Learn how the blockchain authenticates transactions and distributes data to peers — nodes connected to the network. This course shows you how multiple versions of a blockchain are reconciled into one, discusses blockchain limitations, and delves into organizational applications of blockchain technology.
Dieser Kurs ist Teil der Spezialisierung Spezialisierung Blockchain
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University of California, Irvine
Since 1965, the University of California, Irvine has combined the strengths of a major research university with the bounty of an incomparable Southern California location. UCI’s unyielding commitment to rigorous academics, cutting-edge research, and leadership and character development makes the campus a driving force for innovation and discovery that serves our local, national and global communities in many ways.
Lehrplan - Was Sie in diesem Kurs lernen werden
Authenticating Transactions and Distributing Data to Peers
During this initial week we will start by looking at how the blockchain data are shared among nodes in the peer-to-peer network over the internet and how the interconnectivity of the nodes is managed.
Determining the Canonical Version of a Blockchain
We will continue to look more closely at how nodes add blocks to the data structure with the goal of maintaining a consistent transaction history. We’ll also see that multiple histories can sometimes arise due to a variety of factors ranging from benign, but unpredictable, node outages to intentional malfeasance. This requires that the system have a means of collectively determining which single history is the correct one. We’ll explore two approaches to achieve this: the longest chain criterion and the heaviest chain criterion and practice applying the principles that we have learned in this week’s assignment.
Blockchain Limitations
The blockchain is not a perfect system and indeed has its limitations. We will explore some of the constraints of the blockchain and address the issues that cause such limitations.
Organizational Applications of Blockchain
We will finish the course by exploring other opportunities for using a blockchain approach to decentralize what have been heretofore centralized industries in which individual entities have controlled or consolidated information. We will develop ideas for applying a blockchain approach to industries other than cryptofinance.
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Über den Spezialisierung Blockchain
Gain a fundamental understanding of blockchain technology and its components. Learn how such applications as cryptofinance makes use of the blockchain for decentralized, peer-to-peer transaction processing. Apply your knowledge of blockchain technology to enhance your trust and confidence in cryptocurrency trading and other situations where the blockchain is used.

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