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Mastering Blockchain Programming with Solidity

You're reading from   Mastering Blockchain Programming with Solidity Write production-ready smart contracts for Ethereum blockchain with Solidity

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Product type Paperback
Published in Aug 2019
Publisher Packt
ISBN-13 9781839218262
Length 486 pages
Edition 1st Edition
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Concepts
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Author (1):
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Jitendra Chittoda Jitendra Chittoda
Author Profile Icon Jitendra Chittoda
Jitendra Chittoda
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Table of Contents (21) Chapters Close

Preface 1. Section 1: Getting Started with Blockchain, Ethereum, and Solidity FREE CHAPTER
2. Introduction to Blockchain 3. Getting Started with Solidity 4. Control Structures and Contracts 5. Section 2: Deep Dive into Development Tools
6. Learning MetaMask and Remix 7. Using Ganache and the Truffle Framework 8. Taking Advantage of Code Quality Tools 9. Section 3: Mastering ERC Standards and Libraries
10. ERC20 Token Standard 11. ERC721 Non-Fungible Token Standard 12. Deep Dive into the OpenZeppelin Library 13. Using Multisig Wallets 14. Upgradable Contracts Using ZeppelinOS 15. Building Your Own Token 16. Section 4: Design Patterns and Best Practices
17. Solidity Design Patterns 18. Tips, Tricks, and Security Best Practices 19. Assessments 20. Other Books You May Enjoy

Summary

In this chapter, we looked into one of the most well-known and battle-tested multisig: the ConsenSys multisig wallet. We learned how multiple owners can control a multisig contract and send ETH from a contract to another account. We also looked into how you can allow a multisig to maintain ownership or the role of a target contract. Every transaction on a multisig needs to have multiple signatures in order to be executed, which improves the security of the contract or funds. There are a few other multisig wallets available, but, at the time of writing, the ConsenSys multisig wallet seems to be one of the safest.

We also understood that, along with the fund's safety, multisig wallets can also be used for maintaining ownership access rights. These improve the multi-level security of your funds and access controls. It is always recommended to use multisig wallets...

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