Blockchain is NOT web3. Neither are all the cryptocurrencie

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Blockchain is NOT web3. Neither are all the cryptocurrencies and tokens. Here's a simple way to think about it: The base layer - Blockchain The value layer - Cryptocurrency The real world/crypto bridge - Oracles The application layer - dApps The governance layer - DAOs The "keys" to your crypto - Self-Custodial Wallets The identity layer - NFTs If you combine all of these, you get web3. P.S. Anything else you would add? #web3crypto #BullorBear #CryptoSavvy

Blockchain is NOT web3.
Neither are all the cryptocurrencies and tokens.
Here's a simple way to think about it:
The base layer - Blockchain
The value layer - Cryptocurrency
The real world/crypto bridge - Oracles
The application layer - dApps
The governance layer - DAOs
The "keys" to your crypto - Self-Custodial Wallets
The identity layer - NFTs
If you combine all of these, you get web3.
P.S. Anything else you would add?
#web3crypto  #BullorBear  #CryptoSavvy  

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