Beginners Guide to Web3 | Part 1/3

The most efficient and meaningful way I've learned about crypto, NFTs, and Web3 was through YouTube, so I thought I'd share the videos that got me up to speed.

Originally I had all the content in one article, but it netted out to be over 4 hours of content to watch so split them up into 3 articles to make it a little bit easier for everyone to interpret.

Part 1 covers the basics of blockchain technology, the backbone of crypto

Part 2 covers the many different cryptocurrencies on the market

Part 3 is focused on Web3, wallets, security, NFTs & Metaverses

To kick things off, let's begin with the basics - what is crypto;?

What is a blockchain (7 mins);

What is a smart contract (4 mins);

What is a consensus mechanism (4 mins):

What is Defi (16 mins);

What is the History of Defi (18 mins):

What is Proof of Work ( 9 mins):

At this point, you should now have a good understanding of the technology that facilitates and enables cryptocurrencies & NFTs. This is the backbone of how Bitcoin, Ethereum, and every other cryptocurrency are created and work.