Introduction to Blockchain and Decentralized Apps
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The document provides an introduction to blockchain technology and decentralized applications (dApps), detailing the history, functionality, and potential use cases of blockchains. It outlines key components such as transaction validation, consensus, and different blockchain types, along with advantages and disadvantages of using blockchains for dApps. Additionally, it includes a demonstration of blockchain capabilities hosted on Cisco Cloud.
Introduction to Blockchain and Decentralized Apps
- 2. DevNet-1206 – An Introduction to Blockchain & De-Centralised Apps Tom Davies, Vallard Benincosa Cloud Architectures, Cisco
- 3. DevNet-1206 - An Introduction to Blockchain & De-Centralised Apps
- 4. DevNet-1206 - An Introduction to Blockchain & De-Centralised Apps • A brief history of blockchain • What is a blockchain? • How blockchains work… • What can blockchains be used for? • Demonstration - Blockchain on Cisco Cloud • Looking ahead? Agenda
- 5. DevNet-1206 - An Introduction to Blockchain & De-Centralised Apps A brief history of blockchain… ‘Satoshi Nakamoto’ releases reference Implementation 2008 2009 Bitcoin Launched Ethereum Crowdfund $18m 2013 Ethereum Launched 2015 $1B VC Investment 20152011 NameCoin Launched PeerCoin Launched 2013 DApps Proliferate 20152010 MtGox Launched
- 6. DevNet-1206 - An Introduction to Blockchain & De-Centralised Apps What is a blockchain? A cryptographically secure, shared, transactional database… …everyone has a copy, no one entity controls it.
- 7. DevNet-1206 - An Introduction to Blockchain & De-Centralised Apps How blockchains work… Block Anatomy Header Body Timestamp Link to Previous Transaction Bundle Creates a chain of blocks…
- 8. DevNet-1206 - An Introduction to Blockchain & De-Centralised Apps How blockchains work… What do transactions look like? Source Bitcoin Address Transaction Amount Destination Address Val’s Address Address Tom got BTC From Signature Tom Val
- 9. DevNet-1206 - An Introduction to Blockchain & De-Centralised Apps How blockchains work… How transactions get validated… # “Mining” Transactions Nonce
- 10. DevNet-1206 - An Introduction to Blockchain & De-Centralised Apps How blockchains work… Consensus
- 11. DevNet-1206 - An Introduction to Blockchain & De-Centralised Apps How blockchains work… Blockchain Types Public Private Community ‘Sidechains’
- 12. DevNet-1206 - An Introduction to Blockchain & De-Centralised Apps How blockchains work… Smart Contracts Triggers
- 13. DevNet-1206 - An Introduction to Blockchain & De-Centralised Apps How blockchains work… Accounts, Storage & Memory Account Types Memory StorageStorage
- 14. DevNet-1206 - An Introduction to Blockchain & De-Centralised Apps What can a blockchain be used for? Distributed Applications (DApps)…built to require no central server… Level of distribution
- 15. DevNet-1206 - An Introduction to Blockchain & De-Centralised Apps Distributed Applications Other Use cases Gaming DAO IoT Energy Identity Currencies & Trading Social Platforms much more…
- 16. DevNet-1206 - An Introduction to Blockchain & De-Centralised Apps Using blockchains for DApps Advantages Disadvantages Immutable Auditable, Transparent Programmable Scalability Speed Privacy
- 17. DevNet-1206 - An Introduction to Blockchain & De-Centralised Apps Demo
- 18. DevNet-1206 - An Introduction to Blockchain & De-Centralised Apps Demo
- 19. DevNet-1206 - An Introduction to Blockchain & De-Centralised Apps Looking ahead… DApp
- 20. Thank you DevNet-1206 - An Introduction to Blockchain & De-Centralised Apps