Glossary Crypto & Web3
Ethereum
A blockchain designed to run programs, not just move money. Most stablecoins, DeFi protocols and NFTs launched on Ethereum or on a network compatible with it.
See also Smart contract
More from the glossary
Lede
The opening sentence or paragraph, carrying the most newsworthy fact. A buried lede is a story…
DeFi
Decentralised finance: lending, trading and derivatives run by smart contracts rather than by a bank or…
Venture capital
Money invested in early-stage companies in exchange for equity, on the expectation that most will fail…
Futures contract
An agreement to buy or sell an asset at a set price on a set date.…