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)

Introduction

In the last chapter, we discussed creating tokens and ICOs. Every ERC20 token will have the same value as every other token in the same contract. This class of identical fungible tokens may not be suited for all needs. For non-identical and unique tokens in Ethereum blockchain, ERC-721 defines the standard. It defines the interface that describes how to build non-fungible tokens.

One of the popular examples of non-identical tokens is CryptoKitties. It is a game that allows the users to buy, sell, trade, and breed digital cats. The uniqueness of each kitty cannot be represented by ERC-20 tokens. This chapter also covers the topics needed for creating an extremely collectable token such as CryptoKitties.

In this recipe, you will learn how to create non-fungible ERC-721 tokens. You will also learn how to create games and decentralized organizations in Ethereum blockchain...