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Mastering Blockchain

You're reading from   Mastering Blockchain Distributed ledger technology, decentralization, and smart contracts explained

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Product type Paperback
Published in Mar 2018
Publisher Packt
ISBN-13 9781788839044
Length 656 pages
Edition 2nd 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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Toc

Table of Contents (21) Chapters Close

Preface 1. Blockchain 101 FREE CHAPTER 2. Decentralization 3. Symmetric Cryptography 4. Public Key Cryptography 5. Introducing Bitcoin 6. Bitcoin Network and Payments 7. Bitcoin Clients and APIs 8. Alternative Coins 9. Smart Contracts 10. Ethereum 101 11. Further Ethereum 12. Ethereum Development Environment 13. Development Tools and Frameworks 14. Introducing Web3 15. Hyperledger 16. Alternative Blockchains 17. Blockchain – Outside of Currencies 18. Scalability and Other Challenges 19. Current Landscape and What's Next 20. Another Book You May Enjoy

Components of the Ethereum ecosystem

The Ethereum blockchain stack consists of various components. At the core, there is the Ethereum blockchain running on the peer-to-peer Ethereum network. Secondly, there's an Ethereum client (usually Geth) that runs on the nodes and connects to the peer-to-peer Ethereum network from where blockchain is downloaded and stored locally. It provides various functions, such as mining and account management. The local copy of the blockchain is synchronized regularly with the network. Another component is the web3.js library that allows interaction with the geth client via the Remote Procedure Call (RPC) interface.

This architecture can be visualized in the following diagram:

The Ethereum stack showing various components

A formal list of all high-level elements present in the Ethereum blockchain is presented here:

  • Keys and addresses
  • Accounts...
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