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Building Blockchain Projects

You're reading from   Building Blockchain Projects Building decentralized Blockchain applications with Ethereum and Solidity

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Product type Paperback
Published in Apr 2017
Publisher Packt
ISBN-13 9781787122147
Length 266 pages
Edition 1st Edition
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Author (1):
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Narayan Prusty Narayan Prusty
Author Profile Icon Narayan Prusty
Narayan Prusty
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Table of Contents (10) Chapters Close

Preface 1. Understanding Decentralized Applications FREE CHAPTER 2. Understanding How Ethereum Works 3. Writing Smart Contracts 4. Getting Started with web3.js 5. Building a Wallet Service 6. Building a Smart Contract Deployment Platform 7. Building a Betting App 8. Building Enterprise Level Smart Contracts 9. Building a Consortium Blockchain

Globally available variables


There are special variables and functions that always exist globally. They are discussed in the upcoming sections.

Block and transaction properties

The block and transaction properties are as follows:

  • block.blockhash(uint blockNumber) returns (bytes32): The hash of the given block only works for the 256 most recent blocks.
  • block.coinbase (address): The current block miner's address.
  • block.difficulty (uint): The current block difficulty.
  • block.gaslimit (uint): The current block gas limit. It defines the maximum amount of gas that all transactions in the whole block combined are allowed to consume. Its purpose is to keep the block propagation and processing time low, thereby allowing a sufficiently decentralized network. Miners have the right to set the gas limit for the current block to be within ~0.0975% (1/1,024) of the gas limit of the last block, so the resulting gas limit should be the median of miners' preferences.
  • block.number (uint): The current block number...
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