Blockchain Basics

100 Must-Know Blockchain Basics for Beginners, by CryptoJamz.com: Unlock the Future of Web3.

Learn the Blockchain and Crypto Basics, the Easy Way!

  BLOCKCHAIN BASICS

Introduction:

If you're new to crypto or just looking to brush up on essential terminology, this guide to blockchain basics breaks everything down in plain English. We’ll cover the top crypto terms, explain Web3 fundamentals, and give you a rock-solid starting point to navigate the future of decentralized technology.

Whether you're exploring your first crypto wallet or wondering what makes a blockchain network secure and transparent, this post will help you understand crypto with clarity and confidence.

Table of Contents:

  • Blockchain Basics
  • Intro to Crypto and Blockchain Technology
  • Understanding Blockchain Technology
  • What is Blockchain Web3
  • Explaining Blockchain to others
  • Simple Blockchain Explanations to use at gatherings
  • Taking your Blockchain Knowledge to the NEXT Level

understanding blockchain technology

🧊 Blockchain Basics? πŸ”—

πŸ”— What Is Blockchain?

Blockchain is a digital ledger that records transactions across a network of computers in a way that’s secure, transparent, and nearly impossible to alter.

Each β€œblock” contains a list of transactions, and once it’s full, it links to the previous blockβ€”creating a chain. This decentralized structure means no single person or organization controls the data, making it tamper-resistant and trustless by design.

βœ… Why It Matters:

  • Enables cryptocurrencies like Bitcoin and Ethereum
  • Powers Web3 applications like DeFi, NFTs, and smart contracts
  • Removes the need for third-party middlemen (banks, brokers, etc.)
  • Every participant (node) can verify the data for themselves

Think of it like a shared Google Sheet that no one can erase, and everyone can trustβ€”because the math keeps it honest.

person holding sticky note

πŸ” Intro to Crypto and Blockchain Technology

πŸ”— A Basic Rundown...

Then we will get to the "So Simple a 10 Year Old could Understand it!

In today’s digital-first world, understanding cryptocurrency and blockchain technology is no longer optionalβ€”it’s essential. From decentralized finance (DeFi) and non-fungible tokens (NFTs) to smart contracts and tokenized assets, the crypto revolution is reshaping how we interact with money, data, and digital ownership.

At the core of it all is blockchain, the foundational technology that powers most cryptocurrencies. Think of it as a secure digital ledger that records transactions in real time across a distributed network. Unlike traditional banking systems that rely on centralized servers, blockchain is decentralized, meaning no single entity controls it. This not only enhances transparency but also makes the system more resistant to fraud, censorship, and manipulation.

So, what exactly is cryptocurrency? In simple terms, it's a digital asset that uses cryptographic security to function as a medium of exchange. Bitcoin, Ethereum, and newer tokens like $SUI are examples of cryptocurrencies that operate on blockchain networks. These digital currencies are borderless, programmable, and often offer faster, cheaper, and more secure transactions than legacy financial systems.

One of the biggest shifts crypto brings is the concept of self-custody. With tools like wallets, users can hold their own assets without relying on a third-party bank. This is a game-changer for financial sovereignty and one of the key reasons crypto is gaining traction globallyβ€”especially in regions where traditional banking systems are limited or unstable.

But blockchain isn't just about money.

It’s also a launchpad for Web3, the next evolution of the internet. Web3 leverages blockchain to create decentralized applications (dApps) that give users more control over their data, identity, and digital assets. Instead of being the product (as we are in Web2), users become active participants and even stakeholders in the networks they use.

From DeFi lending platforms that earn passive yield to NFT-based digital art that proves ownership on-chain, the use cases for blockchain are growing fast. Even major enterprises, governments, and financial institutions are exploring blockchain for everything from supply chain transparency to tokenized real estate.

If you’re new to this space, start with the basics:

  • Understand how blockchain works
  • Learn how to set up a crypto wallet
  • Explore trusted platforms and ecosystems (like the SUI Network)
  • Stay informed with educational tools like CryptoJamz.com

Whether you're a curious beginner or an entrepreneur exploring Web3 opportunities, diving into crypto and blockchain technology is a smart move. The tools and knowledge you gain now could shape your career, your finances, and your future.

πŸ‘‰ Understanding Blockchain Technology

Before diving deeper, it’s essential to understand what makes blockchain technology so revolutionary. At its core, it's a shared digital ledger that powers decentralized networks, enabling trust without middlemen. For crypto beginners, grasping these blockchain basics is the first step toward navigating the world of Web3 with confidence.

Let’s break it down simplyβ€”because the future of the internet is being built, block by block.

Come On, Let's Keep Going ↓

πŸ‘‰ What is Blockchain Web3

Blockchain Web3 refers to the next evolution of the internetβ€”built on decentralized technologies like blockchainsβ€”that empowers users with ownership, transparency, and control over their digital interactions. Unlike Web2, where centralized platforms own your data and dictate the rules, Web3 uses blockchain to shift power back to the users, enabling trustless transactions, programmable money (via smart contracts), and community-governed ecosystems.

At its core, Blockchain Web3 combines:

  • πŸ”— Blockchain Infrastructure – immutable, distributed ledgers for data and value

  • 🧠 Smart Contracts – self-executing code that removes the need for middlemen

  • πŸͺ™ Tokens and Crypto – digital assets that fuel participation, rewards, and governance

  • πŸ‘₯ Decentralized Apps (dApps) – user-owned platforms that replace traditional web services

Whether you’re trading crypto, minting NFTs, using DeFi, or building the next great protocolβ€”Web3 is blockchain in action.

Sui Network - Logo White
WEB3 Web 3.0

πŸ§‘β€πŸ« Explaining Blockchain to others (1.)

Here’s my full-blown β€œHow To Explain the Blockchain to Others” module.

Great for Newbie Groups, onboarding guides, or even social media content. (Feel FREE to SWIPE)

It Includes:

βœ… The 1st statement to make

βœ… Best practices for explaining it clearly

βœ… A simplified (but not overly childish) β€œEasy Mode” explanation

🧠 How To Explain Blockchain to Others (Without Losing Them) (2)

πŸ₯‡ First Statement:

Blockchain is like a digital notebook that everyone can see, but no one can erase or change...

β€” and it keeps a perfect record of every transaction ever made.

πŸ” Best Practices for Explaining Blockchain:

  1. Start With Everyday Analogies
    Use something familiar β€” spreadsheets, ledgers, or Google Docs.
  2. Avoid Jargon (At First)
    Don’t mention hash rates or consensus mechanisms until they ask.
  3. Focus on Trust + Transparency
    Emphasize that blockchain removes the need for middlemen.
  4. Show Use Cases, Not Tech
    People care about what it does, not how it does it.
  5. Tailor to Their Interest
    • Business-minded? Talk logistics/supply chain.
    • Finance-savvy? Show DeFi examples.
    • Creatives? Cue up NFTs/digital art.
    • Skeptical? Highlight real-world problems it solves.

πŸ”“ Easy Mode Explanation (Clean, No Fluff)

Blockchain is a shared digital database. Instead of being stored in one place like a bank or company server, it lives on many computers at once.

Every time someone sends crypto, signs a contract, or makes a transaction, it’s written into this database β€” and everyone on the network gets a copy.

Once written, it can’t be changed or deleted, which makes it incredibly secure and trustworthy.

Because of this, people can do business directly with one another, without needing banks, brokers, or middlemen to manage it. That’s why it’s often called a β€œtrustless” system β€” because you don’t need to trust anyone except the technology itself.

πŸš€ Taking Your Blockchain Knowledge to the Next Level

Once you understand the fundamentals of blockchain β€” what it is, how it works, and why it matters β€” the next step is to level up from passive knowledge to active insight. The blockchain space evolves fast, and staying ahead requires more than just watching from the sidelines.

Let’s walk through how to take that next leap. I'll use myself (David) as an example β€” and then break down other entry points for those on the rise.

Here’s how I took my understanding to the next level:

  • Stumbled into Buying $BTC & ETH in 2017 - To BUY Trash Coins that never did anything. (Early ICOs)
    • If I only had ALL of the $BTC & $ETH I bought for GARBAGE ... (fortunately, I did keep some DUST that turned into PILES of Dirt) 🀣
  • Dived into DeFi, running supply/borrow loops on protocols like Navi and SuiLend
  • Created content to explain and simplify the tech β€” not just for others, but to reinforce my own understanding
  • Engaged on X (formerly Twitter) with founders, protocols, and thought leaders in real time
  • Launched CryptoJamz.com to serve as a home for education, analysis, and strategy
  • Focused on ecosystems like SUI, where the on-chain experience matched the innovation narrative

πŸ‘‰ The point? The more I used the blockchain, the more I understood it.

The EASIEST Way is Google, ChatGPT, YouTube... "ASK and You Shall Receive"

πŸ“š 5 Ways You Can Level Up Your Blockchain Game

  1. Get a Self-Custody Wallet & Use It
    Start with MetaMask, Trust Wallet, or a SUI-native wallet like Surf or Ethos. Actually send, receive, and swap tokens. Hands-on is the fastest teacher.
  2. Experiment With DeFi Protocols
    Try lending, supplying, and swapping tokens on decentralized exchanges like Uniswap, Bluefin, or NAVI. Even $10 in a protocol teaches more than 10 hours of YouTube.
  3. Follow Smart People on X (Twitter)
    Curate your feed. Look for accounts that post TA (technical analysis), DeFi strategy, project breakdowns, and ecosystem updates.
  4. Read Ecosystem-Specific Content
    Instead of bouncing between hype coins, study one chain deeply (e.g., SUI, Solana, Base). Follow their forums, documentation, and sub-communities.
  5. Join a Crypto Community or Discord
    Look for groups tied to protocols or platforms you're curious about. Ask questions. Lurk. Participate. Crypto culture is learned as much as it’s read.

🧩 Bonus: Build as You Learn

Even if you're not a developer, you can:

  • Start a blog
  • Create visual explainers on Canva
  • Record Loom videos breaking down topics
  • Help others get onboarded to wallets or protocols

Teaching is LEARNING. Once you start explaining things in your own words, gaps get filled fast.

WALRUS PROTOCOL - FEATURE COMPARISON TABLE

πŸ‘†Click Image to EXPAND for Better Viewing

Blockchain Basics by CryptoJamz.com

You can also FOLLOW our "Blockchain Basics" Post Series and Subscribe to our FREE Newsletter.

The "BLOCKCHAIN BASICS" Post Series will be DISPLAYED here via our SOCIAL POST "Feed" and we will be ADDING a NEW Section to this POST with each NEW Post in the Series.


David Jamison, CryptoJamz, SocialCheese

About: David Jamison @SocialCheese  + @CryptoJamzUSA

πŸ›  Crypto DeFi Degen | Crypto Trader / Investor | $SUI Maxi

πŸ”₯ Crypto Insider | Crypto Chartist / T.A. Expert (Tradingview)

πŸ“ˆ Founder of CryptoJamz.comπŸ’Ž Deep Dives on $SUI, DeFi, RWAs, & Emerging Alphas

πŸͺ™ BASE Ecosystem Insights πŸ’° 100x Gems | Deep Dives | Yield Strategies

πŸ“ Follow for: Daily Market Insights, Airdrops & Hidden Narratives

🧡 Threads, Alpha Calls & Trading Strategies

πŸ“© DM for collabs | πŸ‘‡ FREE Alpha πŸ‘‡

πŸ”— LinkTree.com/SocialCheese  β†’ FREE Newsletter!

X Article on "Blockchain Basics" https://x.com/SocialCheese/


πŸ“–πŸ”– MORE Blockchain Reading & Resources:

Why SUI Infrastructure Is the Hidden Power Play You Need to Understand
SUI Ecosystem - Build a Better Crypto Mouse Trap 3-2025 Feat_Img
Walrus Protocol, What's NEW? QUILT Web3 Storage. The Smart Upgrade Built for SUI #Infra as a Filecoin Alternative. A Better Decentralized Storage Solution for 2025 and Beyond.

RESOURCES:

CryptoJamz.com Social Media - Follow Page Featured Image

"Blockchain Basics" Videos:


Want a CHEAT / Quick "BRAIN 🧠🀯 LOAD"?

βœ… First 10 "Blockchain Basics" Post Topics

These were the initial β€œbite-sized basics” designed for our Social Media Audience.

  1. What Is a Blockchain?
  2. What Is a Wallet? (Hot vs Cold)
  3. What Is a Smart Contract?
  4. Public vs Private Keys
  5. What Is a Transaction Hash?
  6. What Is Gas (Fees)?
  7. What Is a Node?
  8. What Is an NFT?
  9. What Is a Token vs a Coin?
  10. What Is a DEX vs a CEX?

Easy enough to Google, or Ask ChatGPT. Better FOLLOW ME on Social Media and Search for the Posts. πŸ‘‰ Visit my Social Media Page


πŸ”₯ Extended List: Blockchain Basics Deep-Dive

 (Full Version β€” Up to 100 Topics)

Here’s the expanded core list (cleaned and alphabetized for reference). Perfect for your Reference, Read and Google. This will be our Comprehensive POST List for Future. Spoiling It? Maybe, but it is about helping you accelerate your learning within the Blockchain Space. 

🧠 Blockchain & Crypto Concepts (Core Topics)

  1. Account Abstraction
  2. Address (Wallet Address Explained)
  3. Airdrops
  4. AMMs (Automated Market Makers)
  5. Bear Market
  6. Block Explorer
  7. Block Height
  8. Blockchain
  9. Blockchain Bridge
  10. Blockchain Forks
  11. Blockchain Governance
  12. Bull Market
  13. Chainlink Oracles
  14. Cold Wallet
  15. Consensus Mechanism (PoW, PoS, etc.)
  16. Cross-Chain
  17. Crypto Mining
  18. Crypto Wallet
  19. DApps (Decentralized Applications)
  20. DAO (Decentralized Autonomous Organization)
  21. DCA (Dollar Cost Averaging)
  22. Decentralization
  23. DEX
  24. Digital Signature
  25. DYOR (Do Your Own Research)

πŸ’Έ Finance & DeFi

  1. DeFi
  2. DEX Liquidity Pools
  3. Flash Loans
  4. Gas Fees
  5. Governance Tokens
  6. Impermanent Loss
  7. Liquidity Mining
  8. Liquidity Pool (LP)
  9. On-Chain vs Off-Chain
  10. Rebase Tokens
  11. Slippage
  12. Stablecoins (USDC, DAI, etc.)
  13. Supply & Borrow Loop
  14. TVL (Total Value Locked)
  15. Yield Farming

πŸ“¦ Tokenomics & Assets

  1. Altcoin
  2. Coin vs Token
  3. Fully Diluted Valuation (FDV)
  4. Inflationary vs Deflationary
  5. Market Cap
  6. Max Supply vs Total Supply
  7. Meme Coin
  8. NFT
  9. Tokenomics
  10. Utility Tokens

πŸ” Security & Identity

  1. 2FA (Two-Factor Authentication)
  2. Cold Storage
  3. Ledger/Trezor Devices
  4. Multi-Sig Wallets
  5. Private Key
  6. Public Key
  7. Rug Pull
  8. Seed Phrase
  9. zkProof / zkRollup
  10. zkLogin (Specific to SUI)

βš™οΈ Protocols & Infrastructure

  1. Layer 1 vs Layer 2
  2. LayerZero (Omnichain Interop)
  3. Modular vs Monolithic Blockchains
  4. Move Language (SUI, Aptos)
  5. Node
  6. Oracle
  7. Rollup
  8. Validator
  9. Virtual Machine (EVM vs SVM vs MoveVM)
  10. Wormhole Bridge

πŸ“ˆ Trading & Investing

  1. ATH / ATL
  2. Bearish Divergence
  3. Bullish Breakout
  4. Buy the Dip
  5. Degen
  6. Entry/Exit Strategy
  7. FOMO / FUD
  8. Paper Hands / Diamond Hands
  9. Pump and Dump
  10. Support & Resistance

🧩 Culture & Memes

  1. CT (Crypto Twitter)
  2. Flippening
  3. GM / GN
  4. HODL
  5. Normies
  6. NGMI / WAGMI
  7. PFP
  8. Roadmap
  9. Shill
  10. Wen Token? / Wen Moon?

πŸ› οΈ Tools & Tracking

  1. DEXScreener
  2. CoinGecko / CoinMarketCap
  3. TradingView
  4. MetaMask
  5. WalletConnect
  6. Dune Analytics
  7. Etherscan
  8. Revoke.cash
  9. DeFiLlama
  10. SuiVision

cryptojamz.com


David Jamison @SocialCheese on X.com
Founder of CryptoJamz.com
Crypto Educator, Trader / Investor.
info@cryptojamz.com

David Jamison

related posts:

July 28, 2025

Walrus Protocol – QUILT Web3 Storage. The Smart Upgrade Built for SUI #Infra as a Filecoin Alternative. A Better Decentralized Storage Solution for 2025 and Beyond.

June 23, 2025

SUI, the Hidden Powerplay: Explore how SUI is Redefining Blockchain Infrastructure with Native Composability and Real On-Chain DeFi β€” Not just L1 Hype… $SUI $DEEP $WALRUS $NS + More!

May 26, 2025

12 Powerful SUI Network DeFi Platforms Fueling the Next Wave of Dynamic Crypto Growth in 2025!

May 18, 2025

Toilet Dust on SUI Network: The Relentless Meme Coin That Refuses to Be Flushed 🚽 $TOILET May 2025

May 7, 2025

$VRAM – Unlocking the Future: VRAM AI Agents Thrive on SUI Testnet. TGE Launch Spring 2025

April 24, 2025

DeepBook on SUI: The Ultimate Guide to $DEEP, DeFi Infrastructure, and Trading Innovation in 2025

April 21, 2025

The Ultimate SUI Ecosystem Deep Dive: Top 10 + Projects Powering the Future of Crypto

April 15, 2025

SUI Network vs. Solana: πŸ₯ŠπŸ₯Š The Ultimate, Groundbreaking 🧠 Deep Dive Blockchain Comparison (2025) πŸ—“οΈπŸ—“οΈ

April 10, 2025

🧠 The Game-Changing Role of Crypto KOL / Influencers: Dominate the Market & Rise as a Power Player in 2025 πŸ—“οΈ

April 5, 2025

Is IKA New Game-Changing, Cross-Chain, Native Infrastructure on the SUI Ecosystem in 2025?

March 31, 2025

SUI Network: How the Most Advanced Blockchain Is Building a Better Crypto Mousetrap in 2025! The Five to Thrive: $SUI, $WAL, $DEEP, $IKA, $NS

March 22, 2025

5 Powerful Reasons DeepBook Is Revolutionizing DeFi on the Sui Network in 2025 and Beyond!

March 20, 2025

πŸ”₯$WAL.X – Walrus Protocol, Unleash the Power of Decentralized Storage on the SUI Network & Beyond in 2025!

March 13, 2025

πŸ”₯ Unlock the Ultimate Sui DeFi Arbitrage Loop for Insane Passive Income in 2025! πŸš€
{"email":"Email address invalid","url":"Website address invalid","required":"Required field missing"}

Get in Touch