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ARTICLE · 14 MARCH 2022

Blockchain bricks and crypto cathedrals: a breakdown of the key terms

The article explains key terms and concepts to help piece together a framework to engage in crypto conversations.

AustraliaTechnology

There's a saying in improv: "Bring a brick, not a cathedral".

While improv and the wonderful world of crypto aren't comparable, the saying is a good reminder that you don't need to "know it all" to participate in the crypto conversation.

Talk of "blockchain" and "cryptos" isn't new, but the voices are becoming more mainstream and credible. What was once thought of as a dangerous, scam-ridden fad is now being taken on by banks and governments around the world. And, while it may not yet be clear just how blockchain technology and its various applications will become part of our day-to-day lives, its various applications and the infrastructure being built to facilitate it will become ubiquitous in the coming years.

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