Basic concepts of Web3

Basic concepts of Web3

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Basic concepts of Web3
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Concepts to learn about Web3
Before you get started, it's a good idea to have a general understanding of what web technologies are and how to use them.

Blockchain – A distributed ledger used to record transactions or other data across many computers. It uses cryptography to ensure that data is not changed or damaged after being added to the blockchain.

Decentralized – An infrastructure, such as the Internet, where there are no central points of control and ownership; instead, it consists of a connected network between peers who manage their own identities within the system.

DApps – Decentralized applications (just one type of application that can be built on top of a decentralized infrastructure).

Smart contracts – Digital contracts or agreements that are self-executing and do not rely on third-party enforcement.

Once you have a basic understanding of these concepts, you're ready to learn the benefits of Web3!

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