Staking is a way of participating in the consensus mechanism of blockchain networks using proof-of-stake (PoS) algorithms, earning rewards while helping secure the network. Stakers lock up their funds as collateral and validate transactions to receive rewards.
The Ethereum Name Service (ENS) is a decentralized naming system that provides human-readable addresses for Ethereum resources, making it easier to interact with dApps & digital assets. It uses the Ethereum blockchain for secure, transparent & censorship-resistant name resolution.
A unique digital asset that represents ownership of a piece of content, like art, music, or even tweets, stored on a blockchain. NFTs are one-of-a-kind and cannot be exchanged for something else of equal value.
A platform where users can trade cryptocurrencies and other digital assets. It is operated and controlled by a single entity, and transactions are processed through a central server.
A decentralized exchange (DEX) is a type of cryptocurrency exchange that operates without a central authority, allowing users to trade directly with each other. Transactions occur through smart contracts on a blockchain, increasing transparency and security.
DeFi (Decentralized Finance) refers to financial systems built on blockchain technology that allow users to access financial services without intermediaries. It offers peer-to-peer transactions, transparency, and open access to financial services.
A digital organization run on blockchain technology where decisions are made by stakeholders through code and smart contracts, without intermediaries.
Blockchain is a decentralized, digital ledger of transactions that uses cryptography to secure and verify the integrity of data, creating a secure and transparent system for recording transactions.