Web3 Glossary

Browse 8 web3 terms defined in plain English, from the cultural dictionary of computing.

8 Web3 Terms

Blockchain Bro: A pejorative term for someone who zealously promotes blockchain and cryptocurrency as the solution to virtually every problem, regardless of whether a...
Blockchain Startup: A startup whose product, infrastructure, or fundraising story is built substantially around blockchain technology, tokens, or decentralized systems. The label...
Crypto Startup: A startup built around cryptocurrency, blockchain infrastructure, token-based products, or adjacent financial primitives. The label spans serious...
DAO: Decentralized autonomous organization — an entity governed by smart contracts and token-holder votes rather than a traditional management structure. Members...
Decentralization: The distribution of control, processing, or data across multiple independent nodes rather than concentrating it in a single authority. Core principle of...
DeFi: Decentralized finance — an ecosystem of financial applications built on blockchains that replicate traditional banking services (lending, borrowing, trading,...
Hardhat: A development environment for building, testing, and deploying Ethereum smart contracts, providing a local blockchain network, built-in Solidity compiler,...
Solidity: The primary programming language for writing smart contracts on the Ethereum blockchain and EVM-compatible chains. Solidity's JavaScript-like syntax belies the...