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)

Building your own Initial Coin Offering

An Initial Coin Offering (ICO) is a method of crowdfunding through cryptocurrencies and blockchain. In general, the ICO provides tokens for investors in exchange for legal tender or other cryptocurrencies such as Bitcoin or Ethereum. ICOs provide a means by which startups can get funding for their projects. This can also help avoid the costs of intermediaries, such as venture capitalists, banks, and stock exchanges.

This recipe focuses on creating an ICO contract in Ethereum.

Getting ready

You need to have a development environment that supports solidity programming and an Ethereum network to deploy and test your code.

If your ICO distributes tokens to the investors in exchange for...