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Glossary

Terms5 shown

51% attackNetwork risks associated with excessive concentration of computing power; the evidence presents it as a broader threat associated with selfish mining potentially weakening decentralization.
Web 3.0An internet concept generally associated with ideas such as blockchain, decentralization, and users owning their data and digital assets.
blockchain trilemmaThe trade-off inherent in the blockchain trilemma, which makes it difficult to achieve security, decentralization, and scalability simultaneously.
Blockchain TrilemmaThe challenge of balancing security, scalability, and decentralization in blockchain systems.
DecentralizationAn arrangement that transfers control and decision-making authority from a single person or institution to a distributed network.

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Definition

Web 3.0

An internet concept generally associated with ideas such as blockchain, decentralization, and users owning their data and digital assets.

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