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Explore 6+ clear, technical, and objective definitions defining the decentralized future.
A decentralized digital ledger that records transactions across a network of computers in a secure and transparent way.
Short for “Decentralized Finance,” it refers to financial applications built on blockchain networks that operate without traditional intermediaries.
Non-Fungible Token — a unique digital asset stored on a blockchain that represents ownership of digital content.
Realized Cap calculates the total value of all coins based on the price at which they last transacted on-chain, rather than the current market price. Unlike Market Cap, which values all circulating coins at the current price, Realized Cap reflects the historical cost basis of each coin.
A self-executing contract with the terms of the agreement directly written into code on a blockchain.
The process of actively participating in transaction validation on a Proof-of-Stake (PoS) blockchain. Participants lock up (or 'stake') their cryptocurrency holdings to support network security and operations, earning rewards in return, similar to earning interest.