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New to Web3 or need a refresher? Here's a few common terms you'll see across the crypto and Webacy ecosystem.
A wallet that the user owns and operates, with the ability to recover protected assets from the original user wallet in case of loss of access. Powered by Webacy's smart contracts.
A digital wallet to hold your currencies, collectibles (eg, NTFs), and used to log into dApps (example: Metamask, Rainbow, Coinbase Wallet).
A decentralized, self-custodial method of allocating assets for post-life. Based on real-time, on-chain passive activity monitoring and a dead man's switch.
A type of account where a centralized entity holds and manages your keys and access. (example: Coinbase, Kraken, Binance).
A type of account where you manage and hold your own keys and passphrases. Your keys, your crypto. (example: Metamask, Rainbow, Coinbase Wallet).
Acronym for Decentralized Autonomous Organization.
Short for decentralized application.
Short for decentralized finance.
Do your own research - a way of expressing that you should adequately understand a project or asset before investing in it.
An NFT (or “non-fungible token”) is a specific kind of digital asset that is unique and can’t be duplicated or counterfeited.
Webacy's one-click evacuation tool that enables users to move all of their protected assets in an emergency.
A smart contract is a piece of code that is deployed and runs on a blockchain. Smart contracts are executable programs.
Webacy's real-time monitoring and notification service that notifies you on any and all activity that has to do with your crypto wallet.
The next stage of the internet, following Web 2.0, which is more decentralized and built with blockchain and other decentralized networks.