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Mastering Blockchain, Fourth Edition

You're reading from   Mastering Blockchain, Fourth Edition Inner workings of blockchain, from cryptography and decentralized identities, to DeFi, NFTs and Web3

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Product type Paperback
Published in Mar 2023
Publisher Packt
ISBN-13 9781803241067
Length 818 pages
Edition 4th Edition
Languages
Concepts
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Author (1):
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Imran Bashir Imran Bashir
Author Profile Icon Imran Bashir
Imran Bashir
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Table of Contents (24) Chapters Close

Preface 1. Blockchain 101 FREE CHAPTER 2. Decentralization 3. Symmetric Cryptography 4. Asymmetric Cryptography 5. Consensus Algorithms 6. Bitcoin Architecture 7. Bitcoin in Practice 8. Smart Contracts 9. Ethereum Architecture 10. Ethereum in Practice 11. Tools, Languages, and Frameworks for Ethereum Developers 12. Web3 Development Using Ethereum 13. The Merge and Beyond 14. Hyperledger 15. Tokenization 16. Enterprise Blockchain 17. Scalability 18. Blockchain Privacy 19. Blockchain Security 20. Decentralized Identity 21. Decentralized Finance 22. Blockchain Applications and What’s Next 23. Index

Precompiled smart contracts

We discussed smart contracts at length in Chapter 8, Smart Contracts. It is sufficient to say here that Ethereum supports the development of smart contracts that run on the EVM. There are also various contracts that are available in precompiled format in the Ethereum blockchain to support different functions. These contracts, known as precompiled contracts or native contracts, are described in the following subsection.

These are not strictly smart contracts in the sense of user-programmed Solidity smart contracts but are in fact functions that are available natively to support various computationally intensive tasks. They run on the local node and are coded within the Ethereum client; for example, Parity or Geth.

There are nine precompiled contracts or native contracts in the Ethereum Istanbul release. The following subsections outline these contracts and their details.

  • The elliptic curve public key recovery function: ECDSARECOVER (the...
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