Data
Reader small image

You're reading from  Building Blockchain Projects

Product typeBook
Published inApr 2017
Reading LevelBeginner
PublisherPackt
ISBN-139781787122147
Edition1st Edition
Languages
Solidity
Tools
Blockchain
Concepts
Cryptocurrency
Right arrow
Author (1)
Narayan Prusty
Narayan Prusty
author image
Narayan Prusty

Narayan Prusty is a full-stack developer. He works as a consultant for various start-ups around the world. He has worked on various technologies and programming languages but is very passionate about JavaScript, WordPress, Ethereum, Solr, React, Cordova, MongoDB, and AWS. Apart from consulting for various start-ups, he also runs a blog titled QNimate and a video tutorial site titled QScutter, where he shares information about a lot of the technologies he works on.
Read more about Narayan Prusty

Right arrow

Ethereum virtual machine

EVM (or Ethereum virtual machine) is the Ethereum smart contracts byte-code execution environment. Every node in the network runs EVM. All the nodes execute all the transactions that point to smart contracts using EVM, so every node does the same calculations and stores the same values. Transactions that only transfer ether also require some calculation, that is, to find out whether the address has a balance or not and deduct the balance accordingly.

Every node executes the transactions and stores the final state due to various reasons. For example, if there is a smart contract that stores the names and details of everyone attending a party, whenever a new person is added, a new transaction is broadcasted to the network. For any node in the network to display details of everyone attending the party, they simply need to read the final state of the contract.

Every transaction requires some computation and storage in the network. Therefore, there needs to be a transaction...

lock icon
The rest of the page is locked
Previous Page
Chapter 9 of 16, Page 12
Next Page
You have been reading a chapter from
Building Blockchain Projects
Published in: Apr 2017Publisher: PacktISBN-13: 9781787122147
© 2017 Packt Publishing Limited All Rights Reserved

Author (1)

author image
Narayan Prusty

Narayan Prusty is a full-stack developer. He works as a consultant for various start-ups around the world. He has worked on various technologies and programming languages but is very passionate about JavaScript, WordPress, Ethereum, Solr, React, Cordova, MongoDB, and AWS. Apart from consulting for various start-ups, he also runs a blog titled QNimate and a video tutorial site titled QScutter, where he shares information about a lot of the technologies he works on.
Read more about Narayan Prusty

Other recommended products

Related to this chapter

Blockchain for Enterprise

Blockchain for Enterprise

This book will help you build real-world decentralized blockchain applications highlighting the principles of peer-to-peer systems, smart contracts, interoperability, privacy and more. You will be aware of the process flow and the growing company needs so you can incorporate and scale them in your own enterprise

BookSep 2018220 pages
Truffle Quick Start Guide

Truffle Quick Start Guide

Truffle is a world class development environment, testing framework and asset pipeline for Ethereum, aiming to make life as an Ethereum developer easier. If you are a web developer wanting to try your hands at developing Dapps with Truffle then this is the ideal book. This book will teach you to write smart contracts and build Dapps with Truffle.

BookJun 2018170 pages
Ethereum Cookbook

Ethereum Cookbook

Ethereum is an open-source, public, Blockchain-based distributed computing platform, and operating system featuring smart contract functionality which builds decentralized applications. If you want to get started with Ethereum and Solidity or you are among the many developers already working with this platform, this book is your one-stop guide.

BookAug 2018404 pages
Solidity Programming Essentials

Solidity Programming Essentials

Solidity is a new contract-oriented programming language popular for creating smart contracts and distributed applications. Writing smart contracts targeting Ethereum and other blockchain platforms is an emerging skill. This book will enable you to write robust, secure, object-oriented contracts that extend blockchain with business functionality.

BookApr 2018222 pages
Ethereum Projects for Beginners

Ethereum Projects for Beginners

Ethereum enables the development of efficient, smart contracts that contain code. These smart contracts interact with other smart contracts to make decisions, store data, and send Ether to others. This book begins with an introduction to Ethereum and then a detailed step-by-step process required to building advanced Ethereum Projects.

BookJul 2018106 pages
Ripple Quick Start Guide

Ripple Quick Start Guide

Ripple uses blockchain technology to make international money transfer fast and efficient. Since it drastically reduces cost, it is widely accepted by financial institutions around the world. This book will help you with both theoretical and practical knowledge on how you can use the ripple technology. Since this book takes a hands-on approach, it stands out from other books which stick to theory.

BookDec 2018160 pages
Mastering Blockchain Programming with Solidity

Mastering Blockchain Programming with Solidity

With this book, you will learn to write production-ready smart contracts for the Ethereum blockchain. Finally, with the help of comprehensive examples, you will learn how to add security to smart contracts and then delve into the various security considerations that must be paid attention to.

BookAug 2019486 pages
Hands-On Blockchain Development in 7 Days

Hands-On Blockchain Development in 7 Days

This book will teach you to build an online gaming app using Ethereum. Each section will introduce you to blockchain programming concepts for creating an online game, followed by practical exercises that you can implement as independent assignments. You will acquire core blockchain app development skills and deploy your app to the internet.

BookFeb 2019216 pages
Introduction to Blockchain and Ethereum

Introduction to Blockchain and Ethereum

Blockchain applications provide a single-shared ledger to eliminate trust issues involving multiple stakeholders. With the help of Introduction to Blockchain and Ethereum, you'll learn how to create distributed Blockchain applications which do not depend on a central server or datacenter. The course begins by explaining Bitcoin, Altcoins, and Ethereum, followed by taking you through distributed programming using the Solidity language on the Ethereum Blockchain. By the end of this course, you'll be able to write, compile, and deploy your own smart contracts to the Ethereum Blockchain.

BookSep 2018102 pages
Hands-On Blockchain for Python Developers

Hands-On Blockchain for Python Developers

This book is for Python developers to implement various components of end-to-end decentralized applications such as cryptocurrencies, smart contracts, wallet and more. You will use the example-based approach using various libraries from Python ecosystem to build efficient and powerful blockchain applications at work or projects.

BookFeb 2019450 pages
Learn Ethereum

Learn Ethereum

Learn Ethereum is ideal for anyone who wants to do an ultra-learning on Ethereum blockchain technology and build end-to-end decentralized applications using smart contract and Ethereum. The hands-on examples will help novices master blockchain and Ethereum in a quick, effective and easy way.

BookSep 2019540 pages
Blockchain By Example

Blockchain By Example

This book covers all the relevant concepts and phases of the blockchain development cycle. It will walk you through a step-by-step process to build three blockchain projects with differing complexity levels and hurdles. By the end of this book, you will be ready to tackle common issues in the blockchain ecosystem.

BookNov 2018528 pages

Personalised recommendations for you

Based on your interests and search pattern

Et al.

Et al.

Ever wonder why speech recognition systems don't understand the Scottish accent, or what would happen if an astronaut only ate mac 'n' cheese, or other spurious reflections you'd have at a bar? We did, then collated those deliberations into absurd research articles with fake figures and methodologies inspired by even more fictionally absurd studies.

BookAug 2023230 pages5
Generative AI with LangChain

Generative AI with LangChain

This book is a comprehensive introduction to LLMs and LangChain, demystifying the basic mechanics of LangChain, its functionalities, and the myriad of applications it can be integrated into.

BookDec 2023360 pages4
Generative AI with LangChain

Generative AI with LangChain

This book is a comprehensive introduction to LLMs and LangChain, demystifying the basic mechanics of LangChain, its functionalities, and the myriad of applications it can be integrated into.

BookDec 2023360 pages5
Generative AI with LangChain

Generative AI with LangChain

This book is a comprehensive introduction to LLMs and LangChain, demystifying the basic mechanics of LangChain, its functionalities, and the myriad of applications it can be integrated into.

BookDec 2023360 pages1
Generative AI with LangChain

Generative AI with LangChain

This book is a comprehensive introduction to LLMs and LangChain, demystifying the basic mechanics of LangChain, its functionalities, and the myriad of applications it can be integrated into.

BookDec 2023360 pages5
Mastering Tableau 2023

Mastering Tableau 2023

This book is a comprehensive resource to mastering your Tableau skills and becoming a BI expert. As you progress, you will learn how to build advanced dashboards and improve your storytelling to derive key business insight, as well as make you well-versed with advanced functionalities of Tableau in the business intelligence domain.

BookAug 2023684 pages
Building AI Applications with ChatGPT APIs

Building AI Applications with ChatGPT APIs

This guide covers all ChatGPT API features for effortless creation of robust AI powered apps. With its help, you’ll be able to leverage ChatGPT’s cutting-edge NLP models to take your app development skills to the next level. You’ll also work on ten exciting projects that will give you the practical know-how that you can apply to your existing applications.

BookSep 2023258 pages5
Building AI Applications with ChatGPT APIs

Building AI Applications with ChatGPT APIs

This guide covers all ChatGPT API features for effortless creation of robust AI powered apps. With its help, you’ll be able to leverage ChatGPT’s cutting-edge NLP models to take your app development skills to the next level. You’ll also work on ten exciting projects that will give you the practical know-how that you can apply to your existing applications.

BookSep 2023258 pages2
Data Engineering with AWS

Data Engineering with AWS

Embark on a journey to master data engineering pipelines on AWS! Our book offers a hands-on experience of AWS services for ingesting, transforming, and consuming data. Whether you're an absolute beginner or someone with basic data engineering experience, this guide is an indispensable resource.

BookOct 2023636 pages5
Modern Data Architecture on AWS

Modern Data Architecture on AWS

Every organization wants an agile, performant, and cost-effective data platform that meets all their current and future business needs. Purpose-built AWS analytics services and their features play a big part in building such a modern data platform. This book brings to you all the design and architectural patterns that’ll help you achieve this goal.

BookAug 2023420 pages5
Practical Guide to Applied Conformal Prediction in Python

Practical Guide to Applied Conformal Prediction in Python

Discover the power of Conformal Prediction with the "Practical Guide to Applied Conformal Prediction in Python." Master the latest techniques to quantify uncertainty in machine learning and computer vision models, and seamlessly apply them to your industry applications.

BookDec 2023240 pages
TinyML Cookbook

TinyML Cookbook

With over 70 project-based recipes, the TinyML Cookbook is a practical guide that will help you to get the most out of your microcontrollers. It provides a comprehensive understanding of the theoretical foundations while giving you hands-on experience training ML models for deployment on Arduino Nano 33 BLE Sense, Raspberry Pi Pico, and SparkFun RedBoard Artemis Nano microcontrollers.

BookNov 2023664 pages