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

Smart contract on a private blockchain


Let us do some grown-up stuff now. Yes, we are still not going to spend any fiat money to buy ethers to code on a blockchain. Rather we will do the following:

  1. Write a genesis block file for a private blockchain.
  2. Create the private blockchain using geth commands.
  3. Link the private blockchain with the MIST browser.
  4. Mine the chain to generate our own ethers as rewards.
  5. Use those ethers to deploy a smart contract on our very own private blockchain.

The pre-requisite tools to be installed are as follows:

I am not going into the...