Web3
A broad term for internet apps that use blockchains, wallets, smart contracts, and tokens for ownership or coordination.
Web3 describes applications where users interact through wallets, smart contracts, and on-chain assets rather than only through accounts controlled by a central platform. The term covers many designs and is not a single protocol.
Web3 systems can still rely on centralized frontends, hosted RPC providers, admin keys, bridges, or off-chain data. Evaluating the actual trust model matters more than the label.
Related terms
3 linkedExplore connected entries beyond the alphabetical index.
Decentralized Application (DApp)
→A decentralized application (DApp) uses smart contracts or decentralized networks to provide app logic without a single operator controlling the backend.
Wallet
→Software or hardware that manages crypto keys, creates addresses, signs transactions, and shows blockchain activity.
Smart Contract
→Programmatic rules executed by the blockchain to enforce agreements without intermediaries.
All terms and definitions may update as the Cryptionary improves.
