Web3 Domains
Web3 domains have emerged as a crucial aspect in the decentralized internet landscape. Unlike traditional web domains, they are censorship-resistant, facilitate crypto transactions and simplify blockchain addresses. On the conventional web, the ownership of domains is essentially a rental agreement with a registrar. Conversely, Web3 domains grant full control and ownership to the user via...
Web3 Gaming
Web3 Gaming represents a pioneering integration of web 3.0 technology with the gaming industry. It refers to the use of blockchain technologies, NFTs (Non-fungible tokens), and cryptocurrencies in online games, enhancing the gaming experience by introducing true digital ownership, play-to-earn mechanisms, and decentralized gaming ecosystems. According to DappRadar, as of 2021, the blockchain gaming sector...
Web3 Integration
Web3 integration is a modern technology concept refers to the third generation of internet services that use blockchain-based peer-to-peer networks. A profound shift in the way businesses transact, it is tectonically influencing the landscape of technology, finance, and investment globally. According to a report by Dapp Radar, the total value locked in DeFi protocols operating...
Web3.js
Web3.js is a collection of libraries that allow you to interact with a local or remote Ethereum node using HTTP, IPC, or WebSocket. It is the JavaScript API interface for Ethereum blockchain and smart contracts, enabling developers to send data to and from the blockchain and create client-side applications that interact with Ethereum. Recent data...
Web3 Marketing
Web3 Marketing, also known as Web 3.0 Marketing, is a new breed of digital marketing that harnesses the power of decentralized and blockchain technology for improved audience reach, engagement, and conversion. It represents a substantial shift from traditional marketing methods, promoting transparency, privacy, and consumer control. A study by Gartner indicates that by 2025, businesses...
Web3 NFT
Web3 NFT, an abbreviation for Web3 Non-Fungible Token, denotes unique virtual assets on the blockchain that represent ownership or proof of authenticity over a specific digital or physical object. Developed and popularized under the premise of Web 3.0 technologies, these tokens revolutionize the way we conceive value and ownership in the online sphere. Recent data...
Web3 Projects
Web3 Projects, often known as DApps (Decentralized Apps), are platforms leveraging the decentralized framework of blockchain and cryptocurrency technologies. This transition from the current Web 2.0 to Web3 is seen as a significant evolution in our digital environment, allowing users to interact in a decentralized, peer-to-peer network. Web3-based projects have witnessed a meteoric rise in...
Web3 Security
Web3 security is a vast and often complex landscape that focuses on maintaining the safety of decentralized internet systems, especially blockchain and cryptocurrency technologies. It aims to bolster the robustness of Web3 infrastructure against malicious attacks. As a 2021 study from CipherTrace reports, DeFi hacks accounted for 76% of all major hacks and thefts, emphasizing...
Web3 Wallet
Web3 Wallet refers to a digital wallet that interacts with blockchain technology applications, allowing users to store, send, and receive cryptocurrencies on the Web3.0 infrastructure. Given the emerging popularity of cryptocurrencies and the evolving technology behind them, these wallets have gained significant attention due to their usability and diverse functionality. A notable example is the...
Whale
In the financial and technological sectors, the term "Whale" refers to an entity or individual that holds a large enough quantity of a particular asset to influence its market. This term is frequently used in the context of cryptocurrency but is also applicable in traditional stock markets and other investment areas. For instance, in the...
Explore the MEXC Blog Glossary Archive to deepen your understanding of cryptocurrency and blockchain technology. This comprehensive resource features clear, easy-to-understand definitions of key crypto-related terms, concepts, and industry jargon. Whether you’re a beginner or an experienced trader, the glossary helps you stay informed, make smarter investment decisions, and navigate the fast-evolving crypto landscape with confidence. Start learning today and boost your crypto knowledge with MEXC!
