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Transaction order and state
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Classroom Contents
Why You Should Really Care About the Blockchain
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- 1 Intro
- 2 Transaction order and state
- 3 In a centralized system
- 4 In a distributed and decentralized database
- 5 How do you reach consensus?
- 6 Various implementations of these concepts
- 7 Different instances of the same implementation
- 8 Why do you need a crypto-currency?
- 9 It started off as a currency
- 10 A payment transaction
- 11 A generic transaction
- 12 A generic blockchain
- 13 Everywhere there is a registry of andered transactions nobody should be able to tamper with
- 14 Each transaction involves business logic
- 15 In a blockchain, business processes are coded into smart contracts
- 16 A distributed application Dapa is a set of smart contracts with a user interface
- 17 Blockchain = design pattern
- 18 Pay-to-participate
- 19 Transaction confirmation times are long
- 20 System evolution is slow
- 21 You need a decision model
- 22 A few pieces of advice
