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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

Mathematics

As the subject of cryptography is based on mathematics, this section will introduce some basic concepts that will help you understand the concepts presented later.

Modular arithmetic

Also known as clock arithmetic, numbers in modular arithmetic wrap around when they reach a certain fixed number. This fixed number is a positive number called modulus (sometimes abbreviated to mod), and all operations are performed concerning this fixed number.

Modular arithmetic is analogous to a 12-hour clock; there are numbers from 1 to 12. When 12 is reached, the numbers start from 1 again. Imagine that the time is 9:00 now; 4 hours from now, it will be 1:00 because the numbers wrap around at 12 and start from 1 again. In normal addition, this would be 9 + 4 = 13, but that is not the case on a 12-hour clock; it is 1:00.

In other words, this type of arithmetic deals with the remainders after the division operation. For example, 50 mod 11 is 6 because 50 / 11 leaves a remainder...

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