Web3 Wallet
By Cryptomcmillan1 | Updated on May 24, 2020
Web3 Wallet is the software that allows you to interact with web 3.0. Web 3.0 are the third generation of internet where the interaction between the user and the internet is different than with Web 2.0. Web 3.0 applications are mostly refered to decentralized applications (dApps) and often powered by the blockchain, a peer-to-peer network such as Ethereum or InterPlanetary File System (IPFS). One of the instances of Web3 Wallet is Metamask that can connect to most dApps.
Related Terms
State Channel
Secondary payment channel occuring off-chain
Open Source
Open-source software is a type of software released under a license in which the copyright holder grants users the rights to study, change, and distribute the software to anyone and for any purpose.
Yield Farming
Yield farming involves putting cryptocurrency into a DeFi protocol to collect interest on trading fees.
Mining Rig
A dedicated hardware to mine
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