Book Image

Ethereum Cookbook

By : Manoj P R
Book Image

Ethereum Cookbook

By: Manoj P R

Overview of this book

Ethereum and Blockchain will change the way software is built for business transactions. Most industries have been looking to leverage these new technologies to gain efficiencies and create new business models and opportunities. The Ethereum Cookbook covers various solutions such as setting up Ethereum, writing smart contracts, and creating tokens, among others. You’ll learn about the security vulnerabilities, along with other protocols of Ethereum. Once you have understood the basics, you’ll move on to exploring various design decisions and tips to make your application scalable and secure. In addition to this, you’ll work with various Ethereum packages such as Truffle, Web3, and Ganache. By the end of this book, you’ll have comprehensively grasped the Ethereum principles and ecosystem.
Table of Contents (13 chapters)

Watching Bitcoin transactions using BTCRelay

Ethereum supports the transfer and verification of Ether by default. If the target users use Bitcoin more than Ethereum, then interoperability between Bitcoin and Ethereum becomes a problem. To solve this issue, Ethereum has a smart contract that stores and relays Bitcoin transactions so that Ethereum DApps can verify Bitcoin transactions.

In this recipe, you will learn to use BTCRelay, which acts as a bridge between the Bitcoin blockchain and Ethereum smart contracts.

To discover new and popular DApps in the Ethereum network, you can use State of the DApps (https://www.stateofthedapps.com/), which is a DApp registry. You can also submit your own DApp to the registry.

Getting ready

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