Web3 Glossary

Decoding the language of decentralized systems. Explore key terms and concepts in blockchain, smart contracts, and Web3 technologies.

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Popular Terms

Blockchain

A decentralized digital ledger that records transactions securely across a network.

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NFT

Non-fungible tokens representing ownership of unique digital assets.

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DAO

Decentralized autonomous organization governed by smart contracts.

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A-Z Index

A•Anchor
B•Blockchain
C•Consensus
D•DAO
E•Ethereum
F•Fork
G•Gas Fees
H•Hard Wallet
I•IBC
N•Nodes
O•Oracles
S•Smart Contract

Blockchain

A decentralized ledger technology that records digital transactions across a distributed network of computers. Each block contains a list of transactions, secured using cryptography and linked to the previous block, forming a chain. This structure ensures data integrity and immutability.

NFT

A non-fungible token is a unique digital asset that represents ownership or authenticity of an item using blockchain technology. Unlike cryptocurrencies, each NFT has distinct value and is not interchangeable with another.

Dao

Decentralized Autonomous Organization. A community-led entity managed through blockchain smart contracts where proposals and decisions are made by token holders without central authority.

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