Decoding Smart Contracts: From Creation to NFT Integration

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Transcript

1. Decoding Smart Contracts: From Creation to NFT Integration fassko www.kristaps.me
2. about me orienteering 🧭, gardening 🧑🌾 & cooking 👨🍳 👨💻 geek who loves 🛠 products developer at
3. Mr. Byte
4. Web3
5. NFTs rollup burning DeFi mining PoS PoW stablecoin airdrop cold wallet hot wallet DAO smart contracts bridge altcoin Merkle tree 51% attack Web3
6. What is ⛓ ?
7. ⛓ Decentralization Execution Transparency Immutability Consensus Validation
8. Deterministic adjective Believing that everything that happens must happen as it does and could not have happened any other way.
9. NFTs Unique Traceability Programmability Ownership
17. NFT A unique digital identi fi er Can’t be copied, substituted or divided Ownership is recorded in the blockchain
18. NFT concerns • Environment • Speculation and Ponzi schemes • Copyright • Liquidity
19. ERC-721 The standard for non-fungible tokens Launched 2017
20. Metadata Name Symbol Image JSON metadata Token Item
21. Mint and burn
22. Mint
23. Burn
24. Supply Owner of Token ID Balance of owner
25. Transfer Transfer from to Approve usage of Token ID
26. Smart Contracts trustless secure decentralized cost e ff ective self executing
28. Risks
29. Smart contracts can be hacked
30. ⛓ goes down
35. Blockchain ⛓ Immutable Transparency Security
36. Smart contracts Decentralized Autonomous Solidity language
37. – Do Your Own Research 🫡 DYOR
38. 🤨 & 🤔
39. fassko www.kristaps.me