Book Image

Building Blockchain Projects

By : Narayan Prusty
Book Image

Building Blockchain Projects

By: Narayan Prusty

Overview of this book

Blockchain is a decentralized ledger that maintains a continuously growing list of data records that are secured from tampering and revision. Every user is allowed to connect to the network, send new transactions to it, verify transactions, and create new blocks, making it permission-less. This book will teach you what blockchain is, how it maintains data integrity, and how to create real-world blockchain projects using Ethereum. With interesting real-world projects, you will learn how to write smart contracts which run exactly as programmed without any chance of fraud, censorship, or third-party interference, and build end-to-e applications for blockchain. You will learn about concepts such as cryptography in cryptocurrencies, ether security, mining, smart contracts, solidity, and more. You will also learn about web sockets, various API services for Ethereum, and much more. The blockchain is the main technical innovation of bitcoin, where it serves as the public ledger for bitcoin transactions.
Table of Contents (16 chapters)
Title Page
Credits
About the Author
About the Reviewers
www.PacktPub.com
Customer Feedback
Preface

Building a wallet service


Now we have learned enough theory about LightWallet, it's time to build a wallet service using LightWallet and hooked-web3-provider. Our wallet service will let users generate a unique seed, display addresses and their associated balance, and finally, the service will let users send ether to other accounts. All the operations will be done on the client side so that users can trust us easily. Users will either have to remember the seed or store it somewhere.

Prerequisites

Before you start building the wallet service, make sure that you are running the geth development instance, which is mining, has the HTTP-RPC server enabled, allows client-side requests from any domain, and finally has account 0 unlocked. You can do all these by running this:

geth --dev --rpc --rpccorsdomain "*" --rpcaddr "0.0.0.0" --rpcport "8545" --mine --unlock=0

Here, --rpccorsdomain is used to allow certain domains to communicate with geth. We need to provide a list of domains space separated,...