'In this video, you'll learn about Web 3.0 and how it differences from the past versions of the internet. Cryptocurrencies and decentralization are changing how we interact with the web. '
'Web3 changes our data structure as it democratizes information by giving all users the same level of accessibility. There is full transparency and privacy is preserved thanks to cryptography. There is no centralized entity governing the cryptoworld.'
"Hot wallets connect to the internet for easier access, while cold wallets keep your crypto keys offline for security."
"MetaMask is a web browser extension and mobile app that allows you to manage your Ethereum private keys. By doing so, it serves as a wallet for Ether and other tokens, and allows you to interact with decentralized applications"
'You might be searching the web trying to figure out "What is Defi?". Well, in this video we cover exactly what defi (or decentralized finance) is and cover 5 main pillars holding it up'
"A decentralized exchange, or DEX, is a cryptocurrency trading application that allows people to easily trade crypto on a 24/7 basis. Because DEXes are secured by blockchain technology, these decentralized finance (DeFi) apps allow users to trade permissionlessly."
"At its core, yield farming is a process that allows cryptocurrency holders to lock up their holdings, which in turn provides them with rewards. More specifically, it’s a process that lets you earn either fixed or variable interest by investing crypto in a DeFi market."
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These resources are intended for general guidance and educational purposes only. I am not an investment or financial advisor, and make no representation regarding the advisability of investing.
For convenience only, this website may provide links or pointers to third party sites. While all information is provided in good faith, I make no representations about any other websites that may be accessed from this website. If you choose to access any such sites, you do so at your own risk.
Decentralized Finance is subject to significant risk, including risk related to smart contracts.