Building Dapps with React

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Decentralized apps (dApps) are continuing to gain momentum in the industry. These developers are also now some of the highest paid in the entire trade. Building decentralized apps is a paradigm shift that requires a different way of thinking than apps built with traditional centralized infrastructure, tooling, and services – taking into consideration things like game theory, decentralized serverless infrastructure, and cryptoeconomics. As a React developer, I initially had a hard time understanding this entirely new (to me) ecosystem, how everything fit together, and the mental model needed to understand and be a productive full stack developer in this space (and why I would consider it in the first place). In this talk, I'll give a comprehensive overview of the space, how you can get started building these types of applications, and the entire tech stack broken apart then put back together to show how everything works.

FAQ

A DApp, or decentralized app, is an application that operates on a decentralized network, avoiding a single point of control or failure. It uses blockchain technology to ensure transparency and security.

Web3 refers to a new paradigm for applications on the internet that are built on blockchain technology, enabling fully decentralized architectures. This supports the development of DApps, which are a key component of the Web3 ecosystem.

Smart contracts are self-executing contracts with the terms of the agreement directly written into code. They automatically enforce and execute the terms of agreements based on blockchain technology, facilitating, verifying, or enforcing the negotiation or performance of a contract.

Blockchain enables more direct transaction processes by eliminating intermediaries, reducing costs, and increasing transaction speed. This is particularly beneficial for international transfers and for populations without easy access to traditional banking services.

The Graph Protocol allows developers to build and publish open APIs, called subgraphs, which can perform queries over the blockchain data. This makes it easier to build decentralized applications with complex data requirements.

In Web3, identity management uses blockchain to establish a secure, immutable, and sovereign identity. Users control their own identity without relying on centralized authorities, often using cryptographic wallets to manage and sign transactions securely.

Ethereum is a primary platform for developing DApps. It provides a robust environment for deploying smart contracts that power these applications, making it a foundational technology in the Web3 landscape.

DApps have a wide range of use cases including financial services (DeFi), gaming (Play-to-Earn), digital art (NFTs), decentralized autonomous organizations (DAOs), and more, offering new business models and opportunities in various sectors.

Decentralization reduces the risk of data breaches and unauthorized access by distributing data across a network of nodes. This also enhances user privacy by reducing the ability of any single entity to access or control user information.

Nader Dabit
Nader Dabit
30 min
22 Oct, 2021

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Video Summary and Transcription

The Talk discusses building decentralized applications (DApps) with React and explores the benefits of smart contract technology. It highlights the characteristics and infrastructure of Web 3 applications, including decentralized indexing, off-chain data storage, and decentralized file storage. The Talk also covers identity in Web 3, with a focus on self-sovereign identity and the use of blockchain for identity verification. The process of building a DApp with React and Hard Hat is explained, along with deploying contracts and interacting with them. Overall, the Talk provides insights into the world of DApps and the technologies involved.

Available in Español: Construyendo Dapps con React

1. Introduction to Building DApps with React

Short description:

I'm really excited to be here and happy to be talking about something that I am extremely interested in. I want to share some of the ideas I've learned here with you and show you how to get up and running with a stack that might be brand new to you if you've never looked into the blockchain space. My talk is called Building DApps with React. We are going to be building a DApp. A decentralized app is an app that runs in the decentralized web. These decentralized applications bring use cases that we've never seen before.

Thank you for that amazing introduction. I'm really excited to be here in person in London. We had React advanced a couple of years ago. And, of course, it's been a while since we've had any in-person events. Here especially. But really, maybe in the last month or so we started seeing them come back. So I'm really excited to be here and happy to be talking about something that I am extremely interested in.

So, yeah, I hope you learned something here. So my name is Nader. I'm a developer relations engineer at Edge and Node. Edge and Node is a company that kind of falls into the blockchain, crypto, web three categories. And it was really only created back in February. So it's a really new startup. But during the last six months or so since I joined, coming from kind of a traditional background, I've learned a lot. And I want to kind of share some of the ideas I've learned here with you and hopefully make them as concise as possible and just show you how to get up and running with kind of a stack that might be brand new to you if you've never really looked into the blockchain space.

So my talk is called Building DApps with React. And we are going to be building a DApp. And DApp is an acronym for decentralized app. And a decentralized app is an app that kind of runs in the decentralized web. And when we talk about a lot of these terms that I'm gonna be speaking about in just a moment, you've probably heard a lot of hype recently around Web3, and decentralized apps, and decentralization, and crypto, and all this stuff. Well, as a developer, I've been speculating in crypto since like 2015 or so, just buying and selling tokens and stuff. But I never really looked at it as anything more than just a financial tool or something to kind of gamble on, essentially. I never really understood that people were building software with it. So I have been, I would say, writing code for like 10 years. So how could I have not really looked into this any further until maybe a few months ago? I really don't know. But once I started kind of diving into some of these platforms and protocols, I realized that what most of these teams are trying to do is build new ways for us to build applications to power the web. And the changes that are trying to be made happen or some of the things that are taking place are kind of a lot different than anything we've seen before. So often you hear people bucketing these ideas into something that people are calling web three, when in reality we're just kind of building out decentralized applications. But the applications that we're building again are so much different than the ones that we've done in the past. So they kind of bring use cases that we've really never seen before in the past.

2. Understanding Web 3 and Decentralized Applications

Short description:

Web 3 is the stack of protocols that enable applications to be fully decentralized, or they allow developers to build fully decentralized applications. It's kind of more of a spectrum that we're trying to get to. So, let's dive deeper into this, and then we're gonna start writing some code.

So I think it does make sense to kind of try to categorize these types of applications as something different. A lot of the objectives that people are going for are a lot different than some of the things that we've seen in the past. I think one of the main areas of concern that people have are around things like data harvesting and how social networks work today and how attention is a currency that is kind of used against users. And we have things like, you know, the surveillance essentially, kind of like when we're interacting with applications, they're tracking us and all this stuff. So how can we build out applications that allow developers to get paid, that allow companies to make money, but they take away some of these negative constraints? So Web 3 is kind of trying to accomplish that, you could think, you could say. And really, if you really want to boil it down to something extremely basic, you could kind of say that Web 3 is the stack of protocols that enable applications to be fully decentralized, or they allow developers to build fully decentralized applications. Now, when you hear about decentralized applications, it's kind of like, you know, the end goal. I don't think that everything can be built in this way or everything should be built in this way. It's kind of more of a spectrum that we're trying to get to. So, let's dive deeper into this, and then we're gonna start writing some code.

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