What is Block chain – Block chain Origin – Objective of Block chain – Block chain Challenges – Transactions And Blocks ¬– P2P Systems – Keys As Identity – Digital Signatures – Hashing and public key cryptosystems – private vs. public Block chain
Block chain Technology Mechanisms & Networks – Advantage over conventional distributed database – Block chain Network – Mining Mechanism – Distributed Consensus – Merkle Patricia Tree, Gas Limit – Transactions and Fee – Anonymity – Reward – Chain Policy – Life of Block chain application – Soft & Hard Fork – Private and Public block chain.
Nakamoto consensus – Proof of Work, Proof of Stake – Proof of Burn – Difficulty Level – Sybil Attack – Energy utilization and alternate. Applications: Internet of Things – Medical Record Management System – Domain Name Service and future of Block chain.
History – Distributed Ledger – Bit coin protocols – Mining strategy and rewards – Ethereum – Construction – DAO – Smart Contract – GHOST – Vulnerability – Attacks – Side chain – Name coin
Stakeholders – Roots of Bitcoin – Legal Aspects – Crypto currency Exchange – Black Market and Global Economy
Reference Book:
Wattenhofer, The Science of the Blockchain 2 Antonopoulos, Mastering Bitcoin: Unlocking Digital Cryptocurrencies 3 Satoshi Nakamoto, Bitcoin: A Peer-to-Peer Electronic Cash System 4 Dr.Gavin Wood, “ETHEREUM: A Secure Decentralized Transaction Ledger,”Yellow paper.2014. 5 Nicola Atzei, Massimo Bartoletti, and Tiziana Cimoli, A survey of attacks on Ethereum smart
Text Book:
Arvind Narayanan, Joseph Bonneau, Edward Felten, Andrew Miller and Steven Goldfeder, Bitcoin and Cryptocurrency Technologies: A Comprehensive Introduction, Princeton University Press, 2016