Web3 Developer – Basics

Terminologies

Web3/ Web 3.0: The Internet is built upon the core concepts of decentralization, openness, and greater user utility. Read
Blockchain: This is a digitally distributed, decentralized, public ledger that exists across a network.
Mainnet: A production blockchain, tokens can only be exchanged/purchased.
Testnet: A staging/testing blockchain. Tokens on this chain are available for free.
Contract/Smart Contract: A program that runs on the Ethereum blockchain.
Solidity: A language designed to create Ethereum Smart Contracts. Docs
Wallet: Consumer Definition https://ethereum.org/en/wallets/ | Techincal Version https://cryptobook.nakov.com/symmetric-key-ciphers/ethereum-wallet-encryption
Block Explorer: A website where you can view blockchain transactions on the web. Ethereum Mainnet Block Explorer https://etherscan.io/
Faucet: An app or website that distributes crypto in lieu of completing a task. Free crypto 😉

Setup & Learn

Noteworthy

OpenZepplin is the go-to library for secure smart contract development.
https://github.com/OpenZeppelin/openzeppelin-contracts

Token Standards:
ERC20: Coins like Dogecoin, and USDC follow this standard. https://ethereum.org/en/developers/docs/standards/tokens/erc-20/
ERC721: NFTs. Period. https://ethereum.org/en/developers/docs/standards/tokens/erc-721/

You will find the base token standard code in the OpenZepplin library and much more as you start reading the contracts. Spend as much time as you can writing new contracts and reading various standards and contracts.
https://github.com/OpenZeppelin/openzeppelin-contracts/blob/master/contracts/token/ERC20/ERC20.sol


As a practice, start bookmarking whatever trustworthy links you find and have done your research, the Internet is a dark and untrustworthy place, you have to start relying more on the blue star in your browser to ensure you are on the right website. Scammers do usually run google ads on popular web3 products/websites and one misclick and you can compromise all of your security.

Stay Safe
Join Zo World Discord Server to join Most Exclusive Travel Club on Web3 and connect with other Crypto Enthusiasts.

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