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lipisadiya376
@lipisadiya376
Web3 Jargon: ✅ Cold Wallet: Offline crypto wallet, high security, for long-term storage. ✅ Hot Wallet: Online crypto wallet, quick transactions, lower security. ✅ Flash Loan: Instant, collateral-free loan, repaid in the same transaction. ✅ Token: Digital asset on blockchain, with various uses. ✅ Satoshi: Smallest unit of Bitcoin, 1 BTC = 100 million satoshis. ✅ Metaverse: Virtual world combining VR and AR, linked to blockchain and NFTs. ✅ Stablecoin: Crypto pegged to fiat or assets to reduce price volatility. ✅ Fiat On-Ramp: Converting fiat to crypto, usually via centralized exchanges. ✅ DeFi: Blockchain-based financial services without intermediaries. ✅ NFT: Unique digital asset, often for art or collectibles. ✅ DApp: Blockchain-based app, usually open-source. ✅ DEX: Peer-to-peer crypto exchange, no intermediaries. ✅ Hashrate: Measure of blockchain network's computational power. ✅ KYC: Identity verification process for financial institutions.
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