12 Blockchain: the road ahead

 

This chapter covers

  • The challenges facing blockchain technology and existing solutions
  • Decentralized identity management
  • Consensus among decentralized participants
  • Scalability, privacy, security, and confidentiality
  • Foundations, practical applications and the road ahead
 
 
 

12.1       Decentralized identity

 

12.1.1   Self-managed identity

 
 

12.2       Consensus and integrity

 
 
 

12.2.1   Proof of work

 
 

12.2.2   Proof of stake

 
 

12.2.3   Byzantine fault-tolerant consensus

 

12.3       Scalability

 

12.3.1   Solutions

 
 

12.4       Privacy

 
 
 
 

12.4.1   Public, private and permissioned networks

 
 
 
 

12.5       Confidentiality

 

12.5.1   Open information

 

12.5.2   A solution

 
 

12.6       Security

 
 
 

12.6.1   Securing it with cryptocurrency

 

12.7       Accessing off-chain data (Oracles)

 
 

12.8       From foundations to practical systems

 
 
 
 

12.9       Blockchain, the road ahead

 
 

12.10    Best Practices

 
 
 
 

12.11    Wrapping it up

 
 
 
 

12.12    Summary

 
 
 
 
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