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The Blockchain Developer: A Practical Guide for Designing, Implementing, Publishing, Testing, and Securing Distributed Blockchain-based Projects

Name: The Blockchain Developer: A Practical Guide for Designing, Implementing, Publishing, Testing, and Securing Distributed Blockchain-based Projects
Author: Elad Elrom
ISBN: 9781484248478

by Elad Elrom

July 2019

Intermediate to advanced

527 pages

9h 16m

English

Apress

Content preview from The Blockchain Developer: A Practical Guide for Designing, Implementing, Publishing, Testing, and Securing Distributed Blockchain-based Projects

Elad ElromThe Blockchain Developerhttps://doi.org/10.1007/978-1-4842-4847-8_5

5. Ethereum Wallets and Smart Contracts

Elad Elrom¹

(1)

New York, NY, USA

In Chapter 1, I introduced Ethereum when I covered bitcoin, altcoins, and different consensus mechanisms. Specifically, I covered Ethereum’s PoW consensus and how utilizing Ethereum enables developers to create their own smart contracts and tokens. I mentioned that the Ethereum tokens can be generated as Ethereum requests for comment (ERCs) such as ERC-20, ERC-223, or ERC-777. In Chapter 3, you created your own blockchain, and I covered bitcoin wallets and transactions.

In this chapter, I will be expanding on Ethereum in more detail. Ethereum allows you to create code (smart contracts ...

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