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

In summary, Ethereum is currently the second-largest blockchain network by market capitalization. It has been growing rapidly in recent years, with an increasing number of dApps and DeFi platforms being built on top of it. Ethereum moved to a PoS consensus algorithm called Ethereum 2.0. The network has also seen significant growth in the DeFi space and the NFT market.

In this chapter, we delved deeply into the EVM to unravel the inner workings of smart contract execution on the Ethereum network. As you embarked on this journey, you gained a profound understanding of the EVM’s architecture and its pivotal role in powering the decentralized world of Ethereum.

We uncovered the complexities of the EVM’s components, starting with the execution environment. Here, we discovered how the EVM provides a secure sanctuary for smart contracts, housing crucial elements such as code, data storage, and the execution state. With this foundation, we also saw the EVM’...