A Dapp, or Decentralized Application, is a software application that runs on a decentralized network, typically a blockchainA blockchain is a decentralized and distributed digital ledger used to record transactions...Read More
DecentralizationDecentralization refers to the process of distributing and dispersing power, functions, and decision-making authority from a central entity or location to multiple entities or locations. Instead of having a single...Read More
DeFiDeFi, short for "Decentralized Finance," refers to a movement that aims to create an open-source, permissionless, and transparent financial service ecosystem without the need for traditional intermediaries, such as banks,...Read More
A digital walletA digital wallet, also known as an e-wallet or electronic wallet, is a software-based system that securely stores users' payment information and passwords for numerous payment methods and...Read More
Double spendingDouble spending is a potential flaw in a digital currency system where a single digital token can be spent more than once. This is possible because digital information can...Read More
In the context of cryptocurrencies, “dust” refers to a very small amount of coins or tokens. Such an amount is so minuscule that it’s often considered not worth the transaction...Read More
ERC-20ERC-20 stands for Ethereum Request for Comment 20 and refers to a technical standard used for smart contracts on the Ethereum blockchain for implementing tokens. It is the most common...Read More
ERC-721ERC-721 stands for Ethereum Request for Comment 721 and represents a free, open standard that describes how to build non-fungible or unique tokens on the Ethereum blockchain. While most tokens...Read More
Ethereum is a decentralized platform that facilitates the creation of smart contracts and decentralized applications (DApps). Unlike Bitcoin, which is primarily a currency, Ethereum allows developers to build and deploy...Read More
A faucetA faucet is a website or online application that dispenses small amounts of cryptocurrency for free or in exchange for completing simple tasks. Originally created to spread awareness and...Read More