Web3 Wallet
By Cryptomcmillan1 | Updated on May 24, 2020
Web3 Wallet is the software that allows you to interact with web 3.0. Web 3.0 are the third generation of internet where the interaction between the user and the internet is different than with Web 2.0. Web 3.0 applications are mostly refered to decentralized applications (dApps) and often powered by the blockchain, a peer-to-peer network such as Ethereum or InterPlanetary File System (IPFS). One of the instances of Web3 Wallet is Metamask that can connect to most dApps.
Related Terms
Daily Active Addresses (DAA)
On a blockchain, users interact with one another through their addresses, and daily active addresses (DAA) refers to the number of addresses which fulfills the defined activity parameter on a given blockchain.
Distributed Denial of Service (DDoS) Attack
A common cyber-attack tactic where a perpetrator diverts large amounts of traffic towards a particular network or service in an effort to disrupt normal services.
Block Explorer
Application or websites which display information such as status of transactions or data contained in a block of a given public blockchain network.
Goblin Town
A term used to describe the market's persistent downtrend, synonymous with "bear market".
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