How To DeFi? A brief breakdown
Decentralized Finance (DeFi) is a new financial technology that uses secure distributed ledgers similar to those used by cryptocurrencies. DeFi challenges the centralized financial system by empowering individuals with peer-to-peer transactions. The components of DeFi are cryptocurrencies, blockchain technology, and software that allow people to transact financially with each other. DeFi is still in its infancy and subject to hacks and thefts because of sloppy programming and a lack of securi...
How To DeFi? A brief breakdown
Decentralized Finance (DeFi) is a new financial technology that uses secure distributed ledgers similar to those used by cryptocurrencies. DeFi challenges the centralized financial system by empowering individuals with peer-to-peer transactions. The components of DeFi are cryptocurrencies, blockchain technology, and software that allow people to transact financially with each other. DeFi is still in its infancy and subject to hacks and thefts because of sloppy programming and a lack of securi...
