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Solidity Programming Essentials

You're reading from   Solidity Programming Essentials A beginner's guide to build smart contracts for Ethereum and blockchain

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Product type Paperback
Published in Apr 2018
Publisher Packt
ISBN-13 9781788831383
Length 222 pages
Edition 1st Edition
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Author (1):
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Ritesh Modi Ritesh Modi
Author Profile Icon Ritesh Modi
Ritesh Modi
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Toc

Table of Contents (12) Chapters Close

Preface 1. Introduction to Blockchain, Ethereum, and Smart Contracts FREE CHAPTER 2. Installing Ethereum and Solidity 3. Introducing Solidity 4. Global Variables and Functions 5. Expressions and Control Structures 6. Writing Smart Contracts 7. Functions, Modifiers, and Fallbacks 8. Exceptions, Events, and Logging 9. Truffle Basics and Unit Testing 10. Debugging Contracts 11. Other Books You May Enjoy

Ether

Ether is the currency of Ethereum. Every activity on Ethereum that modifies its state costs Ether as a fee, and miners who are successful in generating and writing a block in a chain are also rewarded Ether. Ether can easily be converted to dollars or other traditional currencies through cryptoexchanges.

Ethereum has a metric system of denominations used as units of Ether. The smallest denomination or base unit of Ether is called wei. The following is a list of the named denominations and their value in wei which is available at https://github.com/ethereum/web3.js/blob/0.15.0/lib/utils/utils.js#L40:

var unitMap = {
'wei' : '1'
'kwei': '1000',
'ada': '1000',
'femtoether': '1000',
'mwei': '1000000',
'babbage': '1000000',
'picoether': '1000000',
'gwei': '1000000000',
'shannon': '1000000000',
'nanoether': '1000000000',
'nano': '1000000000',
'szabo': '1000000000000',
'microether': '1000000000000',
'micro': '1000000000000',
'finney': '1000000000000000',
'milliether': '1000000000000000',
'milli': '1000000000000000',
'ether': '1000000000000000000',
'kether': '1000000000000000000000',
'grand': '1000000000000000000000',
'einstein': '1000000000000000000000',
'mether': '1000000000000000000000000',
'gether': '1000000000000000000000000000',
'tether': '1000000000000000000000000000000'
};
You have been reading a chapter from
Solidity Programming Essentials
Published in: Apr 2018
Publisher: Packt
ISBN-13: 9781788831383
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