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Mastering Blockchain

You're reading from   Mastering Blockchain A deep dive into distributed ledgers, consensus protocols, smart contracts, DApps, cryptocurrencies, Ethereum, and more

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Product type Paperback
Published in Aug 2020
Publisher Packt
ISBN-13 9781839213199
Length 816 pages
Edition 3rd Edition
Languages
Concepts
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Author (1):
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Imran Bashir Imran Bashir
Author Profile Icon Imran Bashir
Imran Bashir
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Table of Contents (24) Chapters Close

Preface 1. Blockchain 101 2. Decentralization FREE CHAPTER 3. Symmetric Cryptography 4. Public Key Cryptography 5. Consensus Algorithms 6. Introducing Bitcoin 7. The Bitcoin Network and Payments 8. Bitcoin Clients and APIs 9. Alternative Coins 10. Smart Contracts 11. Ethereum 101 12. Further Ethereum 13. Ethereum Development Environment 14. Development Tools and Frameworks 15. Introducing Web3 16. Serenity 17. Hyperledger 18. Tokenization 19. Blockchain – Outside of Currencies 20. Enterprise Blockchain 21. Scalability and Other Challenges 22. Current Landscape and What's Next 23. Index

Starting up the private network

First, let's start up our private network and prepare it for use. The first step is to create a directory named etherprivate under the home directory of the user.

$ mkdir ~/etherprivate

This command will create the directory. Once the directory is created, place the privategenesis.json file shown earlier in The genesis file section. At this point, stored under the home directory of the user, we have a directory named ~/etherprivate, which contains the genesis file called privategenesis.json. We are ready to start our network. The initial command to start the private network is shown as follows:

$ geth init ~/etherprivate/privategenesis.json --datadir ~/etherprivate

This will produce an output similar to what is shown in the following screenshot:

Figure 13.3: Private network initialization

This output indicates that a genesis block has been created successfully. In order for geth to start, the following command can...

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