What are blockchain consensus mechanisms?

A consensus mechanism is a method for validating transactions and securing a blockchain without relying on a central authority.
What is a Blockchain Network?

A blockchain network is a system of computers connected to each other that follow the same set of rules to record, share, and validate transactions.
What are Smart Contracts?

A smart contract is a self-executing computer program deployed on a blockchain. It contains rules and conditions written directly into code.
What are Blockchain Nodes?

A node is simply a computer that participates in a blockchain network. Each node stores a copy of the blockchain and helps verify transactions.
What are Crypto Wallets?

A crypto wallet doesn’t store coins like a piggy bank. Instead, it keeps keys that let you access your crypto on the blockchain.
What is DeFi?

DeFi stands for Decentralized Finance. It refers to a collection of applications and platforms built on blockchain that allow people to transact without banks.
What are NFTs?

An NFT is a unique digital asset stored on a blockchain that proves ownership of something.
What is Web3?

Web3 is the idea of a decentralized internet powered by blockchain.
What is Cryptocurrency?

Cryptocurrency, often called “crypto,” is a form of digital currency that uses cryptography (advanced math and code) to keep it secure.
