Cryptography Blockchain & Coins

1. Introduction & Overview What Are Rollups (Optimistic/ZK)? Rollups are Layer 2 (L2) blockchain scaling solutions that bundle or “roll up” hundreds of transactions into a single batch. These batches…

1. Introduction & Overview What is Layer 2? In the context of blockchain and distributed systems, Layer 2 (L2) refers to a secondary framework or protocol built on top of…

1. Introduction & Overview What is Layer 1? Layer 1 refers to the base layer of a blockchain architecture, often known as the main chain. It provides the fundamental consensus…

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…