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You're reading from  Blockchain Quick Reference

Product typeBook
Published inAug 2018
Reading LevelIntermediate
PublisherPackt
ISBN-139781788995788
Edition1st Edition
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Authors (4):
Brenn Hill
Brenn Hill
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Brenn Hill

Brenn Hill is a senior software engineer who has worked with such clients as NASCAR, PGA Tour, Time Warner Cable, and many others. He has experience leading international teams on cannot fail engineering projects. He strives to work with business to ensure that tech projects achieve good ROI and solve key business problems. He has a master's degree in Information Science from UNC-CH and currently travels the world as a digital nomad.
Read more about Brenn Hill

Samanyu Chopra
Samanyu Chopra
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Samanyu Chopra

Samanyu Chopra is a developer, entrepreneur, and Blockchain supporter with wide experience of conceptualizing, developing, and producing computer and mobile software's. He has been programming since the age of 11. He is proficient in programming languages such as JavaScript, Scala, C#, C++, Swift, and so on. He has a wide range of experience in developing for computers and mobiles. He has been a supporter of Bitcoin and blockchain since its early days and has been part of wide-ranging decentralized projects since a long time. You can write a tweet to him at @samdonly1.
Read more about Samanyu Chopra

Paul Valencourt
Paul Valencourt
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Paul Valencourt

Paul Valencourt is CFO of BlockSimple Solutions. He currently helps people launch STOs and invest in cryptocurrency mining.
Read more about Paul Valencourt

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Lack of interoperability

Current blockchain technologies do not easily interoperate. While it is possible to write an application that can communicate with multiple blockchains, those blockchains do not have the natural capability to communicate with each other. In many cases, the fundamental approach to transactions and governance may not be compatible. For instance, in the Ethereum network, any user can send any token to any other user, no permission required by the recipient. The recipient is free to ignore the new tokens if they wish, but they still have them (which results in some interesting tax questions). In the Stellar network, however, a user must issue a trustline to another in order to receive custom tokens issued by that user.

Similarly, many networks offer multisignature and multiuser wallets on-chain. However, without a centralized application sitting outside the...

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Blockchain Quick Reference
Published in: Aug 2018Publisher: PacktISBN-13: 9781788995788

Authors (4)

author image
Brenn Hill

Brenn Hill is a senior software engineer who has worked with such clients as NASCAR, PGA Tour, Time Warner Cable, and many others. He has experience leading international teams on cannot fail engineering projects. He strives to work with business to ensure that tech projects achieve good ROI and solve key business problems. He has a master's degree in Information Science from UNC-CH and currently travels the world as a digital nomad.
Read more about Brenn Hill

author image
Samanyu Chopra

Samanyu Chopra is a developer, entrepreneur, and Blockchain supporter with wide experience of conceptualizing, developing, and producing computer and mobile software's. He has been programming since the age of 11. He is proficient in programming languages such as JavaScript, Scala, C#, C++, Swift, and so on. He has a wide range of experience in developing for computers and mobiles. He has been a supporter of Bitcoin and blockchain since its early days and has been part of wide-ranging decentralized projects since a long time. You can write a tweet to him at @samdonly1.
Read more about Samanyu Chopra

author image
Paul Valencourt

Paul Valencourt is CFO of BlockSimple Solutions. He currently helps people launch STOs and invest in cryptocurrency mining.
Read more about Paul Valencourt