Web3 Explained: The Basics of Crypto’s Next Evolution
Web3 demystified: learn how the decentralized web works, its core tech, real crypto use cases, benefits, challenges, and a simple starter checklist for beginners.
Continue ReadingWhen talking about crypto, a digital form of money that uses cryptography to secure transactions and control new units. Also known as cryptocurrency, it runs on decentralized networks called blockchains, which means no single bank or government owns it. This simple definition sets the stage for everything listed on this page.
One of the first things newcomers check is the CoinMarketCap ranking, a leaderboard that orders crypto assets by market capitalization, trading volume and other key metrics. The ranking helps investors spot big players like Bitcoin or emerging tokens worth watching. It also tells you which coins have the most liquidity, a vital clue for anyone planning to buy or sell.
Once you decide which token to hold, the next step is choosing a safe place to store it. That's where crypto custody solutions, services that keep private keys secure, either offline (cold storage) or online (hot wallets) come in. Institutional investors often pick custodians that meet strict compliance standards, while casual users may prefer a simple mobile app. The right custody option balances accessibility with protection against hacks.
Crypto mining, the process of validating transactions and adding new blocks to a blockchain by solving complex mathematical puzzles is both a way to earn new coins and keep the network running. Mining requires specialized hardware—ASICs for Bitcoin, GPUs for Ethereum‑based tokens—and a steady supply of electricity. The rewards you earn depend on the network's difficulty, which adjusts automatically to keep block times steady.
Understanding these three pillars—rankings, custody, mining—creates a solid base for deeper exploration. For example, a high CoinMarketCap rank often means more miners are joining the network, which can increase security but also raise the barrier to entry for small participants. Likewise, reputable custody providers may offer insurance, shielding you from the volatility that often follows rapid price swings.Beyond these core topics, crypto interacts with many other concepts. Smart contracts automate agreements without lawyers, decentralized finance (DeFi) lets you lend and borrow without banks, and tokenized assets let you own a slice of real‑world property on the blockchain. Each of these areas builds on the basic ideas covered above.
Now that you have a clear picture of what crypto is, how its market is measured, where to keep it safe, and what mining entails, you’re ready to dig into the specific articles below. Whether you’re looking for a step‑by‑step guide on using CoinMarketCap, a deep dive into custody security, or a beginner‑friendly explanation of mining hardware, the collection has you covered. Let’s move on to the detailed posts that will expand each of these topics with real‑world examples and actionable tips.
Web3 demystified: learn how the decentralized web works, its core tech, real crypto use cases, benefits, challenges, and a simple starter checklist for beginners.
Continue Reading