Blockchain Unit 3
Blockchain Unit 3
TEST YOURSELF
5. What is the key difference between traditional app development and DApp development?
6. What is the difference between cryptocurrency and cryptographic token?
7. What is the difference between utility tokens and security tokens?
8. What is the difference between fungible token and non-fungible token?
9. Provide one example of ERC20 token available in the market.
10. What is Ethereum Improvement Proposal?
11. What is Ethereum Request for Comment?
12. What is the difference between centralized and decentralized storage mechanisms?
13. What is the key limitation for achieving high performance in blockchain applications?
14. What is the name of the runtime environment for smart contracts in Ethereum?
ASSIGNMENTS
3. Capture the actors and create activity diagram, sequence diagram, and state diagram for P2P pav
4. Create a report on ERC tokens, apart from those mentioned in this chapter.
5. Take two use cases, other than P2P payments, that are relevant for blockchain and architect solu
for those based on the framework mentioned in this chapter.
REFERENCES
Internet References
The references and links below are valid as on November 2019.
Link 1
Building value with blockchain http://www3.weforum.org/docs/WEF_Building
-
with_Blockchain.pdf
network.aspx