Web3 Terms to Know

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Across
  1. 2. Local legal tender, such as the US dollar.
  2. 4. A string of letters and numbers that allows other people to send you digital assets. (2 wds.)
  3. 7. Code deployed on a blockchain that self-executes a pre-determined agreement. (2 wds.)
  4. 11. Collective name for decentralized financial tools built on the blockchain.
  5. 13. A digital environment where people can connect and interact using avatars.
  6. 14. The foundational software of a program.
  7. 15. The process of registering validated information on the blockchain.
  8. 17. A decentralized public ledger used to store and transfer information.
Down
  1. 1. Software or hardware used to store private keys to blockchain assets and accounts.
  2. 3. A digital asset used to exchange currency without using centralized banks.
  3. 5. A digital certificate to prove ownership of a unique asset.
  4. 6. Currently one of the most popular public blockchains that allows people to write and execute smart contracts.
  5. 8. The total value of an asset based on its current market price. (2 wds.)
  6. 9. A scam where a project takes all of the money invested into it and abandons the project/community. (2 wds.)
  7. 10. The first decentralized digital currency created by Satoshi Nakamoto.
  8. 12. An organization with members working towards a common goal, run by its users instead of a CEO.
  9. 16. Fees charged to execute transactions on the blockchain.