# web3 terms translated into web2

Source: https://twitter.com/EyeLordx/status/1676949655287128064

## Summary

A short glossary translates 23 web3 terms into familiar web2 equivalents. Blockchain is rendered as servers, smart contracts as apps, DAOs as communities, and wallets as accounts. Private keys are described as passwords and public keys as user names, while seed phrases are called simplified passwords. Other entries map airdrops to rewards, NFTs to media assets, gas to the costs of running servers, and sharding to scaling.

## Article

GM, web3 terms translated into web2: 

Airdrop = Rewards
Blockchain = Servers
DAOs = Communities
DEX = Marketplace
Degen = Nerd
Gas = Costs of running servers
Interoperability = Standards
Layer 1 = Internet protocol
Mainnet = Production environment
Miners & Stakers = People running servers
Minting = Publishing
NFT = Media assets
Node = Individual servers
Oracle = Data provider
Private Key = Passwords
Public Key = User names
Seed phrase = Simplified password
Sharding = Scaling
Smart contract = Apps
Testnet = Test environment
Token = Platform assets
Tokenization = Digitalization
Wallet = Account