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

Understanding the zkEVM

zkEVM is an implementation of the EVM that leverages ZKPs to enable privacy-preserving smart contracts and computations on the Ethereum blockchain.

The EVM is the runtime environment for smart contracts on the Ethereum network. It is a Turing-complete virtual machine that processes and executes smart contract code, making it possible to build and deploy dApps on Ethereum. However, one of the limitations of the current EVM is the lack of native support for privacy-preserving computations and transactions.

The zkEVM aims to address this limitation by integrating ZKPs into the EVM, allowing users to create and interact with smart contracts while keeping their input, output, and state changes private. In a zkEVM, users can prove the correctness of their smart contract executions without revealing the underlying data, thus ensuring privacy and confidentiality.

Integrating ZKPs into the EVM has several potential benefits and use cases:

  • Privacy-preserving...