From Web 1.0, marked by read-only static web pages, to our current version of Web 2.0, innovation is a constant theme in the tech sector.

Despite whatever hyperbolic predictions you may have heard, Web 3.0 and blockchain are real technologies, and businesses of all types and sizes need to know about and prepare for them.

This quick glossary, written by Mark W. Kaelin for TechRepublic Premium, will introduce and explain 30 concepts and terms vital to understanding Web 3.0 and the technology that drives and supports it.

Featured definition from the glossary:

Consensus mechanism

Algorithm used in distributed systems to establish an agreement on the state of the network, such as account balances and order of transactions. This mechanism ensures all network nodes are synchronized and that all the data entries and transactions are validated, legitimate and secure. The two most prevalent consensus mechanisms in blockchain are proof-of-work and proof-of-stake.

Enhance your Web 3.0 knowledge with our in-depth nine-page PDF glossary. Previously priced at $49, this is now available for download at just $9. Alternatively, enjoy complimentary access with a Premium annual subscription. Click here to find out more.

TIME SAVED: Crafting this content required 20 hours of dedicated writing, editing, research and design.