Transition to Web3 - Course 3 | How Smart Contracts Work
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Description
The central theme of this course is Vitalik’s idea of a decentralized computer system, achieved by deploying software programs, called “smart contracts,” into blocks and executing them during the mining process. You’ll learn the logic of smart contracts by playing with fun demos. You’ll also gain insights into the broader advantages and limitations of decentralization and smart contract technology.
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Lessons
1 Section
A decentralized computer system
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Adding code into blocks
Adding code into blocks - Demo
Triggering smart contracts
Triggering smart contracts - Demo
Trigger transactions are added to the next block
Trigger transactions are added to the next block - Demo
Miners execute the code when mining
Miners execute the code when mining - Demo
Virtual machines run the code
What does it cost to run smart contracts?
Transaction fees - Demo
What happens when the code is executed?
1️⃣ Smart contracts creating a new transaction - Demo
2️⃣ Smart contracts updating the state - Demo
Recap
Big picture: advantages of decentralization
Big picture: what is possible with smart contracts?
Big picture: limitations of smart contracts
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FAQ
Rise In is a leading platform offering top-tier education and career opportunities in Web3 technologies and blockchain. Our goal is to provide talent with the necessary knowledge and skills to succeed in the web3 world for free.
Rise In provides a range of Web3 education options, including free courses, bootcamps, and a dynamic community. We connect learners, professionals, and mentors to foster engagement through discussions, networking groups, and events centered around blockchain and decentralized technologies.
Yep :) Our programs are entirely free, thanks to our partnerships with leading blockchain protocols and ecosystems. They all need amazing talent like yourself to build new products in web3, so it’s a win-win for everyone!
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After you’ve registered on the Rise In platform, navigate to the Learn page, select the Web3 course you’re interested in, and click the “Start” button. It’s a seamless process that gets you learning in no time!
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intermediate
20 lessons
Earn certificate
4.81 score