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

Summary

Let’s summarize what we learned in this chapter. We started by understanding blockchain as a technology and framework. Then, we saw how cryptography plays a very important and integral part in the blockchain technology stack. We also covered some of the basic components of a blockchain. We looked at the anatomy of a blockchain transaction and how it plays an important role, followed by a few common types of blockchain and how they are used. This chapter also laid out the foundation to get started with Web3 and the core fundamentals required for Web3.

In the next chapter, we’ll start looking at the Ethereum blockchain to understand its core fundamentals and basics. We’ll look into concepts such as Ethereum Improvement Proposals (EIP) and Ethereum Request For Comment (ERCs) and the importance of key management. We’ll also learn how to use a wallet and deep-dive into the history of Ethereum.