Glossary-W
W
WAGMI
- Acronym - We're All Gonna Make It
Wallet
- In the context of web3, an application or device used to store and manage cryptographic keys and the digital assets they control.
Wallet Address
- A unique identifier that may be shared publicly to facilitate the exchange of cryptocurrencies, tokens, and other digital assets.
- See also: #Public Address, #Public Key, #Wallet
Web1
- The first iteration of the internet, characterized by static websites that only displayed information with little or no opportunity for users to interact or generate content.
- The "read-only" web.
Web2
- The second generation of the internet, characterized by an emphasis on user interaction and collaboration.
Web3
- The current evolution of the internet, characterized by an emphasis on decentralization and user ownership and control over their data and digital identities.
- See also: #Web1, #Web2, #Web3 Domains
Wei
- The smallest denomination of Ether, 0.000000000000000001 ETH (1/1,000,000,000,000,000,000).
- Named after cypherpunk and cryptocurrency pioneer, Wei Dai.
Wen
- Slang
- Intentional misspelling of "when."
Whale
- Slang
- An individual that holds a significant amount of cryptocurrency or NFTs.
Wrapped Ether
- A tokenized version of Ether that solves the interoperability issue between Ether and apps that primarily support ERC-20 tokens, enhancing liquidity and expanding the functionality of Ether within the DeFi ecosystem.
- See also: #ETH, #Ethereum, #Wrapped Token
Wrapped Token
- A digital asset that represents an asset from a different blockchain or token standard. The original asset is locked in a smart contract, and the equivalent is created on the target blockchain in the relevant format, allowing for greater interoperability between previously non-compatible assets.
- See also: #Ethereum, Wrapped Ethereum