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Mastering Blockchain, Fourth Edition

You're reading from   Mastering Blockchain, Fourth Edition Inner workings of blockchain, from cryptography and decentralized identities, to DeFi, NFTs and Web3

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Product type Paperback
Published in Mar 2023
Publisher Packt
ISBN-13 9781803241067
Length 818 pages
Edition 4th 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 FREE CHAPTER 2. Decentralization 3. Symmetric Cryptography 4. Asymmetric Cryptography 5. Consensus Algorithms 6. Bitcoin Architecture 7. Bitcoin in Practice 8. Smart Contracts 9. Ethereum Architecture 10. Ethereum in Practice 11. Tools, Languages, and Frameworks for Ethereum Developers 12. Web3 Development Using Ethereum 13. The Merge and Beyond 14. Hyperledger 15. Tokenization 16. Enterprise Blockchain 17. Scalability 18. Blockchain Privacy 19. Blockchain Security 20. Decentralized Identity 21. Decentralized Finance 22. Blockchain Applications and What’s Next 23. Index

CAP theorem and blockchain

The CAP theorem, also known as Brewer's theorem, was introduced by Eric Brewer in 1998 as a conjecture. In 2002, it was proven as a theorem by Seth Gilbert and Nancy Lynch. The theorem states that any distributed system cannot have consistency, availability, and partition tolerance simultaneously:

  • Consistency is a property that ensures that all nodes in a distributed system have a single, current, and identical copy of the data. Consistency is achieved using consensus algorithms to ensure that all nodes have the same copy of the data. This is also called state machine replication. The blockchain is a means for achieving state machine replication.
  • Availability means that the nodes in the system are up, accessible for use, and are accepting incoming requests and responding with data without any failures as and when required. In other words, data is available at each node and the nodes are responding to requests.
  • Partition tolerance ensures that if a group...
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