Plain-English words

Glossary

AI and Web3 words in plain English. Search for a term or filter by topic.

All terms

41 terms

A

AI agent AI

An AI tool that can take steps for you, such as searching, filling in forms, or booking, instead of only answering questions.

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AI assistant AI

A chat tool you can type or talk to in everyday language to get help with questions, writing, and planning.

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Algorithm AI

A set of step-by-step instructions a computer follows to do a task.

Artificial intelligence (AI) AI

Software that can do tasks we usually link with human thinking, like recognising speech, spotting patterns, or writing text.

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B

Bias (in AI) AI

An unfair pattern in an AI's results, often caused by one-sided examples in the data it learned from.

Bitcoin Web3

The first and best-known cryptocurrency, a digital money system with no bank or central company.

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Blockchain Web3

A shared digital record book kept by many computers, where new entries are added in order and are very hard to change.

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C

Crypto exchange Web3

A website or app where people buy, sell, or swap crypto. Exchanges are companies, and they hold your assets for you unless you move them to your own wallet.

Cryptocurrency Web3

Digital money that uses a blockchain to record who owns what.

D

DAO Web3

A decentralized autonomous organization: a group that makes decisions together using shared rules and online voting.

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Data protection Safety

The habits and rules that keep personal information safe, accurate, and used only as intended.

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Decentralized Web3

Spread across many computers or people instead of controlled by one company or place.

Decentralized application (dApp) Web3

An app whose back end runs on a blockchain network instead of one company's servers.

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Deepfake Safety

A fake image, video, or voice made with AI to look or sound like a real person.

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Digital identity Web3

The information that proves who you are online, such as accounts, logins, credentials, and wallets.

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Digital ownership Web3

Having proof that a digital item, such as a ticket or collectible, is yours.

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E

Ether (ETH) Web3

The coin of the Ethereum blockchain, used to pay fees for actions on the network.

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Ethereum Web3

A blockchain that can run small programs called smart contracts, so it supports apps as well as digital money.

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F

Fine-tuning AI

Giving an existing AI model extra training on a specific kind of material so it does one job better.

G

Gas fee Web3

A small charge paid to have a transaction processed on some blockchains, like Ethereum.

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Generative AI AI

AI that creates new content, such as text, images, audio, or code, from a prompt.

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H

Hallucination AI

When an AI gives an answer that sounds sure but is false or made up.

Hardware wallet Web3

A small physical device that keeps your wallet keys offline.

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L

Language model (LLM) AI

An AI model trained on very large amounts of text to understand and produce language. Chat assistants are built on them.

M

Machine learning AI

A way of building software that learns from examples instead of following only fixed rules.

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N

NFT Web3

A non-fungible token: a unique digital item recorded on a blockchain that can show who holds it.

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P

Phishing Safety

A trick that uses fake messages or websites to get you to share passwords, codes, or recovery phrases.

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Ponzi scheme Safety

A scam that pays early members with money from newer members and collapses when new money stops coming in.

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Private key Web3

A secret that proves you can approve actions for a wallet. It must never be shared.

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Prompt AI

The instruction or question you give an AI tool.

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Public key Web3

A code, linked to your private key, used to create a wallet address. It is safe to share.

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R

Recovery phrase Safety

A list of words that can restore a crypto wallet. Anyone who has it can take everything in the wallet.

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Rug pull Safety

A scam where the creators of a crypto project take people's money and disappear.

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S

Self-custody Web3

Holding your own keys, so you control your assets directly instead of relying on a company to hold them.

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Smart contract Web3

A small program on a blockchain that runs on its own when set conditions are met.

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Stablecoin Web3

A crypto token designed to stay close to the value of something steadier, such as a national currency. Some work better than others.

T

Token Web3

A digital item recorded on a blockchain. It can stand for money, a ticket, a vote, or access to something.

Training data AI

The examples an AI model learns from.

Two-step login (2FA) Safety

A second check, such as a code from an app, that you pass after your password. It protects you if your password leaks.

W

Wallet (crypto) Web3

An app or device that holds the keys to your digital assets and lets you approve transactions.

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Web3 Web3

A way of building online services where users can have more control and ownership, often using blockchains.

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