Blockchain as a Service -
Deploying Ethereum Blockchain in MS Azure
Here, I am writing my first ever wiki\blog on block chain, and I am sharing whatever I have learnt so far. This article will not go to the details of the Block Chain technology in details as many of us knows already that Blockchain is the underlying technology behind cryptocurrencies, however, it's way more than simply a virtual currency. It is a composite of existing database, distributed system, and cryptographic technologies that enables secure multi-party computation with guarantees around immutability, verifiability, auditability, and resiliency to transactions.
There are so many different way to implement, and Ethereum is one of them, with several different implementations, and again we will not go into the details of the Ethereum protocol, implementations, architecture, or public network, but however it’s still important to know a simple application and network architecture to better understand that different deployment option are now available.
There are so many different way to implement, and Ethereum is one of them, with several different implementations, and again we will not go into the details of the Ethereum protocol, implementations, architecture, or public network, but however it’s still important to know a simple application and network architecture to better understand that different deployment option are now available.
There are so many different way to implement, and Ethereum is one of them, with several different implementations, and again we will not go into the details of the Ethereum protocol, implementations, architecture, or public network, but however it’s still important to know a simple application and network architecture to better understand that different deployment option are now available.
Just to high level as applications interacting with databases today, Similarly :
· Decentralized applications will communicate and execute logic against the Ethereum blockchain.
· A private Ethereum network consists of a peer-to-peer decentralized network of nodes.
· These nodes maintain a copy of the data store (i.e. distributed ledger).
· Nodes run a Ethereum virtual machine to support computation\transactions against the ledger.
· Smart contracts are the mechanism that allows for this complicated computation on the network, similar to stored procedures on traditional databases.
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