Knowledge Base

Web2 is the current internet where platforms own your data (Facebook, Google). Web3 is the decentralized internet where you own your data, identity, and assets through blockchain technology.

Not at all! Our courses are designed for absolute beginners. We explain everything in simple terms without requiring any technical background.

No. Blockchain is the technology (a decentralized ledger), while cryptocurrency is one application of that technology (digital money). Blockchain can be used for many things beyond currencies.

In most countries, yes. However, regulations vary. Some countries have banned it, while others have embraced it. Always check your local laws.

You can use exchanges like Coinbase or Binance. Create an account, verify your identity, and purchase with bank transfer or card. Start with small amounts while learning.

A wallet stores your cryptocurrency. For beginners, exchange wallets are fine. As you learn more, you may want a personal wallet like MetaMask (hot) or Ledger (cold) for better security.

The European Central Bank is targeting 2027-2028 for a potential launch. It's currently in the 'preparation phase' after completing the investigation phase in 2023.

Central banks claim CBDCs will complement cash, not replace it. However, many privacy advocates are concerned this could eventually lead to a cashless society.

No. CBDCs are centrally controlled by governments, while Bitcoin is decentralized with no central authority. CBDCs can be censored and monitored; Bitcoin transactions are pseudonymous.

Red flags: promises of guaranteed returns, pressure to act fast, requests for your seed phrase, unsolicited offers, and projects with anonymous teams. If it sounds too good to be true, it is.

Unfortunately, blockchain transactions are irreversible. Document everything, report to authorities and the platform involved, and warn others to prevent more victims.

For beginners with small amounts, it's convenient. But 'not your keys, not your crypto' - for larger amounts, use a personal wallet where you control the private keys.