Book Image

The Essential Guide to Web3

By : Vijay Krishnan
3 (1)
Book Image

The Essential Guide to Web3

3 (1)
By: Vijay Krishnan

Overview of this book

Web3, the new blockchain-based web, is often hailed as the future of the internet. Driven by technologies such as cryptocurrencies, NFTs, DAOs, decentralized finance, and more, Web3’s aim is to give individuals more control over the web communities they belong to. Whether you’re a beginner or an experienced developer, this book will help you master the intricacies of Web3 and its revolutionary technologies. Beginning with a concise introduction to blockchain and the Ethereum ecosystem, this book quickly immerses you in real-world blockchain applications. You’ll work on carefully crafted hands-on exercises that are designed for beginners as well as users with prior exposure. The chapters show you how to build and deploy smart contracts, while mastering security controls and discovering best practices for writing secure code. As you progress, you’ll explore tokenization and gain proficiency in minting both fungible and non-fungible tokens (NFTs) with the help of step-by-step instructions. The concluding chapters cover advanced topics, including oracles, Layer 2 (L2) networks, rollups, zero knowledge proofs, and decentralized autonomous organizations (DAOs). By the end of this Web3 book, you’ll be well-versed in the Web3 ecosystem and have the skills to build powerful and secure decentralized applications.
Table of Contents (25 chapters)
Free Chapter
1
Part 1 – Introduction to Web3
5
Part 2 – All about Smart Contracts
9
Part 3 – Writing Your DApps for Web3
12
Part 4 – Fungible Tokens
15
Part 5 – Non-Fungible Tokens
18
Part 6 – Web3 Advanced Topics

Getting started with Web3

We need to understand Web1 and Web2 to understand Web3. Let us understand what Web1 stands for first.

Web1, or the first generation of the World Wide Web (W3), refers to the earliest stage of the web, which was primarily used to access and share information. It was characterized by static HTML pages that could be linked using hyperlinks. Web1 focused on the dissemination of information, rather than on interactive and dynamic content. It was also limited in terms of the types of media that could be shared, as it was primarily text-based. It is important to know that Web1 is the foundation for many modern technologies and frameworks that we have in the world today.

So, Web2 is simply the next generation of technologies that evolved from Web1. Web2, or the second generation of the W3, refers to the stage of the web that focuses on the development of interactive and dynamic content, and on improving the user experience. Some key features of Web2 include...