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

Zero-Knowledge Proofs and Zero-Knowledge EVMs

In this chapter, we’ll take a beginner-friendly dive into some advanced topics – Zero-Knowledge Proofs (ZKPs) and Zero-Knowledge EVMs (ZKEVMs). We’ll introduce you to these concepts, explore where they can be useful, and understand their vital role in the future of Ethereum technology. Here’s what we’ll focus on:

  • Understanding ZKPs
  • Understanding ZKEVMs

This chapter will set the stage for your journey into these intriguing concepts.

A classic example of a ZKP is the “Ali Baba’s cave” analogy. In this scenario, the prover wants to convince the verifier that they know the secret password to open a door inside a cave without revealing the password itself. They do this by entering the cave through the door while the verifier is not looking, and then exiting the cave through another entrance. The verifier can be convinced that the prover knows the password, since they...