What is Decentralized Finance (DeFi)?
What is DeFi? The advent of public blockchain networks like Ethereum have enabled peer-to-peer transactions of value to be executed programmatically based on a set of conditions through “smart contracts”, which are simply pieces of code that are deployed and executed on the blockchain. Applications built with smart contracts are colloquially called decentralized applications, or ‘dapps’ for short, and have been a major catalyst for the increasing exploration of cryptocurrency, or digital curr...
What is Decentralized Finance (DeFi)?
What is DeFi? The advent of public blockchain networks like Ethereum have enabled peer-to-peer transactions of value to be executed programmatically based on a set of conditions through “smart contracts”, which are simply pieces of code that are deployed and executed on the blockchain. Applications built with smart contracts are colloquially called decentralized applications, or ‘dapps’ for short, and have been a major catalyst for the increasing exploration of cryptocurrency, or digital curr...
