Book Image

Learn Ethereum

By : Xun (Brian) Wu, Zhihong Zou, Dongying Song
Book Image

Learn Ethereum

By: Xun (Brian) Wu, Zhihong Zou, Dongying Song

Overview of this book

Ethereum is a blockchain-based, decentralized computing platform that allows running smart contracts. This book provides a basic overview of how Ethereum works, its ecosystem, mining process, and the consensus mechanism. It also demonstrates a step-by-step approach for building decentralized applications. This book begins with the very basics of Blockchain technology. Then it dives deep into the Ethereum architecture, framework and tools in its ecosystem. It also provides you an overview of ongoing research on Ethereum, for example, Layer 1 and 2 scaling solution, Stablecoin, ICO/STO/IEO, etc. Next, it explains Solidity language in detail, and provides step-by-step instructions for designing, developing, testing, deploying, and monitoring decentralized applications. In addition, you’ll learn how to use Truffle, Remix, Infura, Metamask, and many other Ethereum technologies. It’ll also help you develop your own cryptocurrency by creating ERC20, and ERC721 smart contracts from scratch. Finally, we explain private blockchains, and you learn how to interact with smart contracts through wallets.
Table of Contents (19 chapters)
Free Chapter
1
Section 1: Blockchain and Ethereum Basics
5
Section 2: Blockchain Development Cycle
8
Section 3: Ethereum Implementations
12
Section 4: Production and Deployment
16
Section 5: Conclusion

Summary

In this chapter, you learned how to deploy a private Ethereum blockchain, as well as other types of private blockchains. We also provided some real-world use cases of private blockchains in different industries. blockchain is still at the very early stages of its technological revolution. As the technology becomes more mature, we expect it will be very successful and have a profound impact on many industries.

As blockchain technology is being recognized by broader and broader audiences, the development of smart contracts is increasing rapidly. In the time it has taken to write this book, 73,699,065 accounts (externally owned accounts and contract accounts) have been added to the Ethereum main network, holding 107,440,864.655 ether. The number of accounts is 10 times higher than it was two years ago. A total number of 96,108,208 contract internal transactions have been...