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  1. Connect
  2. New to Connect?
  3. Blockchain Basics

Blockchain Basics

  • What is the difference between Proof of Work and Proof of Action?
  • What is a decentralized network?
  • What is blockchain technology?
  • What is a Gas Fee?
  • What is a Smart Contract?
  • What is blockchain?
  • What is a hot wallet vs a cold wallet? And what's the difference?
  • What is a block? And how does it work?
  • What are Decentralized Applications? (DApps)
  • What is an exchange? And the types of exchanges?
  • What is a token? And what is the difference from a coin?
  • What is Web3?
  • What is Layer 1?
  • What is Layer 2?
  • What is a Transaction Hash?
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