What is ERC-20? It's a technical standard for creating tokens on Ethereum. It ensures all tokens follow the same rules so wallets and exchanges can support them easily.
Layer 2 solutions are like express lanes on a highway. Same destination, less traffic, lower tolls. They process transactions off the main chain and batch them back.
What is a governance token? It gives holders the right to vote on changes to a protocol. Think of it as shares in a company, but for decentralized projects.
Bonding curves are mathematical formulas that determine token prices based on supply. As more tokens are bought, the price goes up according to the curve.
Myth: Bitcoin is anonymous. Reality: Bitcoin is pseudonymous. Every transaction is public and traceable. Your identity isn't attached, but your address history is visible to everyone.
Decentralization isn't binary. It's a spectrum. Some projects are more decentralized than others. The key is understanding where on that spectrum your project sits.
What is a whitepaper? A technical document that explains how a crypto project works. It outlines the problem, the solution, the technology, and the tokenomics.
Blockchain pruning is the process of removing old transaction data that nodes no longer need. It keeps the blockchain manageable in size while preserving integrity.
The difference between permissioned and permissionless blockchains: permissionless means anyone can participate, like Bitcoin. Permissioned means you need approval to join.
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