Blockchain Basics

A collection of basic blockchain terms and concepts

25 articles in this collection
Written by Jay Kurahashi-Sofue and Rocky Rock

General

What is a transaction?

Written by Rocky Rock
Updated over a week ago

What is a blockchain?

Written by Jay Kurahashi-Sofue
Updated over a week ago

What is the history of blockchain?

Written by Rocky Rock
Updated over a week ago

What are non-fungible tokens (NFTs)?

Written by Rocky Rock
Updated over a week ago

What are smart digital assets?

Written by Rocky Rock
Updated over a week ago

What is a decentralized application (dApp)?

Written by Rocky Rock
Updated over a week ago

What is a smart contract?

Written by Rocky Rock
Updated over a week ago

What are oracles?

Written by Rocky Rock
Updated over a week ago

What is a block explorer?

Written by Rocky Rock
Updated over a week ago

What is a Decentralized Autonomous Organization (DAO)?

Written by Rocky Rock
Updated over a week ago

What is WETH or wrapped ETH?

Written by Jay Kurahashi-Sofue
Updated over a week ago

Decentralized Finance (DeFi)

What is decentralized finance (DeFi)?

Written by Rocky Rock
Updated over a week ago

What is a decentralized exchange (DEX)?

Written by Rocky Rock
Updated over a week ago

What is a derivative?

Written by Rocky Rock
Updated over a week ago

What is yield farming?

Written by Rocky Rock
Updated over a week ago

Protocol

What is a consensus protocol?

Written by Rocky Rock
Updated over a week ago

What is Byzantine Fault Tolerance (BFT)?

Written by Rocky Rock
Updated over a week ago

What is a sybil attack?

Written by Jay Kurahashi-Sofue
Updated over a week ago

Staking

What is staking?

Written by Jay Kurahashi-Sofue
Updated over a week ago

How does proof-of-stake work?

Written by Rocky Rock
Updated over a week ago

What is a blockchain validator?

Written by Jay Kurahashi-Sofue
Updated over a week ago

What are validator/staking rewards?

Written by Rocky Rock
Updated over a week ago

Wallets

What is the difference between a cold and hot wallet?

Written by Rocky Rock
Updated over a week ago

What are public and private keys?

Written by Rocky Rock
Updated over a week ago

What is a blockchain wallet?

Written by Rocky Rock
Updated over a week ago