added by Danielle Vermeer ยท updated 2y ago
What Is Web3?
- Web3 is an extension of cryptocurrency, using blockchain in new ways to new ends. A blockchain can store the number of tokens in a wallet, the terms of a self-executing contract, or the code for a decentralized app (dApp). Not all blockchains work the same way, but in general, coins are used as incentives for miners to process transactions.
from What Is Web3? by Harvard Business Review
Danielle Vermeer added 2y ago