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 Ethereum

The chapter gives an extensive overview of the Ethereum ecosystem. The chapter summarizes its origin to its current state, explaining the complete anatomy of Ethereum, accounts, nodes, smart contracts, consensus mechanisms, and much more. You will learn about the basics of Ethereum as a cryptocurrency and the blockchain that powers it. You will also gain exposure to different consensus mechanisms such as proof-of-work and proof-of-stake, which are very essential to understanding the rest of the chapters and how blockchain works.

This chapter will introduce you to the types of Ethereum keys, the significance of private keys, and how they are used to sign a transaction. You will also get an introduction to wallets and learn about the different types of wallets. You will also learn about how to create your first wallet using MetaMask. The chapter also covers some of the important things to consider when storing secret phrases and how to use them to recover...