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A Web3 Primer: 7 Concepts You Need to Know

UVA Darden

Of all of the terms on this list, perhaps the most loaded is cryptocurrency — a digital asset exchanged somewhat like traditional currency but without physical form. Since cryptocurrencies and other tokens are features of blockchain protocols, they are not tied to a central authority such as a government or bank in traditional ways.

article thumbnail

A Web3 Primer: 7 Concepts You Need to Know

UVA Darden

Of all of the terms on this list, perhaps the most loaded is cryptocurrency — a digital asset exchanged somewhat like traditional currency but without physical form. Since cryptocurrencies and other tokens are features of blockchain protocols, they are not tied to a central authority such as a government or bank in traditional ways.