Skip to main content

Basic Technology

  • Chapter
  • First Online:
Blockchain Application Guide

Abstract

Blockchain technology and distributed ledger technology have developed rapidly since Bitcoin, the first Blockchain concept, was proposed in 2008. In this chapter, we will introduce the development history and basic concept of the Blockchain. The reader can have a general understanding of the Blockchain so that the reader will comprehend other chapters’ content more easily. We will first look back on the development history of the Blockchain and then look to the future of Blockchain technology. Next, we will discuss fundamental technologies for the Blockchain systems. These technologies ensure the efficiency and security of the Blockchain and expand the blockchain's practical scenarios. After introducing fundamental technologies, we will exhibit three classes of blockchain: public chain, private chain, and consortium chain. Finally, we will illustrate the architecture of Blockchain systems.

This is a preview of subscription content, log in via an institution to check access.

Access this chapter

Chapter
USD 29.95
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
eBook
USD 149.00
Price excludes VAT (USA)
  • Available as EPUB and PDF
  • Read on any device
  • Instant download
  • Own it forever
Softcover Book
USD 199.99
Price excludes VAT (USA)
  • Compact, lightweight edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info
Hardcover Book
USD 199.99
Price excludes VAT (USA)
  • Durable hardcover edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Purchases are for personal use only

Institutional subscriptions

References

  1. Nakamoto S. Bitcoin: a peer-to-peer electronic cash system. (31 Oct 2008). https://bitcoin.org/bitcoin.pdf.

  2. Blockchain and distributed ledger technologies—vocabulary: ISO 22739:2020. (16 Jul 2021). https://www.iso.org/standard/73771.html.

  3. China Blockchain Technology and Industry Development Forum. Blockchain Reference Architecture: CBD-Forum-001-2017: 2017. (15 May 2020). http://www.cbdforum.cn/bcweb/resources/upload/ueditor/jsp/upload/file/20201217/1608188444336059074.pdf.

  4. Yong Y, Feiyue W. Current situation and prospects of blockchain technology development. J Automation. 2016;42(4):581–494.

    Google Scholar 

  5. Government Office of Science. Distributed Ledger Technology: Beyond Blockchai. (10 Feb 2021). https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/492972/gs-16–1-distributed-ledger-technology.pdf.

  6. Haber S, Stornetta WS. How to time-stamp a digital document. In: Conference on the theory and application of cryptography. Springer; 1990. p 437–55.

    Google Scholar 

  7. Bayer D, Haber S, Stornetta WS. Improving the efficiency and reliability of digital time-stamping. In: Sequences II: methods in communication, security, and computer science. Springer; 1993. P. 329–34.

    Google Scholar 

  8. Jakobsson M, Juels A. Proofs of work and bread pudding protocols. In: IFIP TC6/TC11 joint working conference on communications and multimedia security (CMS’99). Leuven: Belgium; 1999. P. 258–72.

    Google Scholar 

  9. Dwork C, Naor M. Pricing via processing or combating junk mail. In: CRYPTO’92: proceedings of the 12th annual international cryptology conference on advances in cryptology; 1992. 139–47.

    Google Scholar 

  10. Eyal I, Sirer EG. Majority is not enough: Bitcoin mining is vulnerable. In: International conference on financial cryptography and data security. Springer; 2014. 436–54.

    Google Scholar 

  11. Yong Y, Feiyue W. Blockchain theory and method. Beijing: Tsinghua University Press; 2019.

    Google Scholar 

  12. Blockchain and distributed ledger technologies—Overview of and interactions between smart contracts in blockchain and distributed ledger technology systems: ISO/TR 23455:2019. (16 Jul 2021). https://www.iso.org/standard/75624.html?browse=tc.

  13. Reference framework for distributed ledger technologies: ITU-T F.751.2. (13 Aug 2020). https://www.itu.int/rec/T-REC-F.751.2/recommendation.asp?lang=en&parent=T-REC-F.751.2-202008-I.

  14. Blockchain and distributed ledger technologies—Reference architecture: ISO 23257:2022(E). https://www.iso.org/standard/75093.html.

Download references

Author information

Authors and Affiliations

Authors

Corresponding author

Correspondence to Wenhan Huang .

Editor information

Editors and Affiliations

Rights and permissions

Reprints and permissions

Copyright information

© 2022 Publishing House of Electronics Industry

About this chapter

Check for updates. Verify currency and authenticity via CrossMark

Cite this chapter

Deng, X., Huang, W., Tang, X. (2022). Basic Technology. In: Tang, X., Deng, X., Bie, R. (eds) Blockchain Application Guide. Springer, Singapore. https://doi.org/10.1007/978-981-19-5260-9_1

Download citation

  • DOI: https://doi.org/10.1007/978-981-19-5260-9_1

  • Published:

  • Publisher Name: Springer, Singapore

  • Print ISBN: 978-981-19-5259-3

  • Online ISBN: 978-981-19-5260-9

  • eBook Packages: Computer ScienceComputer Science (R0)

Publish with us

Policies and ethics