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Blockchain & DeFi Basics

Featured Questions
What is sharding?
What is "Money Lego"?
What is DeFi?
What is Atomic Composability?
What is a DLT?
All questions
Using a Crypto Software Wallet Securely
What are AMMs (Automated Market Maker) and CFMMs (Constant Function Market Maker)
What are Layer 1 (L1) and Layer 2 (L2) networks?
What are Proof of Work and Proof of Stake?
What are public and private keys?
What are Smart Contracts?
What are software and hardware wallets?
What are Stablecoins?
What do distributed and decentralized mean?
What Does Asset-Oriented Mean?
What does DYOR mean?
What does immutable mean?
What do scalability, throughput, and TPS mean?
What do security, safety and liveness mean?
What do "state" and "state change" mean?
What do "Trustless" and "Permissionless" mean?
What is a Blockchain?
What is a consensus protocol?
What is a dApp?
What is a full node?
What is a Governance Token?
What is a ledger?
What is a liquidity pool?
What is an NFT?
What is an Oracle?
What is a seed phrase?
What is a Sybil attack?
What is a token?
What is a “transaction” in crypto?
What is a Utility Token?
What is a validator node?
What is a validator set?
What is a wrapped token?
What Is Bitcoin?
What is Blind Signing in Crypto?
What Is Ethereum?
What is “gas” in Ethereum?
What is Impermanent Loss?
What is KYC/AML
What is linear scalability?
What is "Mining"?
What is “On Chain” Governance for Layer 1 protocols?
What is Slashing in Blockchain and Crypto?
What is staking?
What is Tokenization?
What is Total Value Locked (TVL)?
What is Web3?
What’s a DEX? (Decentralized Exchange)
What’s an epoch?
What’s the Difference Between a Full Node and Validator Node?
What's the difference between Proof of Stake (PoS) and Delegated Proof of Stake (DPoS)?