Web3 Glossary

Block

A block is the basic unit of a blockchain. It contains a list of transactions, called a ledger, that...

Blockchain

Blockchain is a decentralized, digital ledger that records transactions and keeps track of digital a...

DAO (decentralized autonomous organization)

A decentralized autonomous organization (DAO) is a internet-native organization with a built-in trea...

DeFi (Decentralized Finance)

Decentralized finance refers to using blockchain technology to create decentralized cryptocurrencies...

Ethereum

Ethereum is a decentralized platform that runs smart contracts: code that can be used to transfer or...

NFT (Non-Fungible Token)

An NFT is also known as a Non-Fungible token, or a Non-Fungible item. It is a digital asset that is ...

Smart contract

Smart contracts are code that runs on the blockchain. When a smart contract is executed, it automati...

Solana

Solana is a general-purpose blockchain that supports smart contracts. It is similar to ethereum, but...

Stablecoin

A stable coin is a cryptocurrency that is pegged to another fiat currency. For example, a stablecoi...

Wallet

The crypto-wallet is where you store your digital assets such as currencies, tokens, NFTs, etc. Your...

Web3

Web3 is the next major interation of the internet. It is the world computer, where we get our jobs a...