Primer on Web3 and Distributed Systems

Abstract

This chapter is designed to help the readers build a solid foundation on Web3. The chapter is divided into three parts. The first part intends to build the conceptual foundation on Web3 – the primary qualities of Web3. The second part covers how Web3 fits into long-term technical and business evolutions. The third part delves into the core technology that enables Web3. This part is further divided into six parts – distributed systems, blockchains, smart contracts and tokens, blockchain economics, Ethereum, and Ethereum virtual machine.