This course explores the practical applications of blockchain beyond cryptocurrency, focusing on real-world scenarios. By the end of the course, learners will understand the potential of blockchain technology in internet payments, the importance of protecting asset issuers from forks, and the concept of Federated Byzantine Agreement (FBA). The course teaches skills such as analyzing multiple tokens on a blockchain, implementing Counterparty-based consensus, and comprehending the Stellar Consensus Protocol (SCP). The teaching method involves theoretical explanations, examples, and comparisons with other approaches. This course is intended for individuals interested in understanding the broader implications of blockchain technology and its practical implementations in various industries.
Overview
Syllabus
Introduction.
Internet payments.
Is this a job for blockchain?.
What blockchain really gives us.
Multiple tokens on a blockchain.
Blockchain forks.
Mining is scary for digital asset issuers.
Must protect asset issuers from forks.
Stellar: many issuers, one ledger.
Counterparty-based consensus.
The Internet hypothesis.
Federated Byzantine Agreement (FBA) Based on Byzantine agreement-consensus among closed group.
Tiered quorum slice example.
The Stellar Consensus Protocol [SCP].
SCP: High-level view.
The Stellar Network.
Comparison to other approaches.
Taught by
Stanford Online
