You're reading from Rust for Blockchain Application Development

Product typeBook

Published inApr 2024

PublisherPackt

ISBN-139781837634644

Edition1st Edition

Concepts

Web Security

Author (1)

Akhil Sharma

Summary

In this chapter, we’ve gained deep insight into blockchains and how they operate. We covered many concepts that are important to understanding how blockchains truly work, such as immutability, forking, validation, transactions, nodes, the different consensus mechanisms, gas fees, and processing fees.

Then, we broke down how blockchains power decentralization and applications that are deployed to blockchains, such as DAOs, DeFi apps, NFT platforms, and so on. We also went through some topics such as scalability involving interoperability, consensus, and sharding. These are the hottest topics in blockchain technology since experts are working on them to try and scale blockchains for millions of users.

In the next chapter, we will understand what makes Rust the perfect fit for building blockchains and we will learn some Rust concepts hands-on before diving into building our own blockchain using Rust.

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Rust for Blockchain Application Development

Published in: Apr 2024Publisher: PacktISBN-13: 9781837634644

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Author (1)

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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