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Mastering Blockchain.. - Third Edition

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

Product type Book
Published in Aug 2020
Publisher Packt
ISBN-13 9781839213199
Pages 816 pages
Edition 3rd Edition
Languages
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. Public Key Cryptography 5. Consensus Algorithms 6. Introducing Bitcoin 7. The Bitcoin Network and Payments 8. Bitcoin Clients and APIs 9. Alternative Coins 10. Smart Contracts 11. Ethereum 101 12. Further Ethereum 13. Ethereum Development Environment 14. Development Tools and Frameworks 15. Introducing Web3 16. Serenity 17. Hyperledger 18. Tokenization 19. Blockchain – Outside of Currencies 20. Enterprise Blockchain 21. Scalability and Other Challenges 22. Current Landscape and What's Next 23. Index

Development phases

The four phases in the development of Ethereum 2.0 are focused on various features of the blockchain.

The main work included in Phase 0 is around the management of validators and the staking mechanism. In addition, this phase also includes block proposer selection, consensus mechanism rules, and a reward/penalty mechanism.

Phase 1 includes the development of shard chains and blocks along with the cross-linking (anchoring) of shard blocks to the beacon chain (the core system chain).

Phase 1.5 also known as "the merge" is where ethereum mainnet will transit into Ethereum 2 most likely by becoming a shard chain of Ethereum 2.0.

The next stage, Phase 2, is focused on execution environment upgrades, and includes a VM upgrade to ewasm along with cross-shard communication and access to execution environments. Moreover, Phase 2 introduces the ability to run and interact with smart contracts. Currently, the specification is not final and might...

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