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You're reading from  Foundations of Blockchain

Product typeBook
Published inJan 2019
PublisherPackt
ISBN-139781789139396
Edition1st Edition
Tools
Blockchain
Concepts
Blockchain
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Author (1)
Koshik Raj
Koshik Raj
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Koshik Raj

Koshik Raj is an information security enthusiast who holds a master's degree in computer science and information security. He has a background of working with RSA, a network security company. He has also worked as a senior developer in CoWrks, Bengaluru. Koshik has been studying blockchain technology since he was introduced to Bitcoin while pursuing his master's. He is currently advising an educational start-up looking to implement blockchain technology in the education space. He is also setting up a blockchain incubation center for students and researchers in Bengaluru to aid mentorship and networking, and even the launching and marketing of their ideas.
Read more about Koshik Raj

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MultiChain blockchain platform

MultiChain is one of the many platforms that help enable enterprises to both build and deploy blockchain applications with ease. As we already know, Bitcoin has a resilient public blockchain that can scale its network and handle transactions, which are ideal for public blockchains. This was achieved when the MultiChain project was created by taking inspiration from Bitcoin and creating a private blockchain platform.

A public blockchain maintained in Bitcoin does introduce a few restrictions, such as limited asset distribution, a transaction cost, lower transaction rates, and transparent transactions. Although it is difficult to escape these restrictions in the public blockchain, not all the use cases need to bear these restrictions.

A use case that can be implemented in a private network shouldn't pay for each transaction, achieve a higher...

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Foundations of Blockchain
Published in: Jan 2019Publisher: PacktISBN-13: 9781789139396
© 2019 Packt Publishing Limited All Rights Reserved

Author (1)

author image
Koshik Raj

Koshik Raj is an information security enthusiast who holds a master's degree in computer science and information security. He has a background of working with RSA, a network security company. He has also worked as a senior developer in CoWrks, Bengaluru. Koshik has been studying blockchain technology since he was introduced to Bitcoin while pursuing his master's. He is currently advising an educational start-up looking to implement blockchain technology in the education space. He is also setting up a blockchain incubation center for students and researchers in Bengaluru to aid mentorship and networking, and even the launching and marketing of their ideas.
Read more about Koshik Raj

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