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
Hot Wallet
It is a tool that store your cryptocurrencies and always connected to internet
Venture Capital
capital (funds) that is invested in a company that needs a substantial pool of funds to initiate.
Open/Close
The price at which a cryptocurrency opens at a time period, for example at the start of the day; the price at which a cryptocurrency closes at a time period, for example at the end of the day.
Variable Buy/Sell Tax
On-chain buy sell tax rate that is not fixed, whereby it is possible for contract owners to change at will.
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