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

Working with third-party Ethereum wallets

Other than the non-deterministic and deterministic ways of categorizing an Ethereum wallet, we can also divide the pie into hardware wallets, desktop wallets, web wallets, mobile wallets, smart contract wallets, and multigeniture wallets. There are custodial wallets abd non-custodial wallets, which depends on whether your private keys are stored by a third party or not. Custodial wallets don't grant you access to private keys, while non-custodial wallets allow full control over your funds. Custodial wallets are trending towards hardware security modules-based solutions, for example Trustology and Anchorage. Another way to classify wallets is as hot and cold wallets. We will show you wallets that are on different platforms and list the features of them. Then, we will go through the steps of how to create two smart contract wallets...