Before getting started with Web3, understand these 20 keywords

Decentralization: No central authority, users collectively maintain the network

Smart Contract: Blockchain-based automated program, the foundation of DApp

On-chain/Off-chain: Whether data or operations are on the blockchain

Ethereum: Benchmark platform for smart contracts, cornerstone of Web3

Solidity: Main programming language for Ethereum smart contracts

Wallet: Manages private keys and assets, custodial vs non-custodial

Private Key/Seed Phrase: Proof of asset control, strictly confidential

DeFi: Blockchain-based financial systems that replace traditional intermediaries

Stablecoin: Cryptocurrency pegged to fiat currency (e.g., USDT)

NFT: Unique digital asset used for art, gaming

DAO: Decentralized community organization governed by voting

Gas Fee: Transaction fees required for blockchain transactions

Layer 2: Extension networks that enhance main chain performance

Bridge: Infrastructure for cross-chain asset/information interaction

DApp: Decentralized applications running on-chain

Airdrop: Free token distribution by project teams

Public Chain: Open participation blockchain (e.g., Ethereum)

Chain Game: A new model that combines gaming and finance

Tokenomics: Mechanisms for project token distribution, inflation, etc.

Web3 Identity: Verifiable digital identity on-chain#币安Alpha上新 #以色列伊朗冲突 #币安钱包TGE $BTC $ETH