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Mining

A process of validating transactions and adding them to a blockchain ledger. In the context of Bitcoin, mining involves solving complex mathematical problems, and miners are rewarded with Bitcoin for solving these problems first. This process is called Proof-of-Work (PoW) and requires a significant amount of computational power and energy.

EVM

A decentralized runtime environment is responsible for executing smart contracts. The EVM allows developers to create decentralized applications (dApps) on the Ethereum network.

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LINK

Chainlink (LINK) is a decentralized oracle network that is crucial in bridging blockchain technology with real-world data.

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AAVE

Aave is a decentralized finance (DeFi) protocol that allows users to lend and borrow cryptocurrencies without the need for intermediaries like banks. It’s built on the Ethereum blockchain and offers a platform where users can earn interest on deposits and borrow assets in a decentralized manner.

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