By StepUpwards Team, 27th June 2022
Blockchain is anticipated to transform many industries soon.
Blockchain is a system that stores and records data or information in such a way that makes it difficult or nearly impossible to alter the chain of data cluster. Well, Blockchain is like a decentralized data storage system.
Nowadays, there is increasing hype around Blockchain and that is the reason you are here to explore it. In the past, there have been many failed attempts to create digital currencies. The main concern was the lack of trust and the security issues, but now with blockchain technology, you can see emerging and demanding digital currencies like Bitcoin.
When it comes to Blockchain, nobody is in charge. It is run by its users. Blockchain can be used for currency, voting in elections, for NFT's, etc.
Metamask is a Chrome web browser extension that allows users to store and manage account keys, broadcast transactions, send and receive Ethereum-based crypto and tokens, and securely connect to decentralized applications right from your browser. MetaMask is a great beginner wallet for someone who is only interested in Ethereum because it is very easy to use, and interacts with different Ethereum test networks.
Geth (Go Ethereum) is a node implementation built using the Go programming language. It is one of the most common Blockchain developer tools. It can be used in three different interfaces: command line, interactive console, and JSON-RPC server. Geth is used for different tasks on the Ethereum blockchain such as mining ether tokens, creating ether, writing smart contacts, transferring tokens, and exploring block history.
Truffle is an Ethereum blockchain framework to provide an environment for developing Ethereum-based decentralized apps, it comes with a library of custom deployments for writing smart contracts and other aspects of blockchain development. Truffle’s testing framework can run automated tests of contracts using Chai and Mocha, and also allows smart contract development that includes linking to compilation and deployment. Truffle suites handle lifecycle management of smart contracts, contract testing, scriptable migrations and deployment, and network management.
Smart contracts cannot be edited once they go live on Ethereum so the developer needs to test it carefully, hence Ganache is used. Ganache is a part of the Truffle suite and can be used to create a private Ethereum blockchain to test dApps. The best thing about Ganache is that it allows us to take full control of the test blockchain we create with tools like the block explorer, advanced mining controls, and blockchain log.
Remix IDE is an open-source application. It is a browser-based Blockchain tool for development that employs plugin architecture. Remix can be used for writing, testing, and debugging code written in Solidity and it supports both usage in the browser and locally. Metamask can used to connect Remix to the Ethereum blockchain.
It is not so convenientt and practical for small companies and entrepreneurs to implement a full end-to-end blockchain solution. Operational overheads and technical complexities come with blockchain implementation. Here comes BaaS. BaaS is a model that functions similar to a SaaS model. It is a cloud service model in which developers outsource all the back-end components of an application to focus on the frontend. So you can use your custom-made Blockchain apps, smart contracts, and functions on the Blockchain with having third parties responsible for ensuring agility and optimal performance. Today, there are many BaaS service providers such as Microsoft, Amazon (AWS Amplify), and SAP, to name a few.
The above mentioned tools are a few of the popular Blockchain tools among developers and these tools not only simplify the process of Blockchain development but also help to strengthen your knowledge of the domain. Hopefully this will help you select the appropriate technology stack for your organization.