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These are the user uploaded subtitles that are being translated: 1 00:00:00,420 --> 00:00:00,810 All right. 2 00:00:00,810 --> 00:00:07,440 Now that we have our first smart contract in remix, I think it's time to actually talk about how smart 3 00:00:07,440 --> 00:00:11,420 contracts are working a little bit more under the hood. 4 00:00:11,430 --> 00:00:13,860 So you have the theory side as well. 5 00:00:14,040 --> 00:00:17,170 Now, in general, what is a smart contract? 6 00:00:17,190 --> 00:00:23,910 The term itself was coined by a computer scientist named Nick Szabo already in 1994. 7 00:00:23,910 --> 00:00:27,990 So it's not particularly new what smart contracts are. 8 00:00:28,020 --> 00:00:34,470 They are a piece of code that is running on the blockchain, and the blockchain itself is like a state 9 00:00:34,470 --> 00:00:41,910 machine, so it needs a transaction to change from one state to the other and it can do some logic operations. 10 00:00:41,910 --> 00:00:44,610 So that is basically how that thing works. 11 00:00:44,610 --> 00:00:51,510 And the state change happens through mining and the mining is going to take the transactions to the 12 00:00:51,630 --> 00:00:56,040 transaction pool and then changing the state on the blockchain. 13 00:00:56,250 --> 00:01:03,510 Now the Ethereum blockchain is a Turing complete blockchain, so that means in theory it can solve any 14 00:01:03,510 --> 00:01:05,069 computational problem. 15 00:01:05,069 --> 00:01:11,760 And it's just a theory because it's very limited by the computational power that it has. 16 00:01:12,120 --> 00:01:13,320 You will see it later. 17 00:01:13,890 --> 00:01:17,160 It's calculated in the gas amount. 18 00:01:17,160 --> 00:01:22,800 So if you need a certain amount of gas, which is getting too much, you cannot in practice solve any 19 00:01:22,800 --> 00:01:23,820 computational problem. 20 00:01:23,820 --> 00:01:25,050 But in theory you can. 21 00:01:25,050 --> 00:01:31,500 So in theory you have all the functions and all the logic there to solve anything that needs to be solved. 22 00:01:31,800 --> 00:01:36,150 Now there are a couple of programming languages for 23 00:01:38,190 --> 00:01:43,560 Ethereum virtual machines, and the most popular one is solidity. 24 00:01:43,560 --> 00:01:52,710 But there is also Viper, which came from Vitalik, wanting a new language that is more secure and a 25 00:01:52,710 --> 00:01:55,590 little bit also more for academic purposes. 26 00:01:55,590 --> 00:02:01,350 Then there was a L, which I think looks a little bit like Python, but it's, it's, there is no development 27 00:02:01,350 --> 00:02:02,460 for these languages anymore. 28 00:02:02,460 --> 00:02:08,759 And then there was bamboo and there were a lot of other languages that basically compile the source 29 00:02:08,759 --> 00:02:12,420 code into IBM bytecode and that is what is run on the blockchain. 30 00:02:12,420 --> 00:02:19,200 So the IBM byte code is actually the kind of code that the Ethereum blockchain nodes are executing. 31 00:02:19,200 --> 00:02:28,650 And then there is high level languages, very much like C, C++, what do we have go and so on. 32 00:02:28,650 --> 00:02:36,810 So those languages, you can write them in a specific syntax and you have specific language features 33 00:02:36,810 --> 00:02:41,550 and then they compile down to the actual byte code or assembly code for the EVM. 34 00:02:41,550 --> 00:02:46,170 And this stays constant and the language features change. 35 00:02:46,920 --> 00:02:51,030 Actually, the EVM also doesn't doesn't stay constant because there are hard forks, but more on that 36 00:02:51,030 --> 00:02:51,480 later. 37 00:02:51,690 --> 00:02:53,100 So how about solidity? 38 00:02:53,100 --> 00:02:57,450 I mean, that's by far the most popular language and this course is also building upon it. 39 00:02:57,450 --> 00:03:01,950 We are doing a lot in solidity and we are trying to touch on every kind of topic that solidity has to 40 00:03:01,950 --> 00:03:04,860 offer in the projects that we are doing. 41 00:03:04,920 --> 00:03:12,900 It is very often compared to JavaScript and actually it's compared to a script and it's like. 42 00:03:13,500 --> 00:03:21,310 Every high language code is then compelled to bytecode, and that is very important to understand. 43 00:03:21,330 --> 00:03:27,870 And in the Ethereum network, every node then executes the same code. 44 00:03:27,870 --> 00:03:31,830 So you're going to write your solidity smart contracts in. 45 00:03:32,100 --> 00:03:34,560 So it's going to be compiled to even bytecode. 46 00:03:34,560 --> 00:03:39,990 Then you send the transaction with that byte code to the blockchain and then every node in the network 47 00:03:39,990 --> 00:03:45,750 is going to execute the same code because every node has a copy of the whole chain. 48 00:03:45,750 --> 00:03:52,050 It's very important to understand that it is not like you're going to send your code to the data center 49 00:03:52,050 --> 00:03:54,780 and then there is it's a machine that is going to execute the code. 50 00:03:54,810 --> 00:04:01,410 It is you send the code to the network and then the network itself takes care of distributing your transactions 51 00:04:01,410 --> 00:04:03,540 across all the nodes to the running in the network. 52 00:04:03,540 --> 00:04:06,210 And then those are executing the same code again. 53 00:04:06,960 --> 00:04:12,360 Now, as I said before, there are other languages I will serve them that is similar to Python at least 54 00:04:12,360 --> 00:04:13,410 like Lisp. 55 00:04:13,560 --> 00:04:17,579 This was mute then and now there is Viper and in between they also had bamboo. 56 00:04:17,579 --> 00:04:23,340 But I still recommend staying in solidity because it's really by far the most famous language that is 57 00:04:23,340 --> 00:04:25,920 out there for smart contract development. 58 00:04:25,950 --> 00:04:29,520 Now, how does a solidity smart contract actually look like? 59 00:04:29,520 --> 00:04:36,660 And it's very tiny here, but I want to touch on a couple of features that these the language has that 60 00:04:36,660 --> 00:04:43,410 are probably very familiar to some of you who are coming from a language like Java or like C-sharp or 61 00:04:43,410 --> 00:04:44,490 like C++. 62 00:04:44,790 --> 00:04:51,240 So there is a class like structure and those classes are well the keyword for the classes are contract 63 00:04:51,240 --> 00:04:58,770 and they contain functions and the functions can contain control structures like if else there is loops 64 00:04:58,770 --> 00:05:03,210 for and while loops there's different data types, it's a statically type language. 65 00:05:03,210 --> 00:05:09,630 So you have to give it for every variable that you define, you have to tell it which kind of data type 66 00:05:09,630 --> 00:05:10,290 is that? 67 00:05:10,290 --> 00:05:16,110 There is unsigned integers, integers, booleans array, struct, states, mappings, which a little 68 00:05:16,110 --> 00:05:17,310 bit look like hash maps. 69 00:05:17,310 --> 00:05:22,470 There is a special data type called address that is, I think, not available in any other language 70 00:05:22,470 --> 00:05:23,730 that I've ever seen. 71 00:05:23,730 --> 00:05:26,730 And be careful, there are no floats. 72 00:05:26,730 --> 00:05:35,250 So if you want to have some sort of decimal points, you have to make a large enough integer to take 73 00:05:35,250 --> 00:05:37,770 care of the decimal places. 74 00:05:37,770 --> 00:05:38,970 And more on that also later. 75 00:05:38,970 --> 00:05:42,450 When we do our first coin, there is inheritance. 76 00:05:42,450 --> 00:05:51,090 So you can have contracts, extending other contracts, there is special structures like modifiers that 77 00:05:51,180 --> 00:05:56,130 yeah, a little bit like go to statements in basic and then there is also import. 78 00:05:56,130 --> 00:06:01,560 So you can finally fine grained structure your smart contract files and then just import whatever you 79 00:06:01,560 --> 00:06:01,860 need. 80 00:06:01,890 --> 00:06:03,480 You will also see that later on. 81 00:06:03,840 --> 00:06:13,170 Now as dee dee dee lay out more, more at the beginning, what you saw now is that one what we did in 82 00:06:13,170 --> 00:06:19,680 the previous lectures with an SPD license identifier, that one identifies the license of that file. 83 00:06:19,680 --> 00:06:22,830 It doesn't identify the license of the project that is running under. 84 00:06:22,830 --> 00:06:31,770 So make no mistake, it's not that because the neft is sees 721 token file is a license as MIT that 85 00:06:32,250 --> 00:06:33,860 the NFT is licenses MIT. 86 00:06:33,870 --> 00:06:35,010 It's about the source code. 87 00:06:35,010 --> 00:06:39,840 So this one depicts the license of the source code as far as I know. 88 00:06:40,890 --> 00:06:47,220 Then there is a line, the line is a pre compiler line that tells the pre compiler to select the rights. 89 00:06:47,220 --> 00:06:52,860 So really the compiler for that file or at least it tells it like this file is written for this compiler 90 00:06:52,860 --> 00:06:57,780 version and that is in a similar style semantic versioning. 91 00:06:58,260 --> 00:07:01,770 So in this case it is clearly zero 814. 92 00:07:01,770 --> 00:07:03,840 So it's locked into a specific version. 93 00:07:03,840 --> 00:07:09,930 And if there was a carrot in the front, then it would mean zero 814 or larger, but not more than zero 94 00:07:09,930 --> 00:07:12,720 nine, excluding zero nine. 95 00:07:12,720 --> 00:07:19,230 Or you can also use the the greater sign, smaller sign, greater equal sign and so on. 96 00:07:19,230 --> 00:07:25,830 So you can use those to, to tell the compiler or the, the environment that you're in, the compiler, 97 00:07:26,400 --> 00:07:29,670 what kind of compiler version is that file written for? 98 00:07:29,670 --> 00:07:36,360 And the reason is that you want to lock in specific compiler version because sometimes the compilers 99 00:07:36,360 --> 00:07:44,360 change and they have a different meaning for the same for the same language features. 100 00:07:44,370 --> 00:07:45,870 Now let me give you an example. 101 00:07:45,870 --> 00:07:49,920 Unsigned integers and integers in previous versions. 102 00:07:49,920 --> 00:07:52,080 We're rolling over and we'll show you this later. 103 00:07:52,080 --> 00:07:59,940 So if you hit zero and then you decrement an unsigned integer, you suddenly hit max int and this was 104 00:07:59,940 --> 00:08:04,500 changed in I think it is 086 or free or something. 105 00:08:04,500 --> 00:08:10,500 So be careful that you lock in a specific compiler version that you're currently working on and then 106 00:08:10,500 --> 00:08:12,840 make sure if you upgrading to a new compiler version that. 107 00:08:13,370 --> 00:08:15,500 All of your files are still compatible. 108 00:08:15,530 --> 00:08:17,870 This is where unit tests come in which we are also writing. 109 00:08:18,440 --> 00:08:20,740 Now then comes a contract. 110 00:08:20,750 --> 00:08:23,760 This is what I told you before with the classes. 111 00:08:23,780 --> 00:08:31,820 The contract is depicted with a contract keyword and then comes in captured style. 112 00:08:32,000 --> 00:08:33,110 Well, you don't have to. 113 00:08:33,110 --> 00:08:38,929 But the official naming convention of solidity, which you can also find in the city docs, is here 114 00:08:38,929 --> 00:08:44,810 is a cap word style, meaning the first letter is capitalized and then every other word is also capitalized. 115 00:08:44,810 --> 00:08:48,380 So my name is capitalized and the contract is capitalized. 116 00:08:48,380 --> 00:08:51,080 And then if there would be other words, then you would also capitalize them. 117 00:08:51,560 --> 00:08:52,610 And it's the first letter. 118 00:08:52,700 --> 00:08:58,400 Then there is curly brackets, and then inside the curly brackets are this one is a storage variable 119 00:08:58,400 --> 00:09:04,460 which you are talking about later on is basically the the variable that stays across several transactions. 120 00:09:04,460 --> 00:09:06,400 So you can store some value in there. 121 00:09:06,400 --> 00:09:11,960 There is going to be events and modifiers and functions and constructors and all of the other things 122 00:09:11,960 --> 00:09:15,020 that we want to do with solidity are in there. 123 00:09:17,060 --> 00:09:20,930 Now for the deployment we sent off a transaction. 124 00:09:20,930 --> 00:09:27,590 And what when you had a look when you opened the transaction field in remix, then you probably saw 125 00:09:27,590 --> 00:09:31,400 that there was a data field or a value field that was populated. 126 00:09:31,400 --> 00:09:34,520 It's called Input Field in Remix, but it's actually for the transaction. 127 00:09:34,520 --> 00:09:40,010 It's a data field and this data field has the compiled bytecode. 128 00:09:40,010 --> 00:09:46,910 And that one, if it's not sent to any specific address, if the two field is empty, then it will the 129 00:09:46,910 --> 00:09:49,010 EVM will know this is bytecode. 130 00:09:49,010 --> 00:09:53,540 I have to deploy it to the blockchain and then it will create a new address which is a deterministic 131 00:09:53,540 --> 00:09:54,200 operation. 132 00:09:54,200 --> 00:09:59,840 We create a new address for this smart contract, and then it will deploy the smart contract bytecode 133 00:09:59,840 --> 00:10:04,280 that is sent in the data field, in the blocks, in the blockchain. 134 00:10:04,290 --> 00:10:05,270 That's how it is. 135 00:10:06,230 --> 00:10:10,400 And this is what we are going to do now in a couple of next lectures over and over again. 136 00:10:10,400 --> 00:10:12,800 So you understand exactly how this works. 137 00:10:12,800 --> 00:10:15,740 But this this is the basic so this is the very basic. 138 00:10:15,740 --> 00:10:22,220 If you understand that, then you understand already 80% of how smart contracts are deployed, how the 139 00:10:22,220 --> 00:10:23,570 interaction works, and so on. 140 00:10:24,410 --> 00:10:29,840 Now the key takeaways are the smart contracts are running on the blockchain and they are deployed as 141 00:10:29,840 --> 00:10:36,140 EVM bytecode and blockchain itself or the EVM is a Turing complete system. 142 00:10:36,590 --> 00:10:44,450 The structure for a smart contract, if you had any prior coding experience, should look fairly familiar. 143 00:10:44,450 --> 00:10:50,540 Even if you come from only JavaScript or only PHP, it should still look very familiar. 144 00:10:50,540 --> 00:10:51,050 So there is. 145 00:10:51,050 --> 00:10:59,480 There shouldn't be much of a new thing other than the addresses and the special edge cases like no floating 146 00:10:59,480 --> 00:11:00,080 points. 147 00:11:00,620 --> 00:11:06,950 The deployment is done with transactions and this is going to change the state of what is basically 148 00:11:06,950 --> 00:11:08,930 a state machine, the blockchain. 149 00:11:09,020 --> 00:11:09,560 All right. 150 00:11:09,650 --> 00:11:11,570 I will see you in the next lecture. 15856

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