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Basics of Blockchain

lesson

Basics of BlockchainCreating an ERC20 Token on Ethereum

Before we dive into the Ethereum blockchain and start writing smart contracts, let's explore what a blockchain actually is. This chapter will jump into some of the fundamentals and give you a practical understanding of what blockchains are. This section will walk you through a coding exercise that will enable you to write a blockchain from scratch.

What's in This Book?

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What's in This Book?Creating an ERC20 Token on Ethereum

This section borrows code and code examples from throughout the internet to explain some of the key concepts of blockchain and Solidity development. The code has been commented on, explained, and updated as needed. Special thanks to these authors for helping the blockchain community more approachable through the code and blogs that they created - [StephenGrider](https://github.com/StephenGrider/EthereumCasts), [Savjee](https://www.savjee.be/2017/07/Writing-tiny-blockchain-in-JavaScript/), [Xavier Decuyper](https://www.codementor.io/@savjee/how-to-build-a-blockchain-with-javascript-part-1-k7d373dtk), and [Alibaba Cloud](https://www.alibabacloud.com/blog/build-your-own-blockchain-with-javascript_595314) - thank you for the inspiration!

What is Ethereum

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What is EthereumCreating an ERC20 Token on Ethereum

Proof of work (PoW) is a form of cryptographic zero-knowledge proof in which one party (the prover) proves to others (the verifiers) that a certain amount of computational effort has been expended for some purpose. Verifiers can subsequently confirm this expenditure with minimal effort on their part. [Source](https://en.wikipedia.org/wiki/Proof_of_work)

This Book's Mission

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This Book's MissionCreating an ERC20 Token on Ethereum

The Ethereum blockchain has been described as the driving force behind the next generation of the internet. The blockchain has built-in smart contract capabilities, a large developer community, and its own native cryptocurrency. In this section we will learn about how the book is structured and get you equipped with the tools you'll need to start writing your own blockchain and smart contracts.