October 2024
Intermediate to advanced
752 pages
24h 10m
English
Content preview from Blockchain, Crypto and DeFi
Become an O’Reilly member and get unlimited access to this title plus top books and audiobooks from O’Reilly and nearly 200 top publishers, thousands of courses curated by job role, 150+ live events each month,
O’Reilly covers everything we've got, with content to help us build a world-class technology community, upgrade the capabilities and competencies of our teams, and improve overall team performance as well as their engagement.I wanted to learn C and C++, but it didn't click for me until I picked up an O'Reilly book. When I went on the O’Reilly platform, I was astonished to find all the books there, plus live events and sandboxes so you could play around with the technology.I’ve been on the O’Reilly platform for more than eight years. I use a couple of learning platforms, but I'm on O'Reilly more than anybody else. When you're there, you start learning. I'm never disappointed.I'm always learning. So when I got on to O'Reilly, I was like a kid in a candy store. There are playlists. There are answers. There's on-demand training. It's worth its weight in gold, in terms of what it allows me to do.
Chapter 2Ethereum: The “Windows” to the Blockchain Universe—Now Loading Smart Contracts and Oracle Magic
Preface
Ethereum and Bitcoin are like the A-list celebrities of the crypto world. Bitcoin is the OG, the granddaddy of all cryptocurrencies. It’s like that classic rock band that paved the way for everyone else. It’s a bit old-school, sticking to its roots, which is basically a fancy way of saying it doesn’t do much more than just sit there and be valuable. Bitcoin is like the strong, silent type at a party—doesn’t talk much, just stands in the corner looking cool, and gets asked to take a selfie with everyone.
Ethereum, on the other hand, is the life of the party. It’s the guy who’s got all the gadgets, can juggle, do card tricks, and somehow knows everyone’s name. Ethereum took the blockchain concept and said, “What if we put a whole app store on this thing?” It’s not just about digital gold; it’s about smart contracts, decentralized applications (dApps), and a whole lot of other things that Bitcoin never signed up for. So, if Bitcoin is the Mona Lisa, Ethereum is like the Louvre—a place where you find everything from ancient sculptures to modern art.
Ethereum is always evolving, like a software update that actually works. Ethereum’s move from proof of work (PoW) to proof of stake (PoS) is like trading in a diesel-powered monster truck for a Tesla: still plenty of power but now with less noise and environmental impact. It’s about as dramatic as moving from a bustling ...
Become an O’Reilly member and get unlimited access to this title plus top books and audiobooks from O’Reilly and nearly 200 top publishers, thousands of courses curated by job role, 150+ live events each month,
and much more.
Read now
Unlock full access
More than 5,000 organizations count on O’Reilly
O’Reilly covers everything we've got, with content to help us build a world-class technology community, upgrade the capabilities and competencies of our teams, and improve overall team performance as well as their engagement.Julian F.
I wanted to learn C and C++, but it didn't click for me until I picked up an O'Reilly book. When I went on the O’Reilly platform, I was astonished to find all the books there, plus live events and sandboxes so you could play around with the technology.Addison B.
I’ve been on the O’Reilly platform for more than eight years. I use a couple of learning platforms, but I'm on O'Reilly more than anybody else. When you're there, you start learning. I'm never disappointed.Amir M.
I'm always learning. So when I got on to O'Reilly, I was like a kid in a candy store. There are playlists. There are answers. There's on-demand training. It's worth its weight in gold, in terms of what it allows me to do.