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

Creating ERC 721 token – the DigitalArt token

For an artist, when they want to sell their product, it is often hard to connect dealers and collectors. If they manage to connect with dealers and collectors, the party on the other side may not be interested in buying the artist's product. Selling their art to the next owner may take a long time due to the many layers of the middleman. The entire process is not transparent and not efficient. Blockchain, however, is a technology that can provide you with opportunities to make the process more transparent.

An art gallery is a great example of an ERC-721 token use case. ERC-721 tokens are non-fungible tokens and essentially have a unique identity that can be used to represent digital ownership. The token itself is genetically traceable. When a digital art owner assigns a unique token ID, along with the original author&apos...