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 security tooling and audits

We will start with tooling first and then move on to auditing. As a beginner, you should be able to distinguish between security and auditing concerns.

A smart contract developer should use tools to ensure their code is free of vulnerabilities for several reasons:

  • Financial implications: Smart contracts often handle and manage valuable assets, such as cryptocurrencies and tokens. Vulnerable smart contracts can lead to significant financial losses, both for the developer and the users.
  • Immutability: Once deployed on a blockchain, smart contracts are immutable, meaning they cannot be changed or updated. Any vulnerabilities present in the code will persist, making it crucial to identify and fix issues before deployment.
  • Trust and reputation: Ensuring that smart contracts are secure is essential for building trust among users and maintaining a good reputation in the industry. Security breaches and loss of funds...