Understanding Web3

Decentralized internet technologies, smart contracts, NFTs, DAO – what are the foundations of Web3 and how do they transform digital interactions?

Explore Concepts

Blockchain Basics

Learn how blockchain technology creates trustless verification systems using decentralized ledger systems.

Start Learning

Decentralization

Understand the power shift from centralized services to peer-to-peer network architectures.

Read More

NFT Applications

Discover how non-fungible tokens represent ownership and provenance in digital and physical assets.

Get Started

How Web3 Changes Everything

No More Middleman

Web3 applications let developers bypass traditional intermediaries by enabling direct peer-to-peer interactions and value exchange.

User-Owned

Users truly own their data and digital assets, with the ability to move identity and assets across platforms.

Censorship Resistant

Data stored on blockchains cannot be altered or deleted by any individual or organization.

Programmable

Smart contracts enable self-executing agreements that automatically enforce rules encoded in software.

Key Components of Web3

1

Blockchain

The decentralized ledger technology that enables trustless verification of transactions.

2

Smart Contracts

Self-executing programs that run on the blockchain when conditions are met.

3

NFTs

Unique digital assets representing ownership of virtual or physical property.

See Full Glossary

Smart Contract Example

{`pragma solidity ^0.8.0;

contract SimpleStorage {
    uint storedData;

    function set(uint x) public {
        storedData = x;
    }

    function get() public view returns (uint) {
        return storedData;
    }
}`}

A minimal smart contract to demonstrate the execution of code in a decentralized manner.

Read Tutorial

Why Elona?

Open Standards

We build on universally adopted open protocols and industry standards.

Scalable Tools

Enterprise-grade solutions designed for both individual developers and enterprise teams.

Community-Driven

Our governance and development processes are guided by our passionate and active community.

Join the Community