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Ethereum Smart Contract Development

You're reading from   Ethereum Smart Contract Development Build blockchain-based decentralized applications using solidity

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Product type Paperback
Published in Feb 2018
Publisher Packt
ISBN-13 9781788473040
Length 288 pages
Edition 1st Edition
Languages
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Author (1):
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Mayukh Mukhopadhyay Mayukh Mukhopadhyay
Author Profile Icon Mayukh Mukhopadhyay
Mayukh Mukhopadhyay
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Table of Contents (13) Chapters Close

Preface 1. Blockchain Basics FREE CHAPTER 2. Grokking Ethereum 3. Hello World of Smart Contracts 4. A Noob's Guide to DApps and DAO 5. Deep-Diving into Smart Contracts 6. Solidity in Depth 7. Primer on Web3.js 8. Developing a Cryptocurrency from Scratch 9. Enterprise Use Cases 10. BaaS and the Dark Web Market 11. Advanced Topics and the Road Ahead 12. Other Books You May Enjoy

Turing completeness and the magic sauce

As we discussed in the previous section, Ethereum is a platform for decentralized applications. That means that we can write programs that can execute in a decentralized manner, where there is no central server or central entity that is going to execute our programs. The programs are going to be executed on many different computers, and this means that there is no way to take down such a decentralized application. In order to write such applications, we need to develop smart contracts, and smart contracts are written in a programming language called solidity. So, on the Ethereum blockchain, if you want to write a smart contract you need to learn solidity. Solidity is Turing complete. So, what does that mean? To understand this, we need to go back 60 or 70 years.

During that time, people had different calculation machines. The problem was...

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