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What is the Blockchain?
What is the Blockchain?
Blockchain
nounblock·chain
: a digital database containing information (such as records of financial transactions) that can be simultaneously used and shared within a large decentralized, publicly accessible network
also : the technology used to create such a database
What is an NFT?
What is an NFT?
Non-Fungible Token
nounnon-fun·gi·ble token
plural non-fungible tokens also nonfungible tokens
: a unique digital identifier that cannot be copied, substituted, or subdivided, that is recorded in a blockchain, and that is used to certify authenticity and ownership (as of a specific digital asset and specific rights relating to it)
also : the asset that is represented by a non-fungible token
abbreviation NFT
What is Cryptocurrency?
What is Cryptocurrency?
Cryptocurrency
nouncryp·to·cur·ren·cy
: any form of currency that only exists digitally, that usually has no central issuing or regulating authority but instead uses a decentralized system to record transactions and manage the issuance of new units, and that relies on cryptography to prevent counterfeiting and fraudulent transactions
Read more on Crypto from Securities and Exchange Commission (SEC)
Bitcoin
Bitcoin
Bitcoin "was designed as a digital currency that operates independently of any central authority. Bitcoin is sometimes referred to as digital gold due to its perceived scarcity and durability. It primarily serves as a store of value and a medium of exchange, facilitating transactions without the need for a central authority."
Ethereum
Ethereum
Ethereum "is a decentralized platform that enables the development and execution of smart contracts and decentralized applications (dapps), with its native digital asset, Ether, being used to power these operations. Ethereum allows for transactions that contain executable code, enabling the creation of smart contracts and dapps."
OpenSea
OpenSea
OpenSea is a non-fungible token (NFT) marketplace that offers users the ability to buy, sell, create, and trade NFTs.
It is the largest NFT trading platform, with more than three million active users and a daily trading volume of about $4.5 million as of January 2024.
How to Create an Account
Decentralized Networks
Decentralized Networks
What is DeFi, and how does it work?
Decentralized finance, or DeFi, is an emerging network of peer-to-peer financial services that uses blockchain technology to facilitate lending, borrowing, staking, and trading.
Advocates believe DeFi may revolutionize the traditional financial system by cutting out intermediaries like banks and credit card companies.
Global Environmental Impact
Global Environmental Impact
Blockchain data management is causing negative environmental impacts due to the high energy consumption needed to solve complex algorithms for transactions.
At EONN, we collaborate to reduce the eco-footprint of blockchain transactions by relying on solar and wind power.
Our Direct Support
Our Direct Support
EONN LLC directly engages in carbon neutral crypto transactions by supporting frameworks for sustainable mining and transaction encryption.
Wind Mining
Solar Mining
"Energy cannot be created or destroyed, it can only be changed from one form to another."
"Energy cannot be created or destroyed, it can only be changed from one form to another."
-Albert Einstein
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