Book Image

Ethereum Smart Contract Development

By : Mayukh Mukhopadhyay
Book Image

Ethereum Smart Contract Development

By: Mayukh Mukhopadhyay

Overview of this book

Ethereum is a public, blockchain-based distributed computing platform featuring smart contract functionality. This book is your one-stop guide to blockchain and Ethereum smart contract development. We start by introducing you to the basics of blockchain. You'll learn about hash functions, Merkle trees, forking, mining, and much more. Then you'll learn about Ethereum and smart contracts, and we'll cover Ethereum virtual machine (EVM) in detail. Next, you'll get acquainted with DApps and DAOs and see how they work. We'll also delve into the mechanisms of advanced smart contracts, taking a practical approach. You'll also learn how to develop your own cryptocurrency from scratch in order to understand the business behind ICO. Further on, you'll get to know the key concepts of the Solidity programming language, enabling you to build decentralized blockchain-based applications. We'll also look at enterprise use cases, where you'll build a decentralized microblogging site. At the end of this book, we discuss blockchain-as-a-service, the dark web marketplace, and various advanced topics so you can get well versed with the blockchain principles and ecosystem.
Table of Contents (18 chapters)
Title Page
Dedication
Packt Upsell
Contributors
Preface
Index

Chapter 1. Blockchain Basics

This chapter will serve as a warm-up session about blockchain before we dive into Ethereum and smart contract development. To really appreciate blockchain, we must understand the two pillars on which blockchain, as a technology, is firmly grounded: distributed systems and cryptography. Once we have tackled these two core concepts, we will try to understand blockchain from two different perspectives: one as a software developer and another as a trader of financial instruments. Then, we'll probe into the internal logical architecture of a block in blockchain, focusing on the bitcoin block structure and get a gentle introduction to the mining and forking process.

We conclude the chapter by discussing the evolution of blockchain as a technology in recent years, three generations of blockchain technology, and the current position of blockchain on the gartner hype cycle.

After studying this chapter, you will be able to:

  • Understand the foundation of blockchain technology
  • Appreciate blockchain as a developer and a trader
  • Discuss the basic structure of a bitcoin block
  • Know about blockchain mining and forking and understand the evolution, generations, and hype surrounding blockchain