Book Image

Ethereum Smart Contract Development

By : Mayukh Mukhopadhyay
Book Image

Ethereum Smart Contract Development

By: Mayukh Mukhopadhyay

Overview of this book

Ethereum is a public, blockchain-based distributed computing platform featuring smart contract functionality. This book is your one-stop guide to blockchain and Ethereum smart contract development. We start by introducing you to the basics of blockchain. You'll learn about hash functions, Merkle trees, forking, mining, and much more. Then you'll learn about Ethereum and smart contracts, and we'll cover Ethereum virtual machine (EVM) in detail. Next, you'll get acquainted with DApps and DAOs and see how they work. We'll also delve into the mechanisms of advanced smart contracts, taking a practical approach. You'll also learn how to develop your own cryptocurrency from scratch in order to understand the business behind ICO. Further on, you'll get to know the key concepts of the Solidity programming language, enabling you to build decentralized blockchain-based applications. We'll also look at enterprise use cases, where you'll build a decentralized microblogging site. At the end of this book, we discuss blockchain-as-a-service, the dark web marketplace, and various advanced topics so you can get well versed with the blockchain principles and ecosystem.
Table of Contents (18 chapters)
Title Page
Dedication
Packt Upsell
Contributors
Preface
Index

Chapter 11. Advanced Topics and the Road Ahead

This chapter deals with select advanced topics related to Ethereum and blockchains. We discuss five broad topics to further your research interests and academic pursuits. We begin with a section on common design patterns that can be applied during smart contract development at enterprise level. Then we move on to the topic of decentralized, autonomous corporations and societies. We devote an entire section to the Ethereum improvement proposal (EIP), where we discuss the life cycle of a proposal. Consortium blockchain concepts are revisited with case studies. We conclude the chapter with a unique topic called Tangle and provide indicators to explore the emerging field of graph-based, distributed ledger technology with special emphasis on Iota.

After studying this chapter, you will be able to:

  • Identify different design patterns
  • Understand the concept of DACs and DAS
  • Understand the Ethereum improvement proposal life cycle
  • Discuss consortium blockchains...