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Mastering Blockchain - Fourth Edition

You're reading from  Mastering Blockchain - Fourth Edition

Product type Book
Published in Mar 2023
Publisher Packt
ISBN-13 9781803241067
Pages 818 pages
Edition 4th Edition
Languages
Concepts
Author (1):
Imran Bashir Imran Bashir
Profile icon Imran Bashir

Table of Contents (24) Chapters

Preface 1. Blockchain 101 2. Decentralization 3. Symmetric Cryptography 4. Asymmetric Cryptography 5. Consensus Algorithms 6. Bitcoin Architecture 7. Bitcoin in Practice 8. Smart Contracts 9. Ethereum Architecture 10. Ethereum in Practice 11. Tools, Languages, and Frameworks for Ethereum Developers 12. Web3 Development Using Ethereum 13. The Merge and Beyond 14. Hyperledger 15. Tokenization 16. Enterprise Blockchain 17. Scalability 18. Blockchain Privacy 19. Blockchain Security 20. Decentralized Identity 21. Decentralized Finance 22. Blockchain Applications and What’s Next 23. Index

Bitcoin payments

Bitcoin can be accepted as payment using various techniques. Bitcoin is not recognized as a legal currency in many jurisdictions, but it is increasingly being accepted as a payment method by many online merchants and e-commerce websites. There are a number of ways in which buyers can pay a business that accepts Bitcoin. For example, on an online shop, Bitcoin merchant solutions can be used, whereas in traditional, physical shops, Point of Sale (POS) terminals and other specialized hardware can be used. Customers can simply scan the QR barcode with the seller's payment URI in it and pay using their mobile devices. Bitcoin URIs allow users to make payments by simply clicking on links or scanning QR codes. A Uniform Resource Identifier (URI) is a string that represents the transaction information. It is defined in BIP21. The QR code can be displayed near the point of the sale terminal which can be decoded by wallets.

Various payment solutions, such as the 34 Bytes Bitcoin...

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