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Hands-On Blockchain for Python Developers

You're reading from   Hands-On Blockchain for Python Developers Gain blockchain programming skills to build decentralized applications using Python

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Product type Paperback
Published in Feb 2019
Publisher Packt
ISBN-13 9781788627856
Length 450 pages
Edition 1st Edition
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Author (1):
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Arjuna Sky Kok Arjuna Sky Kok
Author Profile Icon Arjuna Sky Kok
Arjuna Sky Kok
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Table of Contents (19) Chapters Close

Preface 1. Section 1: Blockchain and Smart Contracts FREE CHAPTER
2. Introduction to Blockchain Programming 3. Smart Contract Fundamentals 4. Implementing Smart Contracts Using Vyper 5. Section 2: Web3 and Populus
6. Interacting with Smart Contracts Using Web3 7. Populus Development Framework 8. Building a Practical Decentralized Application 9. Section 3: Frontend Decentralized Applications
10. Frontend Decentralized Application 11. Section 4: Cryptocurrency and Wallets
12. Creating Token in Ethereum 13. Cryptocurrency Wallet 14. Section 5: Decentralized Filesystem
15. InterPlanetary - A Brave New File System 16. Using ipfsapi to Interact with IPFS 17. Implementing a Decentralized Application Using IPFS 18. Other Books You May Enjoy

Stable coin

You have created a digital token that can be sold autonomously. However, you should not restrict yourself to the generic token. You could be more creative in your token smart contract by adding more methods to spice up your smart contract. What methods you should add are dependent on your smart contract's purpose. The token smart contract that is used in a game as currency will have different methods to the token smart contract that is used in a supply chain tracking system.

Let's create a stable coin smart contract. This is a token smart contract that is pegged to fiat money, such as the US dollar. We also want this smart contract to be a bank where we, as an owner, can freeze an account.

We can base our work on an ERC 20 token smart contract. We just need to add three methods—a method to freeze an account, a method to add some coins, and a method...

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