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description: The What and Why of Web3
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# Building Web3

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Web3 enhances the internet as we know it today with a few other added characteristics. web3 is:

* Verifiable
* Trustless
* Self-governing
* Permissionless
* Distributed
* Stateful
* Has secure, native currency and payments

[**How does a blockchain work - Simply Explained**](https://youtu.be/SSo_EIwHSd4)

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## Cryptocurrency & the Blockchain

[**How does bitcoin work?**](https://youtu.be/bBC-nXj3Ng4)

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[**Understanding Blockchain Consensus Mechanisms**](https://youtu.be/ojxfbN78WFQ)

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[**Smart Contracts – Simply Explained**](https://youtu.be/ZE2HxTmxfrI)

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