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Topics - Judith_Lance

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Advertise Your Stuff / Lootex - NFT Marketplace
« on: January 14, 2022, 03:44:14 PM »
Hey there, I suggest you to Lootex, Lootex is NFT marketplaces where you could trade NFT's. They have very simple interface and easy to understand website. I believe they will be huge in this year!

2
Advertise Your Stuff / IOEN - Clean energy for earth
« on: December 04, 2021, 06:16:52 PM »
Hey guys, I'm planning to invest on IOEN,it's a really interesting project that aiming to solve energy crisis and make our planet a better place,any thought about IOEN?

3
Cryptocurrency Price Speculations / $DRF price analysis.
« on: November 11, 2021, 01:47:04 PM »
Drife is a decentralized ride-hailing platform aims at empowering both the driver and rider community .Drife is the first platform in this niche to express the full features of the decentralized ride-hailing economy.
This topic was opened to talk about $DRF, which is Drife's token.I look forward to the thoughts of people who are interested in $DRF and are considering it.

4
Cryptocurrency Price Speculations / PDEX coin/token analysis.
« on: November 05, 2021, 03:11:35 PM »
Guys i invested in $PDEX lately and If you have any opinions about price changes, please share.
PDEX now is on Gate.io and that gives me hype.Do you think does this change volume and price?

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The decentralized applications (dApps) that spread like endless tentacles through the defi landscape allow anyone in the world to permissionlessly lend, borrow, save, trade, and more using digital assets – all they need is an internet connection and a compatible Web3 wallet. The days when one had to make an appointment with a bank manager to open an account or apply for a loan seem to belong to antiquity.

Much of the credit for defi’s meteoric rise goes to the Ethereum blockchain and its smart contracts, self-executing agreements that eliminate the need for a third party. If Ethereum represents the building where the transaction occurs, smart contracts are the name above the door: no smart contracts, no defi. For this reason, they are often described as the backbone of the industry. Yet, there’s a second and perhaps equally important piece of the infrastructure puzzle that makes defi possible: oracles.

Why Blockchain Needs Oracles?

Whether it’s lending markets, decentralized insurance products, liquidity aggregators, derivatives protocols, algorithmic stablecoins or something else, the vast majority of defi apps rely heavily on oracles, middleware entities that connect smart contracts to resources outside of their native blockchains. Without oracles, blockchains are like computers without internet access – valuable but largely impotent on the connected and interoperable front.

Often referred to as hybrid smart contracts, the combination of blockchains (immutable on-chain code) and oracles (secure off-chain data) creates a powerful synergy that sets the stage for advanced blockchain applications. Oracles enable formerly enclosed networks to consume reliable external information and interact with legacy systems, resulting in smart contracts that can react to real-world events and integrate with established business processes.

Source: https://www.forbes.com/sites/lawrencewintermeyer/2021/10/14/cryptohacks-oraclesthe-invisible-backbone-of-defi-and-applied-blockchain-apps/?sh=3ad4f620182d

[Source added]

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