1. Introduction & Overview What is DeFi (Decentralized Finance)? DeFi stands for Decentralized Finance, a financial system built on blockchain technology that eliminates intermediaries such as banks, brokers, or centralized…
1. Introduction & Overview What is IPFS? InterPlanetary File System (IPFS) is a peer-to-peer (P2P), distributed file storage protocol designed to make the web faster, safer, and more open. Unlike…
Introduction & Overview What is an NFT (Non-Fungible Token)? An NFT is a unique cryptographic token stored on a blockchain, representing ownership of a digital or physical item. Unlike fungible…
1. Introduction & Overview What is a DAO? A Decentralized Autonomous Organization (DAO) is an organization represented by rules encoded as smart contracts on a blockchain. These rules are transparent,…
1. Introduction & Overview What is a DApp (Decentralized Application)? A Decentralized Application (DApp) is a software application that runs on a decentralized network, typically a blockchain, rather than a…
1. Introduction & Overview What is Web3? Web3 represents the next evolutionary phase of the internet, shifting from centralized platforms (Web2) to decentralized protocols, applications, and services based on blockchain…
1. Introduction & Overview What is Block Reward? A block reward refers to the incentive cryptocurrency miners or validators receive for successfully processing and validating a new block of transactions…
1. Introduction & Overview What is Block Time? Block Time refers to the average time taken to generate a new block in a blockchain network. It is a core concept…
1. Introduction & Overview What is Finality? In blockchain and distributed systems, finality refers to the guarantee that a transaction cannot be reversed or altered once it is confirmed. In…
1. Introduction & Overview What is Nakamoto Consensus? Nakamoto Consensus is a cryptographic consensus mechanism introduced by Satoshi Nakamoto in the Bitcoin whitepaper. It enables decentralized networks to agree on…