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

The fundamentals of Web3

Web3 refers to the third generation of the World Wide Web, which emphasizes the use of decentralized technologies such as blockchain and peer-to-peer networking. Some of the key features of Web3 include the following:

  • Decentralization: In contrast to the centralized nature of Web2, Web3 technologies are decentralized and distributed, meaning that they are not controlled by any single entity.
  • Blockchain: A key technology underlying Web3 is the blockchain, which is a decentralized, distributed ledger that records transactions in a secure and transparent manner.
  • Smart contracts: Smart contracts are typically used in dApps that run on blockchain networks, such as Ethereum. They are used to automate the execution of complex financial transactions, enforce rules and regulations, and ensure that all parties involved in the contract are held accountable.
  • Interoperability: Web3 technologies are designed to be interoperable, meaning that they can...