Understanding volatility is crucial in DeFi. It basically describes how much and how quickly the price of a DeFi asset fluctuates. Low volatility means prices are stable; high volatility means prices can change rapidly and significantly.
Who holds the keys to your Web3 treasures? It's a fundamental question when choosing a crypto wallet! Web3 Mummy demystifies Custodial vs. Non-Custodial wallets, offering a simple analogy to help you understand the levels of control and responsibility involved. (Remember, this is for informational purposes – your digital safety is paramount.)
Understanding how blockchains secure their networks is key to navigating the Web3 world. Two prominent methods are Proof of Work (PoW) and Proof of Stake (PoS). Think of them as different ways a digital neighborhood ensures everyone agrees on what's happening. Join Web3 Mummy as we explore the mechanics and differences between these vital consensus mechanisms.