Web3 protocols are the underlying technologies that power Web3. These include blockchain protocols such as Ethereum, Polkadot, and Cardano, as well as other decentralized technologies such as IPFS (InterPlanetary File System) and Whisper. These protocols are designed to provide greater security, transparency, and interoperability to Web3 applications.
Is DeFi a Component of Web3? DeFi is a novel financial system that is rapidly gaining momentum within Web3. This system offers unprecedented value and utility that cannot be found in conventional financial systems. Web3...
