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You're reading from  The Essential Guide to Web3

Product typeBook
Published inNov 2023
PublisherPackt
ISBN-139781801813471
Edition1st Edition
Concepts
Blockchain
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Author (1)
Vijay Krishnan
Vijay Krishnan
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Vijay Krishnan

Vijay Krishnan, an experienced expert in blockchain and Web3, holds the position of head of SysOps for Linea, a Layer 2 blockchain at Consensys. With a rich background in blockchain, he's guided Fortune 100 companies from ideation to product build. With over 50 projects and 300+ use cases to his credit, Vijay has left an indelible mark on the industry. Prior to Consensys, he pioneered the AWS Partner Blockchain ecosystem and led IBM North America's Blockchain Practice. With two decades on Wall Street, he possesses deep financial and tech insights. Vijay, a leader and subject matter expert, empowers clients in DeFi, NFTs, gaming, and the metaverse. Beyond work, he's a mentor, speaker, author, and organic farmer. His knowledge and innovation continue to shape the blockchain and Web3 landscape.
Read more about Vijay Krishnan

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Summary

In summary, Ethereum is currently the second-largest blockchain network by market capitalization. It has been growing rapidly in recent years, with an increasing number of dApps and DeFi platforms being built on top of it. Ethereum moved to a PoS consensus algorithm called Ethereum 2.0. The network has also seen significant growth in the DeFi space and the NFT market.

In this chapter, we delved deeply into the EVM to unravel the inner workings of smart contract execution on the Ethereum network. As you embarked on this journey, you gained a profound understanding of the EVM’s architecture and its pivotal role in powering the decentralized world of Ethereum.

We uncovered the complexities of the EVM’s components, starting with the execution environment. Here, we discovered how the EVM provides a secure sanctuary for smart contracts, housing crucial elements such as code, data storage, and the execution state. With this foundation, we also saw the EVM’...

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The Essential Guide to Web3
Published in: Nov 2023Publisher: PacktISBN-13: 9781801813471
© 2023 Packt Publishing Limited All Rights Reserved

Author (1)

author image
Vijay Krishnan

Vijay Krishnan, an experienced expert in blockchain and Web3, holds the position of head of SysOps for Linea, a Layer 2 blockchain at Consensys. With a rich background in blockchain, he's guided Fortune 100 companies from ideation to product build. With over 50 projects and 300+ use cases to his credit, Vijay has left an indelible mark on the industry. Prior to Consensys, he pioneered the AWS Partner Blockchain ecosystem and led IBM North America's Blockchain Practice. With two decades on Wall Street, he possesses deep financial and tech insights. Vijay, a leader and subject matter expert, empowers clients in DeFi, NFTs, gaming, and the metaverse. Beyond work, he's a mentor, speaker, author, and organic farmer. His knowledge and innovation continue to shape the blockchain and Web3 landscape.
Read more about Vijay Krishnan

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