Fundamentals Innovations and Future of Distributed Ledger Technology

Fundamentals Innovations and Future of Distributed Ledger Technology explores the revolutionary world of blockchain technology providing a comprehensive overview of its foundational principles architectural design and diverse applications. This book delves into the intricacies of blockchain explaining how this transformative technology works its historical evolution and the core concepts that underpin its operation such as distributed ledger technology consensus mechanisms and cryptographic hash functions.The book is structured to guide readers from basic understanding to advanced knowledge covering the architecture of blockchain including block structures hashing and Merkle trees as well as various consensus mechanisms like Proof-of-Work Proof-of-Stake and Byzantine Fault Tolerance.