Blockchain Tutorial for Blockchain Developers

If we are to believe a recent report by CoinDesk, the Blockchain technology will continue to foster at an exponential rate in the upcoming fiscal years. And guess what? The demand to learn Blockchain as a technology would increase even more among freshers and Blockchain enthusiasts. In addition, Blockchain will find its way and venture into advanced applications of almost every vertical and their horizontals. Owing to these developments in the Blockchain landscape, there will be a plethora of job openings for Blockchain Developers. As a matter of fact, the median annual salary of a Blockchain Developer lies in the range of US$106,680.

Check out this Blockchain video by Intellipaat:

Blockchain Tutorial – Learn Blockchain to become a Blockchain Developer Blockchain Tutorial for Blockchain Developers If we are to believe a recent report by CoinDesk, the Blockchain technology will continue to foster at an exponential rate in the upcoming fiscal years. And guess what? The demand to learn Blockchain as a technology would increase even more among freshers and Blockchain

‘Blockchain technology isn’t just a more efficient way to settle securities. It will fundamentally change market structures and maybe even the architecture of Internet itself.’

This statement by Abigail Johnson, CEO of Fidelity Investments, speaks volumes about the potential of Blockchain as a disruptive technology.

You might have come across the term ‘Blockchain technology’ before, in reference to cryptocurrencies. The term might seem abstract with little real meaning on the surface; nonetheless, without Blockchain, digital currencies would not exist. If you are new to cryptocurrencies, and to the Blockchain technology, read this guide on the Blockchain basics and set yourself in the direction of a blissful and lucrative career.

As an attempt to familiarize you with every nook and corner of the Blockchain space, we at Intellipaat have prepared this Blockchain tutorial. This tutorial will give you an introduction to Blockchain and subsequently pave a way for you to take up a high-paying Blockchain Developer job role. As you navigate through the modules of this Blockchain tutorial, you will get to learn about the Blockchain basics, Blockchain architecture, Blockchain Developer, leading Blockchain companies, working principles, Blockchain applications, Blockchain types, and certain of its real-time use cases.

Also, we will shed light on certain concepts and applicability of Blockchain technology. By the time you reach the end of this Blockchain tutorial, not only will you comprehensively understand how Blockchain networks work in real-time but also garner comprehensive insights about how you can pace your career with the evolution of the Blockchain technology.
We can guarantee that if you pay your undivided attention while skimming through this Blockchain tutorial, you will learn all that is needed to master Blockchain within a few weeks.
Here, we have the list of topics if you want to jump right into a specific one:

Why Blockchain?

As we have seen, there is absolutely no central control, no national boundary, and no specific owner in Blockchain. Its security is powered by sophisticated cryptographic processes performed by p2p users, through a process known as mining.

Here are some of the reasons why we need to embrace Blockchain technology.

Blockchain

  • Secure

It is impossible for anyone to tamper with transactions or ledger records present in Blockchain.

  • Worldwide Adaptation

Blockchain has been adopted worldwide and has the backing of many investors from both the banking and non-banking sectors.

Blockchain masters program

  • Automated Operations

In Blockchain networks, operations are fully automated through software implications. Private companies are not needed to oversee the operations.

  • Open-source Technology

Blockchain happens to be an open-source technology. All operations within a Blockchain network are carried out by the open-source community.

  • Distributed Architecture

Blockchain works in a distributed mode in which records are stored in all nodes in the network. If one node goes down, it doesn’t impact the other nodes or records.

  • Flexible

The Blockchain network can be programmed using the basic programming concepts. This flexibility makes Blockchain networks easy to operate on.

Learn about Blockchain technology from Intellipaat Blockchain Training Course and excel in your career as a Blockchain Developer!

Here’s a video for you. Learn about blockchain from scratch!

Blockchain Tutorial – Learn Blockchain to become a Blockchain Developer Blockchain Tutorial for Blockchain Developers If we are to believe a recent report by CoinDesk, the Blockchain technology will continue to foster at an exponential rate in the upcoming fiscal years. And guess what? The demand to learn Blockchain as a technology would increase even more among freshers and Blockchain

Learn What Blockchain Can Do

Blockchain is a digital ledger that keeps a record of all transactions taking place in a peer-to-peer network. All information transferred via Blockchain is encrypted and every occurrence is recorded, meaning that the information cannot be altered. As a decentralized network, Blockchain networks do not require any central or certifying authority. For this reason, these networks can be relied upon for much more than the transfer of currency; in fact, contracts, records, and other kinds of data can be shared across the Blockchain network. Encrypted information can be shared across multiple providers without risking a privacy breach.

Blockchain has gained immense popularity, because of these attributes:

  • Blockchain networks are distributed ledgers on the Internet
  • Each action is visible for everyone; only adding lines is possible and that too after consensus
  • ‘Peer to peer’: No third party is required in order to carry out transactions
  • Secured by unbreakable cryptographic hashing

Audience

Individuals including software professionals and graduates who want to build a career around the Blockchain network or those who want to learn the precepts of Blockchain as a whole are most welcome to this Intellipaat Blockchain tutorial.

Prerequisites

  • Familiarity with scripting languages such as HTML, JavaScript, and CSS
  • Enthusiasm to grow with the fast-paced evolution of Blockchain

Frequently Asked Questions

What programming language is used for Blockchain?

Blockchain-based projects support several programming languages including Solidity, C#, C++, SQL, Ruby, Java, JavaScript, Python, and GoLang. However, Solidity is majorly used.

How Blockchain works step by step?

Whenever a blockchain is introduced to a new blockchain transaction or any new block is to be added to the blockchain, in general, numerous nodes within the same blockchain implementation are required to execute algorithms to evaluate, verify and process the history of the blockchain block. If most of the nodes authenticate the history and signature of the block, the new block of blockchain transaction is accepted into the ledger and the new block containing data is added to the blockchain.

How do I get started with Blockchain?

To get started with blockchain, you can understand Merkle and hash trees. This tutorial covers the basics of blockchain in a comprehensive manner. We also have a YouTube video on Blockchain tutorial that can help you enhance your understanding of the subject.

If you want to learn blockchain from experts, you can enroll with us for our Blockchain Training!

What is Blockchain beginner?

This tutorial is a beginner’s guide for all those who want to pursue a career in the field of blockchain. Also, you can learn blockchain from industry experts by clicking on this link.

What is Blockchain in simple words?

In simple terms, the Blockchain ledger is digital, distributed and decentralized. As the name suggests, blockchain is nothing but a linear chain of blocks that holds information of transactions taking place over the web. Every block contains data in the form of coding that is organized in a chronological manner.

Can blockchain be hacked?

Blockchain networks are undoubtedly the most secure form of technology we have presently, but it won’t be far from now when some hacker will eventually find his/her way through our so-called secured blockchain. A lot of research is being done to curb the broken ends that exist in the blockchain world today.

Does blockchain require coding?

Coding is a necessity for blockchain developers. One cannot develop secure blockchain applications without knowing how to code.

Table of Contents

Blockchain Use Cases

Potential use cases of the blockchain: Proof of Existence : Demonstrating data ownership without revealing actual data Document timestamping Checking for document integrity   Record Keeping : Data inserted and hashed into secure blockchains like Bitcoin creates permanent and unforgeable information. Projects such as Tierion utilize the Bitcoin blockchain to make "blockchain receipts". Identity : Onename uses an ID system Read More

History of Blockchain

Blockchain Background: Before getting into the depths of blockchain, it might be quite insightful for you to know the history of blockchain. In this module, we will make sure that you will glean maximum insights about the blockchain background, and the history of blockchain. In 1991, when Stuart Haber and W. Scott Stornetta wanted to implement a system where document Read More

Benefits of Blockchain & Problems with Blockchain

Benefits of Blockchain : Before we shed light on the benefits of blockchain, let us invest some time in comprehending the need of blockchains in the first place. In this module, we shall also focus on the problems with blockchains and what is being done to mitigate those issues. In addition, we will also detail you about the future of blockchains. Read More

What is Blockchain?

What is blockchain Technology?: “The blockchain is an incorruptible digital ledger of economic transactions that can be programmed to record not just financial transactions but virtually everything of value,” Don & Alex Tapscott, authors of Blockchain Revolution (2016). In simple terms, Blockchain ledger is digital, distributed and decentralized. So, how does the blockchain technology work? As per the blockchain definition, Read More

Blockchain Currency – Cryptocurrency

What do you mean by Blockchain Currency? : Before understanding how blockchain and cryptocurrency twin together, let us first brief you about the precepts of cryptocurrency. What exactly is Blockchain Cryptocurrency? Basically, a digital asset, blockchain cryptocurrency is designed to work as a medium of exchange. Unlike physical currencies, blockchain cryptocurrency works on digital channels and are often adhered to strong Read More

How does blockchain work?

How does blockchain work.: Now that we are familiar with a few aspects of blockchains, let us analyze in depth, how does the blockchain works. We know that blockchain is nothing but an endless inundation of blocks which are knit together as a chain, and that too in a specific order of cryptography. When it comes to storing transactional information Read More

Blockchain Wallet

What Are Blockchain Wallets?: The whole concept of Blockchain is fascinating, no doubt. However, there is a catch here. As cryptocurrencies are becoming the order of the day in financial markets, a lot of patience goes into understanding and managing them. We know that cryptocurrencies are digital money, so where do we store them? The answer to this question is Read More

Blockchain Explorer

What is blockchain explorer?: Well, even that is possible. Use an apt blockchain explorer and you are well on your way. Don’t you think about how we can traverse through blocks in a blockchain? An online tool, blockchain explorer is designed and devised to view all the information associated with blocks, addresses, and past and current transactions on a blockchain. Read More

What is Blockchain Database – Difference between Blockchain and Relational database

What is a blockchain database?: If we consider all that we have learned about blockchains so far, we can say that blockchains are quite sophisticated and complex. However, at the bottom line, they are not that complex. They are just like databases but are structurally and functionally different. While databases store data using ‘table’ data structures, blockchains store data in Read More

Blockchain Fork

What are Blockchain Forks?: For a technology which is as sophisticated as blockchains, it won’t be wrong to say that the technology is adhered to numerous limitations. With issues such as propagation delays, which refer to lag time between nodes sending and receiving data, transactions getting lost while being transmitted to receivers, and nodes going bad and transmitting false information, Read More

What is Bitcoin Blockchain?

What is Bitcoin Blockchain? : Before we try to understand how bitcoin and blockchain is related, we must be adept with the precepts of bitcoins. We must also understand what role blockchain plays in the world of bitcoins. If you say that bitcoin is a cryptocurrency, you are correct. It is a form of electronic cash which functions just as general Read More

What is Blockchain Mining?

What exactly is Blockchain mining? : A peer-to-peer computer process, Blockchain mining is used to secure and verify bitcoin transactions. Mining involves Blockchain miners who add bitcoin transaction data to Bitcoin's global public ledger of past transactions. In the ledgers, blocks are secured by Blockchain miners and are connected to each other forming a chain. When we talk in depth, as Read More

What are Smart Contracts Blockchain?

What are Blockchain smart contracts with respect to Bitcoins?: On an evening when Nick Szabo was wondering about the purpose of security around bitcoins, he thought of incorporating software-based protocols to facilitate, verify, and enforce the negotiation or performance of a contract. These software models later were referred to as ‘blockchain smart contracts.’ The basic purpose behind the inception of Read More

What is Ethereum Blockchain?

Ethereum Blockchain: An open-source, public, and blockchain-based distributed computing platform and operating system featuring a smart contract functionality, Ethereum enables distributed applications to be built and executed without any downtime, fraud, control, or interference from a third-party entity. Ethereum is not just a platform but also a Turing-complete programming language running on a blockchain that helps developers publish distributed applications. Read More

Solidity

What is Solidity?: With the mention that Ethereum can be used to write smart contracts, we tend to corner our mind to the fact that there must be some programming language with which these applications are designed. Yes, there is a programming language that makes it possible. It goes by the name ‘Solidity’. An object-oriented programming language, Solidity was developed Read More

Hyperledger

What does ‘Hyperledger’ mean?: Neither a company nor a cryptocurrency and not a blockchain, Hyperledger is a hub for open industrial blockchain development. According to the official Hyperledger website, ‘Hyperledger is an open-source collaborative effort created to advance cross-industry blockchain technologies. It is a global collaboration, hosted by the Linux Foundation, including leaders in finance, banking, Internet of Things, supply Read More

What is Ripple Blockchain?

Ripple Blockchain: Developed by the US-based technology company Labs Inc. in 2012, is a real-time gross settlement system (RTGS), currency exchange, and remittance network. The most distinguishing feature of is its build schematics. Mounted on top of a distributed open-source protocol, supports tokens that represent fiat currency, cryptocurrency, commodities, and other units Read More

What is EOS Blockchain?

EOS Blockchain Protocol: EOS blockchain or EOS.IO is a blockchain protocol which is powered by its native cryptocurrency EOS. The protocol emulates almost every attribute of a real computer including CPUs, GPUs, local memories like RAM, and hard disk storages with computing resources that are distributed equally among EOS cryptocurrency possessors. Operating as a smart contract platform, EOS.IO is a Read More

Use Cases of Blockchains

Create your own ‘Private Blockchain’: Here’s a use case of blockchains. Being case-specific, this use case will help you understand how blockchains can revolutionize all verticals in the marketplace. The use case centers around devising lightweight financial systems using blockchains. Check this Blockchain video by intellipaat Within this financial system, one or more scarce assets are transacted and exchanged between Read More

Blockchain Applications

What are the applications of blockchains?: Blockchains are basically decentralized permission-less databases whose primary utility is to remove the need for trusted middlemen. In addition, they lower operational costs, speed up traditional processes and systems, and further offer added benefits of accuracy through logic-driven execution and automatic backup of transaction records. There are several concepts and applications that are ripe Read More

Ethereum Cheat Sheet

Ethereum Quick Reference Guide: Blockchain started as tickle but in just a few years has become a flood. Banking sectors started to adopt this technology immediately. Even though it is still at the nascent stage, we can certainly see the future of Blockchain and its significance in each organization. Check this Blockchain video by intellipaat We are familiar with the Read More

Blockchain Cheat Sheet

Blockchain Cheat Sheet: The world of blockchain and cryptocurrencies can seem daunting to anyone on the outside looking in. And with good reason too. There's a lot of technical information around, as well as thousands of cryptocurrency companies, with more created every day. With such an overwhelming amount of information out there, where do you start? Well, with that in Read More

Solidity Cheat Sheet

Solidity User Handbook: Are you a programmer looking for a powerful tool to work on Ethereum Virtual Machines? If yes, then you must take Solidity into consideration. This Solidity cheat sheet is designed for the one who has already started learning about the Ethereum and using Solidity as a tool, then this sheet will be handy reference. Don't worry if Read More

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