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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

Transactions and messages

A transaction in Ethereum is a digitally signed (using a private key) data packet that contains the instructions that, when completed, either result in a message call or contract creation. Transactions are constructed by an actor external to the Ethereum blockchain or some external software tool. Smart contracts cannot send a transaction.

Initially, in Ethereum, there were simple transactions, message call transactions, and contract creation transactions. Later, as the system evolved, a need was felt to introduce more types and also to make it easier to introduce new features and future transaction types and be able to distinguish different types of transactions. New features such as access lists and EIP-1559 have been introduced while remaining compatible with legacy transactions. Further innovation resulted in the introduction of typed transactions, which were introduced in EIP-2718. They define a new transaction type, which is an envelope for future...

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