Web3 vs Crypto vs Blockchain

Web3 is a suite of protocols to create a decentralised and secure internet, while cryptocurrency is a digital currency secured by cryptography. Blockchain is a DLT for secure and transparent digital asset transfer.

30 September 2022
Web3 vs Crypto vs Blockchain

Web3 is an umbrella term for a suite of technologies and protocols that aim to create a more decentralised and secure internet. It includes protocols such as decentralised storage, decentralised identity, and decentralised finance (DeFi).

Crypto typically refers to cryptocurrencies such as Bitcoin, Ethereum, and Litecoin. These digital currencies are secured through cryptography and can be used to buy and sell goods and services.

Blockchain is a distributed ledger technology (DLT) that enables secure and transparent transfer of digital assets. It is the underlying technology behind cryptocurrencies and is used to validate transactions and store data on a distributed network.