1 MB. As the network scaled up, this limit became problematic. Numerous proposals were issued, but the need for a consensus across the entirety of Bitcoin nodes made the change a challenge to agree upon. The debate started in 2015, but the community had to wait until February 2018...

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