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Ethereum blockchain development using Web3.js

Blog post from LogRocket

Post Details
Company
Date Published
Author
Akash Mittal
Word Count
5,833
Language
-
Hacker News Points
-
Summary

Blockchain technology, renowned for its decentralized and immutable nature, underpins the world of cryptocurrencies and enables secure digital payments. The text delves into the fundamentals of blockchain, contrasting decentralized blockchain networks with traditional client-server models, and explains how Ethereum, a prominent blockchain platform, facilitates smart contracts using its native Ether cryptocurrency. It introduces Web3.js, a JavaScript library that interacts with Ethereum nodes, allowing developers to build decentralized applications (DApps) by connecting to Ethereum's network through services like Infura or local setups like Ganache. The tutorial covers key aspects such as accessing blockchain data, handling accounts and transactions, and working with smart contracts and tokens, particularly emphasizing the ERC-20 protocol for token creation. Additionally, the text touches on the role of Etherscan as a blockchain explorer and the importance of understanding Ether units for transactions. Concluding with insights into the expansive potential of blockchain and DApp development, it encourages further exploration into tools like Solidity and MetaMask for creating decentralized finance (DeFi) applications.