DeFi Series 2: How was DeFi born?
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Apr 18
No technical content is created out of thin air, there must be more technical building blocks at the time of its birth to form a series of technical innovations afterwards. Blockchain and Cryptocurrency In 2008, Satoshi Nakamoto published his famous “Bitcoin White Paper”, which demonstrated a decentralized system for peer-to-peer transactions and used the blockchain as the underlying technology. The key innovation of Bitcoin is the combination of blockchain (i.e. timestamp) and Proof of Work ...
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