Encryption

A method of protecting information by converting it into a secure format that can only be read by someone with the correct key. In Web3, encryption helps keep data, wallets, and transactions private and secure.

ENS

Short for Ethereum Name System. ENS converts long hexadecimal Ethereum wallet addresses into human readable names, like .eth or .locker. ENS makes it easier to send and receive digital assets.

Ether (ETH)

The native cryptocurrency of the Ethereum blockchain. Ether is used to pay transaction fees and to interact with applications on the Ethereum network.

Ethereum

A decentralized blockchain platform that enables smart contracts and decentralized applications. Due to its ability to support smart contracts on its L1, Ethereum is considered the world’s computer. It allows developers to build financial tools, games, and digital marketplaces without intermediaries.

Ethereum Virtual Machine (EVM)

The global computing system that runs on Ethereum and compatible blockchains. The EVM executes smart contracts and ensures they run the same way across the entire network.