In chapter 7, the author briefly discusses how to deploy a smart contract. You’re using Ganache in your labs, but you’ll learn in future chapters about public test blockchains and production (live) blockchains. Once you deploy a smart contract, that smart contract code is stored on the blockchain forever (remember immutability?) Understanding that you cannot simply overwrite previously deployed smart contracts, contrast approaches to deploying traditional applications and blockchain apps. Does blockchain make deployments easier or harder? Are there any potential risks when deploying blockchain apps that either don’t exist in traditional environments or aren’t as prominent? What should a development organization do differently to mitigate these risks?
Create a new thread :- Answer the following
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Get Help Now!- Contrast approaches to deploying traditional applications and blockchain apps.
- Explain whether blockchain make deployments easier or harder.
- Identify any potential risks when deploying blockchain apps that either don’t exist in traditional environments or aren’t as prominent.
- Describe what a development organization should do differently to mitigate these risks.
Read
- Blockchain-Based Distributed Optimization for Energy Management Systems Blockchain-Based Distributed Optimization for Energy Management Systems – Alternative Formats
- Ethereum For Dummies Ch 7: Building Your First Ethereum Apps
- Ethereum For Dummies Ch 8b: Learning About Smart Contracts (pages 132-146)
- Ogawa, D., Kobayashi, K., & Yamashita, Y. (2019, May). Blockchain-Based Distributed Optimization for Energy Management Systems. In 2019 IEEE International Conference on Industrial Cyber Physical Systems (ICPS) (pp. 706-711). IEEE Blockchain-Based Distributed Optimization for Energy Management Systems – Alternative Formats .
I’m interested to read what YOU learned from this week’s reading (and any further research). Do NOT submit a research paper. Tell me what you think.
- Think of three questions you’d like to ask other students and add these to the end of your thread.
- The questions must be taken from material you read in Chapter 7 or 8, and each question should start a discussion topic.
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