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You're reading from  Mastering Blockchain.. - Third Edition

Product typeBook
Published inAug 2020
Reading LevelBeginner
PublisherPackt
ISBN-139781839213199
Edition3rd Edition
Languages
Solidity
Tools
Blockchain
Concepts
Cryptocurrency
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Author (1)
Imran Bashir
Imran Bashir
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Imran Bashir

Imran Bashir has an M.Sc. in Information Security from Royal Holloway, University of London, and has a background in software development, solution architecture, infrastructure management, and IT service management. He is also a member of the Institute of Electrical and Electronics Engineers (IEEE) and the British Computer Society (BCS). Imran has extensive experience in both the public and financial sectors, having worked on large-scale IT projects in the public sector before moving to the financial services industry. Since then, he has worked in various technical roles for different financial companies in Europe's financial capital, London.
Read more about Imran Bashir

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Components of the Ethereum ecosystem

The Ethereum blockchain stack consists of various components. At the core, there is the Ethereum blockchain running on the peer-to-peer Ethereum network. Secondly, there's an Ethereum client (usually Geth) that runs on the nodes and connects to the peer-to-peer Ethereum network from where blockchain is downloaded and stored locally. It provides various functions, such as mining and account management. The local copy of the blockchain is synchronized regularly with the network. Another component is the web3.js library that allows interaction with the geth client via the Remote Procedure Call (RPC) interface.

The overall Ethereum ecosystem architecture is visualized in the following diagram:

Figure 11.6: Ethereum high-level ecosystem

A list of elements present in the Ethereum blockchain is presented here:

  • Keys and addresses
  • Accounts
  • Transactions and messages
  • Ether cryptocurrency/tokens
  • The...
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Mastering Blockchain.. - Third Edition
Published in: Aug 2020Publisher: PacktISBN-13: 9781839213199
© 2020 Packt Publishing Limited All Rights Reserved

Author (1)

author image
Imran Bashir

Imran Bashir has an M.Sc. in Information Security from Royal Holloway, University of London, and has a background in software development, solution architecture, infrastructure management, and IT service management. He is also a member of the Institute of Electrical and Electronics Engineers (IEEE) and the British Computer Society (BCS). Imran has extensive experience in both the public and financial sectors, having worked on large-scale IT projects in the public sector before moving to the financial services industry. Since then, he has worked in various technical roles for different financial companies in Europe's financial capital, London.
Read more about Imran Bashir

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