An NFT is a unique digital token on a blockchain that represents ownership of a specific asset. Unlike fungible tokens, each NFT is distinct and cannot be replaced one-for-one with another.
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Crypto Research
What Is DeFi?
DeFi replaces financial intermediaries with code—users interact with protocols directly through smart contracts, eliminating custodians but not risk.
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Crypto Research
What Is a Hardware Wallet?
A hardware wallet is a physical device that stores cryptocurrency private keys offline. The mechanism isolates keys from internet-connected devices, providing the most attack-resistant self-custody option currently available.
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Crypto Research
What Is a Seed Phrase?
A seed phrase is the human-readable backup of your private keys—typically 12 or 24 words that can regenerate your entire wallet. Understanding the mechanism, security constraints, and why it's irreplaceable is essential for cryptocurrency self-custody.
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Crypto Research
What Is Gas in Ethereum?
Gas represents computational work on Ethereum. Users pay gas fees to validators for processing transactions and smart contracts. Fees fluctuate based on network demand.
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Crypto Research
What Is a Crypto Exchange?
A crypto exchange is a platform that facilitates buying, selling, and trading cryptocurrency. This post explains how centralized and decentralized exchanges work, where constraints live, and what separates custodial from non-custodial models.
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Crypto Research
What Is Staking in Crypto?
Staking locks cryptocurrency to support network operations in exchange for rewards. This explanation covers how it works, the constraints, and what distinguishes it from mining.
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Crypto Research
What Is Proof of Stake?
Proof of stake secures blockchains through economic collateral instead of computational work. Validators lock funds, propose blocks, and risk losing stake for dishonesty or downtime.
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Crypto Research
What Is Proof of Work?
Proof of work is a consensus mechanism that secures blockchains through computational effort. Miners compete to solve cryptographic puzzles, with the winner earning the right to add the next block and receive rewards.
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Crypto Research
What Is Consensus in Blockchain?
Consensus is how blockchain networks agree on the current state without a central authority. This post explains the mechanism, why it matters, and what could break it.
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Crypto Research
What Is a Block in Blockchain?
A block is a container of validated transactions permanently linked to the blockchain through cryptographic hashing. Understanding block structure clarifies how blockchains enforce rules, why design tradeoffs exist, and what happens under stress.
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Crypto Research
What Is a Blockchain Node?
A blockchain node is a computer running protocol software that maintains network infrastructure. Understanding nodes clarifies how blockchain networks stay decentralized and secure.