Book Image

Mastering Ethereum

By : Merunas Grincalaitis
Book Image

Mastering Ethereum

By: Merunas Grincalaitis

Overview of this book

Ethereum is one of the commonly used platforms for building blockchain applications. It's a decentralized platform for applications that can run exactly as programmed without being affected by fraud, censorship, or third-party interference. This book will give you a deep understanding of how blockchain works so that you can discover the entire ecosystem, core components, and its implementations. You will get started by understanding how to configure and work with various Ethereum protocols for developing dApps. Next, you will learn to code and create powerful smart contracts that scale with Solidity and Vyper. You will then explore the building blocks of the dApps architecture, and gain insights on how to create your own dApp through a variety of real-world examples. The book will even guide you on how to deploy your dApps on multiple Ethereum instances with the required best practices and techniques. The next few chapters will delve into advanced topics such as, building advanced smart contracts and multi-page frontends using Ethereum blockchain. You will also focus on implementing machine learning techniques to build decentralized autonomous applications, in addition to covering several use cases across a variety of domains such as, social media and e-commerce. By the end of this book, you will have the expertise you need to build decentralized autonomous applications confidently.
Table of Contents (17 chapters)
Free Chapter
1
Section 1: Blockchain - Ethereum Refresher
5
Section 2: Decentralized Application Development Workflow
12
Section 3: Ethereum Implementations

Building the Ethereum backend

The backend for our project will take care of generating trades that can be filled by anyone as long as they have enough funds to pay the established price. When the user gets registered, they'll deploy an Escrow contract which will be used by our main DAX contract. So let's start by setting up the requirements and the contract structure before starting to fill all the functions to practice the system to improve, developer's efficiency that we studied in Chapter 4, Mastering Smart Contracts.

Start by defining the functions that we'll need in a big comment at the beginning of the file:

// Functions that we need:
/*
1. Constructor to setup the owner
2. Fallback non-payable function to reject ETH from direct transfers since we only want people to use the functions designed to trade a specific pair
3. Function to extract tokens...