# Glossary

**Internet Evolution and Structure:**

1. **Web2**: Also known as the social web, Web2 refers to the second stage of the internet that involves user-generated content, social networking, and interactivity.
2. **Web3**: The next generation of the internet, often referred to as the decentralized web, that leverages blockchain technology to create a more transparent, secure, and user-centric online experience.

**Blockchain and Cryptocurrency Terms:**

3. **Blockchain**: A type of distributed ledger that records transactions across many computers in such a way that the recorded transactions cannot be altered retroactively.
4. **Decentralized**: A system where no single entity has control, and authority and decision-making are distributed across the network. This is a key feature of blockchain networks.
5. **Centralization**: The concentration of control or authority in a single central point or entity. Opposite of decentralization.
6. **Protocol**: In computing, a protocol is a set of rules or procedures for transmitting data between devices. In blockchain, it refers to the underlying rules that govern how the blockchain operates.
7. **Token**: In the context of blockchain, a token represents a unit of value issued by a project. Tokens can serve various purposes within the blockchain ecosystem they belong to.
8. **NFT**: Stands for Non-Fungible Token. These are unique digital assets on the blockchain that can represent ownership or proof of authenticity of a wide range of tangible and intangible items.
9. **DAO**: Stands for Decentralized Autonomous Organization. It's an organization represented by rules encoded as a computer program that is transparent, controlled by the organization members and not influenced by a central government.
10. **Polygon Blockchain**: A framework for building and connecting Ethereum-compatible blockchain networks, providing scalable solutions and interoperable blockchain infrastructure.
11. **Token Supply**: Refers to the total amount of tokens that exist for a particular cryptocurrency or project.
12. **Bonding Curve:** A mathematical curve that defines a relationship between price and token supply. It's used in decentralized finance to create automated, predictable pricing mechanisms for tokens.

**Social Media and Gamification:**

13. **Shadow Banning**: A practice where a user's posts are blocked or made less visible to others without the user being notified.
14. **Gamification**: Gamification is the process of adding game-like elements to non-game activities. It's used to make these activities more enjoyable and engaging, encouraging people to participate more.

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