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GLOSSARY

A standalone cryptocurrency or digital currency that operates independently of any other platform, serving as a medium of exchange for value. Crypto Protocol - A crypto protocol comprises a predefined set of rules and procedures that dictate the conduct within a decentralized network.
A digital currency fortified by cryptographic mechanisms to function as a medium of exchange within a peer-to-peer (P2P) economic ecosystem.
DApps, or decentralized applications, operate on a peer-to-peer (P2P) network of computers, rather than relying on a central database. Users can seamlessly access DApps through cryptocurrency wallets. DApps are often synonymous with decentralized applications constructed on blockchains, easily accessible via cryptocurrency or Web3 wallets.
An organization governed by shareholders rather than a central authority.
A set of predefined, immutable rules that dictate the actions a decentralized organization will undertake. A DAO, or decentralized autonomous organization, typically comprises a diverse group of individuals who collectively make decisions about a project or platform based on established rules and criteria in a decentralized fashion.
A decentralized exchange operates without necessitating users to deposit funds before engaging in trading, and it abstains from holding user funds. Instead, users trade directly from their personal wallets. Such exchanges are not affiliated with any single entity or organization, relying on smart contracts and pre-established rules to facilitate interactions and transactions with users. Accessible to any user, decentralized exchanges allow individuals to connect using their wallets.

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