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From Traditional Fault Tolerance to Blockchain

From Traditional Fault Tolerance to Blockchain
Author: Wenbing Zhao
Publisher: John Wiley & Sons
Total Pages: 464
Release: 2021-04-28
Genre: Computers
ISBN: 1119682088
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This book covers the most essential techniques for designing and building dependable distributed systems, from traditional fault tolerance to the blockchain technology. Topics include checkpointing and logging, recovery-orientated computing, replication, distributed consensus, Byzantine fault tolerance, as well as blockchain. This book intentionally includes traditional fault tolerance techniques so that readers can appreciate better the huge benefits brought by the blockchain technology and why it has been touted as a disruptive technology, some even regard it at the same level of the Internet. This book also expresses a grave concern on using traditional consensus algorithms in blockchain because with the limited scalability of such algorithms, the primary benefits of using blockchain in the first place, such as decentralization and immutability, could be easily lost under cyberattacks.

From Traditional Fault Tolerance to Blockchain

From Traditional Fault Tolerance to Blockchain
Author: Wenbing Zhao
Publisher: John Wiley & Sons
Total Pages: 464
Release: 2021-05-18
Genre: Computers
ISBN: 1119682118
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This book covers the most essential techniques for designing and building dependable distributed systems, from traditional fault tolerance to the blockchain technology. Topics include checkpointing and logging, recovery-orientated computing, replication, distributed consensus, Byzantine fault tolerance, as well as blockchain. This book intentionally includes traditional fault tolerance techniques so that readers can appreciate better the huge benefits brought by the blockchain technology and why it has been touted as a disruptive technology, some even regard it at the same level of the Internet. This book also expresses a grave concern on using traditional consensus algorithms in blockchain because with the limited scalability of such algorithms, the primary benefits of using blockchain in the first place, such as decentralization and immutability, could be easily lost under cyberattacks.

Fault-Tolerant Distributed Transactions on Blockchain

Fault-Tolerant Distributed Transactions on Blockchain
Author: Suyash Gupta
Publisher: Springer Nature
Total Pages: 248
Release: 2022-06-01
Genre: Computers
ISBN: 303101877X
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Since the introduction of Bitcoin—the first widespread application driven by blockchain—the interest of the public and private sectors in blockchain has skyrocketed. In recent years, blockchain-based fabrics have been used to address challenges in diverse fields such as trade, food production, property rights, identity-management, aid delivery, health care, and fraud prevention. This widespread interest follows from fundamental concepts on which blockchains are built that together embed the notion of trust, upon which blockchains are built. 1. Blockchains provide data transparancy. Data in a blockchain is stored in the form of a ledger, which contains an ordered history of all the transactions. This facilitates oversight and auditing. 2. Blockchains ensure data integrity by using strong cryptographic primitives. This guarantees that transactions accepted by the blockchain are authenticated by its issuer, are immutable, and cannot be repudiated by the issuer. This ensures accountability. 3. Blockchains are decentralized, democratic, and resilient. They use consensus-based replication to decentralize the ledger among many independent participants. Thus, it can operate completely decentralized and does not require trust in a single authority. Additions to the chain are performed by consensus, in which all participants have a democratic voice in maintaining the integrity of the blockchain. Due to the usage of replication and consensus, blockchains are also highly resilient to malicious attacks even when a significant portion of the participants are malicious. It further increases the opportunity for fairness and equity through democratization. These fundamental concepts and the technologies behind them—a generic ledger-based data model, cryptographically ensured data integrity, and consensus-based replication—prove to be a powerful and inspiring combination, a catalyst to promote computational trust. In this book, we present an in-depth study of blockchain, unraveling its revolutionary promise to instill computational trust in society, all carefully tailored to a broad audience including students, researchers, and practitioners. We offer a comprehensive overview of theoretical limitations and practical usability of consensus protocols while examining the diverse landscape of how blockchains are manifested in their permissioned and permissionless forms.

Tendermint

Tendermint
Author: Ethan Buchman
Publisher:
Total Pages:
Release: 2016
Genre:
ISBN:
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Tendermint is a new protocol for ordering events in a distributed network under adversarial conditions. More commonly known as consensus or atomic broadcast, the problem has attracted significant attention recently due to the widespread success of digital currencies, such as Bitcoin and Ethereum, which successfully solve the problem in public settings without a central authority. Tendermint modernizes classic academic work on the subject to provide a secure consensus protocol with accountability guarantees, as well as an interface for building arbitrary applications above the consensus. Tendermint is high performance, achieving thousands of transactions per second on dozens of nodes distributed around the globe, with latencies of about one second, and performance degrading moderately in the face of adversarial attacks.

Mastering Blockchain

Mastering Blockchain
Author: Imran Bashir
Publisher: Packt Publishing Ltd
Total Pages: 817
Release: 2020-08-31
Genre: Computers
ISBN: 1839211377
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Develop a deeper understanding of what's under the hood of blockchain with this technical reference guide on one of the most disruptive modern technologies Key Features Updated with four new chapters on consensus algorithms, Ethereum 2.0, tokenization, and enterprise blockchains Learn about key elements of blockchain theory such as decentralization, cryptography, and consensus protocols Get to grips with Solidity, Web3, cryptocurrencies, smart contract development and solve scalability, security and privacy issues Discover the architecture of different distributed ledger platforms including Ethereum, Bitcoin, Hyperledger Fabric, Hyperledger Sawtooth, Corda and Quorum Book Description Blockchain is the backbone of cryptocurrencies, with applications in finance, government, media, and other industries. With a legacy of providing technologists with executable insights, this new edition of Mastering Blockchain is thoroughly revised and updated to the latest blockchain research with four new chapters on consensus algorithms, Serenity (the update that will introduce Ethereum 2.0), tokenization, and enterprise blockchains. This book covers the basics, including blockchain's technical underpinnings, cryptography and consensus protocols. It also provides you with expert knowledge on decentralization, decentralized application development on Ethereum, Bitcoin, alternative coins, smart contracts, alternative blockchains, and Hyperledger. Further, you will explore blockchain solutions beyond cryptocurrencies such as the Internet of Things with blockchain, enterprise blockchains, tokenization using blockchain, and consider the future scope of this fascinating and disruptive technology. By the end of this book, you will have gained a thorough comprehension of the various facets of blockchain and understand their potential in diverse real-world scenarios. What you will learn Grasp the mechanisms behind Bitcoin, Ethereum, and alternative cryptocurrencies Understand cryptography and its usage in blockchain Understand the theoretical foundations of smart contracts Develop decentralized applications using Solidity, Remix, Truffle, Ganache and Drizzle Identify and examine applications of blockchain beyond cryptocurrencies Understand the architecture and development of Ethereum 2.0 Explore research topics and the future scope of blockchain Who this book is for If you are a technologist, business executive, a student or an enthusiast who wishes to explore the fascinating world of blockchain technology, smart contracts, decentralized applications and distributed systems then this book is for you. Basic familiarity with a beginner-level command of a programming language would be a plus.

An Economic Model of Consensus on Distributed Ledgers

An Economic Model of Consensus on Distributed Ledgers
Author: Hanna Halaburda
Publisher:
Total Pages:
Release: 2021
Genre: Blockchains (Databases)
ISBN:
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In recent years, the designs of many new blockchain applications have been inspired by the Byzantine fault tolerance (BFT) problem. While traditional BFT protocols assume that most system nodes are honest (in that they follow the protocol), we recognize that blockchains are deployed in environments where nodes are subject to strategic incentives. This paper develops an economic framework for analyzing such cases. Specifically, we assume that 1) non-Byzantine nodes are rational, so we explicitly study their incentives when participating in a BFT consensus process; 2) non-Byzantine nodes are ambiguity averse, and specifically, Knightian uncertain about Byzantine actions; and 3) decisions/inferences are all based on local information. We thus obtain a consensus game with preplay communications. We characterize all equilibria, some of which feature rational leaders withholding messages from some nodes in order to achieve consensus. These findings enrich those from traditional BFT algorithms, where an honest leader always sends messages to all nodes. We also study how the progress of communication technology (i.e., potential message losses) affects the equilibrium consensus outcome.

Smart Blockchain

Smart Blockchain
Author: Meikang Qiu
Publisher: Springer
Total Pages: 179
Release: 2018-12-07
Genre: Computers
ISBN: 303005764X
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This book constitutes the refereed proceedings of the First International Conference on Smart Blockchain, SmartBlock 2018, held in Tokyo, Japan, in December 2018. The 17 papers presented in this volume were carefully reviewed and selected from 102 submissions. They focus on a broad range of topics in the area of blockchain, from privacy-preserving solutions to designing advanced blockchain mechanism, from empirical studies to practical manuals.

Fault-Tolerant Distributed Transactions on Blockchain

Fault-Tolerant Distributed Transactions on Blockchain
Author: Suyash Gupta
Publisher: Synthesis Lectures on Data Man
Total Pages: 268
Release: 2021-02-09
Genre: Computers
ISBN: 9781636390598
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Since the introduction of Bitcoin-the first widespread application driven by blockchain-the interest of the public and private sectors in blockchain has skyrocketed. In recent years, blockchain-based fabrics have been used to address challenges in diverse fields such as trade, food production, property rights, identity-management, aid delivery, health care, and fraud prevention. This widespread interest follows from fundamental concepts on which blockchains are built that together embed the notion of trust, upon which blockchains are built. 1. Blockchains provide data transparancy. Data in a blockchain is stored in the form of a ledger, which contains an ordered history of all the transactions. This facilitates oversight and auditing. 2. Blockchains ensure data integrity by using strong cryptographic primitives. This guarantees that transactions accepted by the blockchain are authenticated by its issuer, are immutable, and cannot be repudiated by the issuer. This ensures accountability. 3. Blockchains are decentralized, democratic, and resilient. They use consensus-based replication to decentralize the ledger among many independent participants. Thus, it can operate completely decentralized and does not require trust in a single authority. Additions to the chain are performed by consensus, in which all participants have a democratic voice in maintaining the integrity of the blockchain. Due to the usage of replication and consensus, blockchains are also highly resilient to malicious attacks even when a significant portion of the participants are malicious. It further increases the opportunity for fairness and equity through democratization. These fundamental concepts and the technologies behind them-a generic ledger-based data model, cryptographically ensured data integrity, and consensus-based replication-prove to be a powerful and inspiring combination, a catalyst to promote computational trust. In this book, we present an in-depth study of blockchain, unraveling its revolutionary promise to instill computational trust in society, all carefully tailored to a broad audience including students, researchers, and practitioners. We offer a comprehensive overview of theoretical limitations and practical usability of consensus protocols while examining the diverse landscape of how blockchains are manifested in their permissioned and permissionless forms.

Wireless Blockchain

Wireless Blockchain
Author: Bin Cao
Publisher: John Wiley & Sons
Total Pages: 340
Release: 2021-11-01
Genre: Technology & Engineering
ISBN: 1119790808
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Explore foundational concepts in blockchain theory with an emphasis on recent advances in theory and practice In Wireless Blockchain: Principles, Technologies and Applications, accomplished researchers and editors Bin Cao, Lei Zhang, Mugen Peng, and Muhammad Ali Imran deliver a robust and accessible exploration of recent developments in the theory and practice of blockchain technology, systems, and potential application in a variety of industrial sectors, including manufacturing, entertainment, public safety, telecommunications, public transport, healthcare, financial services, automotive, and energy utilities. The book presents the concept of wireless blockchain networks with different network topologies and communication protocols for various commonly used blockchain applications. You’ll discover how these variations and how communication networks affect blockchain consensus performance, including scalability, throughput, latency, and security levels. You’ll learn the state-of-the-art in blockchain technology and find insights on how blockchain runs and co-works with existing systems, including 5G, and how blockchain runs as a service to support all vertical sectors efficiently and effectively. Readers will also benefit from the inclusion of: A thorough introduction to the Byzantine Generals problem, the fundamental theory of distributed system security and the foundation of blockchain technology An overview of advances in blockchain systems, their history, and likely future trends Practical discussions of Proof-of-Work systems as well as various Proof-of-“X” alternatives, including Proof-of-Stake, Proof-of-Importance, and Proof-of-Authority A concise examination of smart contracts, including trusted transactions, smart contract functions, design processes, and related applications in 5G/B5G A treatment of the theoretical relationship between communication networks and blockchain Perfect for electrical engineers, industry professionals, and students and researchers in electrical engineering, computer science, and mathematics, Wireless Blockchain: Principles, Technologies and Applications will also earn a place in the libraries of communication and computer system stakeholders, regulators, legislators, and research agencies.

Blockchain Technology and the Internet of Things

Blockchain Technology and the Internet of Things
Author: Rashmi Agrawal
Publisher: CRC Press
Total Pages: 329
Release: 2020-12-31
Genre: Computers
ISBN: 1000038637
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This new volume looks at the electrifying world of blockchain technology and how it has been revolutionizing the Internet of Things and cyber-physical systems. Aimed primarily at business users and developers who are considering blockchain-based projects, the volume provides a comprehensive introduction to the theoretical and practical aspects of blockchain technology. It presents a selection of chapters on topics that cover new information on blockchain and bitcoin security, IoT security threats and attacks, privacy issues, fault-tolerance mechanisms, and more. Some major software packages are discussed, and it also addresses the legal issues currently affecting the field. The information presented here is relevant to current and future problems relating to blockchain technology and will provide the tools to build efficient decentralized applications. Blockchain technology and the IoT can profoundly change how the world—and businesses—work, and this book provides a window into the current world of blockchain. No longer limited to just Bitcoin, blockchain technology has spread into many sectors and into a significant number of different technologies.