LATEST
-
How DeFi is ready to power its way beyond investment and speculation
-
The Latest with Hypersign
-
Polygon houses 37,000 Decentralized Apps
Crypto news
-
How DeFi is ready to power its way beyond investment and speculation
+INFO -
The Latest with Hypersign
+INFO -
Polygon houses 37,000 Decentralized Apps
+INFO -
New Fidelity ETFs to offer Access to Metaverse and Crypto Industries
+INFO -
Government Set Out To Make the UK a global Crypto Asset Technology Hub
+INFO -
The New DeFi Support Structure: BNB to Boost Treehouse
+INFO -
Stargate Builds a Double Exhaust for Bridges
+INFO -
Solana to Replace Ethereum in Blockchain Gaming
+INFO
In the late 2000s, an anonymous fellow named Satoshi Nakamoto proposed a system based on some previous research projects. Satoshi authored the now famous ‘Bitcoin: A Peer-to-Peer Electronic Cash System’ whose stated goal was to create a new electronic cash system” that was “completely decentralized with no server or central authority.”
Cryptocoins
Decentralized finance (DeFi) offers financial instruments without relying on intermediaries such as brokerages, exchanges, or banks. Instead, it uses smart contracts on a blockchain. DeFi platforms allow people to lend or borrow funds from others, speculate on price movements on assets using derivatives, trade cryptocurrencies, insure against risks, and earn interest in savings-like accounts.