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Decoding Smart Contracts: From Creation to NFT Integration fassko www.kristaps.me
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about me orienteering π§, gardening π§πΎ & cooking π¨π³ π¨π» geek who loves π products developer at
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Mr. Byte
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Web3
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NFTs rollup burning DeFi mining PoS PoW stablecoin airdrop cold wallet hot wallet DAO smart contracts bridge altcoin Merkle tree 51% attack Web3
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What is β ?
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β Decentralization Execution Transparency Immutability Consensus Validation
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Deterministic adjective Believing that everything that happens must happen as it does and could not have happened any other way.
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NFTs Unique Traceability Programmability Ownership
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NFT A unique digital identi fi er Canβt be copied, substituted or divided Ownership is recorded in the blockchain
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NFT concerns β’ Environment β’ Speculation and Ponzi schemes β’ Copyright β’ Liquidity
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ERC-721 The standard for non-fungible tokens Launched 2017
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Metadata Name Symbol Image JSON metadata Token Item
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Mint and burn
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Mint
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Burn
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Supply Owner of Token ID Balance of owner
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Transfer Transfer from to Approve usage of Token ID
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Smart Contracts trustless secure decentralized cost e ff ective self executing
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Risks
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Smart contracts can be hacked
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β goes down
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Blockchain β Immutable Transparency Security
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Smart contracts Decentralized Autonomous Solidity language
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β Do Your Own Research π«‘ DYOR
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π€¨ & π€
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fassko www.kristaps.me