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 smart contract access controls

Access control in Solidity smart contracts is crucial for restricting access to sensitive functionality and preventing unauthorized usage. Implementing strong access control mechanisms can protect your smart contracts from attacks and vulnerabilities.

In this section, we will deep dive into access control with dos and don’ts, followed by examples of bad access controls.

Dos:

  • Use well-established access control patterns, such as the Ownable pattern, role-based access control (RBAC), or access control lists (ACLs)
  • Define modifiers to restrict access to certain functions
  • Be explicit in defining access levels for functions and state variables
  • Test and audit your access control mechanisms thoroughly to ensure proper restrictions
  • Update access controls as needed when adding new functionality or roles

Don’ts:

  • Don’t rely solely on hardcoded addresses for access control as this can...