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)

Implementing multisig wallets in solidity

A multisig wallet is a smart contract that lives in the Ethereum blockchain. This wallet defines a set of rules to manage and transfer funds and requires approval from more than one participant before each action. This reduces risk if one person is incapacitated or loses their keys.

In this recipe, you will learn to create a basic multisig wallet and perform transactions using it.

Getting ready

The wallet is built on Ethereum and uses solidity as the language. You need to have a working installation of Ethereum for deploying and testing the code. You also need to have good knowledge of writing smart contracts to understand the solidity code explained in this recipe.

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