Friday, 17 May 2024, 10:29 AM
Site: Ambitious Primary Care Learning
Course: Graduate Practice Diploma in Web3 (Grad. Dip. Web3)
Glossary: Glossary of Web3 Terms
D

DAO

Decentralized Autonomous Organisation

Sometimes called a decentralized autonomous corporation, is an organization represented by rules encoded as a computer program that is transparent, controlled by the organization members and not influenced by a central government.

DEFI

Decentralized Finance

Decentralized finance offers financial instruments without relying on intermediaries such as brokerages, exchanges, or banks. Instead, it uses smart contracts on a blockchain

DEX

Decentralised exchanges, such as Uniswap, sushiswap, balancer, matcha, etc. This is different from CEX.

DM

Direct Message.

From another user. 

Danger! This can be very very dangerous. Read more here.


DYOR

Do Your Own Research

dApp

dApp or Decentralised application is a web3 type of software design.

The backend database layer is the blockchain. 

The frontend display layer is typically a javascript based application, usually React.js or Vue.js.

drop

refers to when a new NFT is ready for minting. 

Ie. The lunar NFT drop is coming soon.