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You're reading from  Rust for Blockchain Application Development

Product typeBook
Published inApr 2024
PublisherPackt
ISBN-139781837634644
Edition1st Edition
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Akhil Sharma
Akhil Sharma
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Akhil Sharma

Akhil Sharma is a Software Engineer and an entrepreneur. He is the CTO of Dominate, a SaaS product company, and the founder of Myrl Tech, a tech services company providing technology consulting to some of the top enterprise companies in the world such as HP, 3M, Honda, Bose, and Adobe. He has 12+ years of industry experience and a solid understanding of building digital products. He is adept at multiple programming languages such as Golang, Rust, Ruby, Python, and JavaScript. He has mentored hundreds of engineers offline and discovered that they knew the programming language and the concepts around it but were unable to use them in real-world applications. He aims to close this gap by teaching how to apply the concepts practically and build projects in real time.
Read more about Akhil Sharma

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Introducing Polkadot

Polkadot is an innovative blockchain network that has gained significant attention in the cryptocurrency and decentralized application (dApp) development space. Traditional blockchains face scalability, interoperability, security, upgradeability, and innovation challenges. Polkadot addresses these by using a multi-chain structure with parallel parachains, enabling higher scalability and interoperability. Shared security minimizes vulnerabilities, and its upgrade mechanism allows for seamless updates. The modular design of Polkadot encourages innovation by facilitating rapid development and deployment of new features on custom parachains.

At its core, Polkadot utilizes a unique multi-chain architecture (Figure 9.1) that consists of a central relay chain and multiple parallel chains called parachains:

Figure 9. 1 – Illustrating the interaction between the main components and features of Polkadot

Figure 9. 1 – Illustrating the interaction between the main components and features of Polkadot

The relay chain acts as the...

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Rust for Blockchain Application Development
Published in: Apr 2024Publisher: PacktISBN-13: 9781837634644

Author (1)

author image
Akhil Sharma

Akhil Sharma is a Software Engineer and an entrepreneur. He is the CTO of Dominate, a SaaS product company, and the founder of Myrl Tech, a tech services company providing technology consulting to some of the top enterprise companies in the world such as HP, 3M, Honda, Bose, and Adobe. He has 12+ years of industry experience and a solid understanding of building digital products. He is adept at multiple programming languages such as Golang, Rust, Ruby, Python, and JavaScript. He has mentored hundreds of engineers offline and discovered that they knew the programming language and the concepts around it but were unable to use them in real-world applications. He aims to close this gap by teaching how to apply the concepts practically and build projects in real time.
Read more about Akhil Sharma