Altcoins Talks - Cryptocurrency Forum

Cryptocurrency Ecosystem => DeFi tokens => Topic started by: XM8 on June 03, 2021, 04:52:58 PM

Title: What is decentralized finance (DeFi)?
Post by: XM8 on June 03, 2021, 04:52:58 PM
Cryptocurrencies have exploded into a trillion-dollar industry today, sparking a wave of worldwide financial disruption.

At the heart of cryptocurrencies is a remarkable history of innovation that goes back to the 1980s, with advancements in cryptography. Since then, a series of events have shaped crypto space; the first cryptocurrency, Bitcoin, being the most prominent. Despite its spectacular growth in the past 12 years, financial services have very slowly appeared for Bitcoin — mostly due to its inherent lack of stability and adoption. Mainstream institutions won’t accept a Bitcoin loan because of its significant price volatility — it makes Bitcoin a poor asset to plan any investment accurately.

Things change quickly in the crypto space, and decentralized finance (DeFi) is a current trend — it's an exciting space to be, undoubtedly. If you're still unaware, let’s dig a little deeper into DeFi and learn more about it.
https://hedera.com/learning/what-is-decentralized-finance?gclid=Cj0KCQjw--GFBhDeARIsACH_kdZsjr6XlvYXQ5eqCo8f0qDVNAAJPKsU8PoI5mdNUA9DLoGQ-iUKpKAaAp5pEALw_wcB (https://hedera.com/learning/what-is-decentralized-finance?gclid=Cj0KCQjw--GFBhDeARIsACH_kdZsjr6XlvYXQ5eqCo8f0qDVNAAJPKsU8PoI5mdNUA9DLoGQ-iUKpKAaAp5pEALw_wcB)