Titlebook: Blockchain Basics; A Non-Technical Intr Daniel Drescher Book 2017 Daniel Drescher 2017 blockchain.distributed systems.peer-to-peer systems

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Using the Data Storef block headers and Merkle trees containing transaction data. This data structure was invented with the goal of storing transaction data in a secure fashion. But what does storing data in a secure fashion mean in this context? Answering this question is the purpose of this step. This step points out

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they exist, and what has been done to overcome them.Major application scenarios.Who This Book Is For. .Everyone who wants to get a general idea of what blockchain technology is, how it works, and how it will potentially change the financial system as we know it.978-1-4842-2603-2978-1-4842-2604-9

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Book 2017pplication scenarios.Who This Book Is For. .Everyone who wants to get a general idea of what blockchain technology is, how it works, and how it will potentially change the financial system as we know it.

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Spending Money Twicet mean in real life? What happens if integrity is violated? This step considers these questions in more details. In particular, this step introduces one of the most important examples of violated integrity in distributed peer-to-peer systems: the double spending problem.

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Using the Data Store the consequences of changing data in the blockchain and it illustrates how the blockchain-data-structure detects changes. Furthermore, this step highlights the power of hash references when storing data in a change-sensitive manner. Finally, this step explains how to add new blocks to the blockchain-data-structure in a correct way.

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cial and commercial applications of the blockchain work in p.In 25 concise steps, you will learn the basics of blockchain technology. No mathematical formulas, program code, or computer science jargon are used. No previous knowledge in computer science, mathematics, programming, or cryptography is r