The vision and evolution of the internet that aims to create a more decentralized, open, and user-centric web, leveraging blockchain[1] and other decentralized technologies.
Defined Terms
1. ↑ blockchain.
An encrypted digital record of transactions. The name comes from its structure, in which individual records, called blocks, are linked together in single list (or chain) using cryptography. Information held on a blockchain exists as a shared and continually reconciled database. Each block is protected with a timestamp and transaction date and link to the previous block.A decentralized and distributed ledger technology that securely records and verifies transactions across multiple computers or nodes, providing transparency, immutability, and trust.
