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Explore 4+ clear, technical, and objective definitions defining the decentralized future.
A block is a structured collection of blockchain data, usually containing a batch of transactions and information connecting it to previous blockchain history.
A token is a digital asset created and managed through an existing blockchain rather than operating on its own independent blockchain. Tokens can represent value, voting rights, access rights, stablecoins, securities, game items, or many other forms of digital ownership.
A modular blockchain is one that separates the core functions of a blockchain — execution, settlement, consensus, and data availability — into distinct, swappable layers. This is the opposite of a monolithic blockchain (like Solana) where all functions are handled by a single chain.
A blockchain is a decentralized digital ledger that records transactions in blocks, links those blocks together, and makes the record difficult to alter.