Altcoins Talks - Cryptocurrency Forum

Cryptocurrency Ecosystem => DeFi tokens => Topic started by: emmybd on December 23, 2020, 09:21:55 PM

Title: What is Decentralized Finance (DeFi)?
Post by: emmybd on December 23, 2020, 09:21:55 PM
DeFI, or “decentralized finance,” a term for a decentralized method of transacting through blockchains ( technology serving the bitcoin). The system isn’t particularly controlled by a single or central source, which allows the trader full authority and control over their transactions, making it as fast as they want them to be. Several entities are given the right to have the history of transactions.
 
DeFi can be more unique for blockchain uses and may be extended from simple transactions to complicated cases. In cryptocurrency trading, many assets like Bitcoin and other alternatives remove middlemen, for the extra layer of privacy. A regular credit card usually has an institution going over the transfer and recording it in their private ledgers, the institution has full power to cease or pause the transfer as well. Using bitcoin may save your transaction from being interrupted, this way.
Title: Re: What is Decentralized Finance (DeFi)?
Post by: EAA-ALLAH on December 23, 2020, 11:42:15 PM
Decentralised finance a boarderless participation systems where no thirds parties are required. Decentralised finance a open source financial services and business systems.
Title: Re: What is Decentralized Finance (DeFi)?
Post by: Jaya60 on December 24, 2020, 01:28:49 AM
What kind of transaction is decentralized finance that never requires a third party to make the transaction. Yeah Al that sounds pretty crap to me, Looks like DeFi aint for me either.
Title: Re: What is Decentralized Finance (DeFi)?
Post by: Hometown on December 24, 2020, 08:41:50 PM
Decentralized Finance ( shortly DeFI) is the finance projects where all cryptocurrencies supporters and investors joined without permission of third parties. It also a boarderless marketing systems and with transactions it never require thirds parties presences.
Title: Re: What is Decentralized Finance (DeFi)?
Post by: H2O on December 31, 2020, 03:08:04 PM
Decentralized Finance short abbreviation of DeFI. DeFI projects are now a good in position. I always searching new projects specially DeFI projects.
Title: Re: What is Decentralized Finance (DeFi)?
Post by: Pluto25 on January 05, 2021, 02:43:23 AM
Decentralized finance system a technical tool of bonding with centralized and decentralized finance within decentralized exchanges system. It's a permission less trading or business systems .
Title: Re: What is Decentralized Finance (DeFi)?
Post by: Muneeb22 on January 05, 2021, 08:41:24 AM
Decentralized Finance ( shortly DeFI) is the finance projects where all cryptocurrencies supporters and investors joined without permission of third parties. It also a boarderless marketing systems and with transactions it never require thirds parties presences.
Defi projects are almost good but now the scammers will make scam in these projects also and they try to scam the new peoples which don,t know about the coins and about the crypto market.
Title: Re: What is Decentralized Finance (DeFi)?
Post by: Nikawe on January 10, 2021, 11:08:27 AM
Decentralized Finance short abbreviation of DeFI. DeFI projects are now a good in position. I always searching new projects specially DeFI projects.
Decentralised finance projects shortly termed as Defi project. Defi is the bonding tools teachinque of bridge centralised and decentralised protocols.
Title: Re: What is Decentralized Finance (DeFi)?
Post by: Riya143 on January 10, 2021, 09:17:52 PM
We have talked about DeFi from the beginning, when the section was created here. Subject to negotiations, however, DeFi is decentralized finance. Which spreads financial services to different regions in the digital ecosystem.
Title: Re: What is Decentralized Finance (DeFi)?
Post by: Gurujebs on January 11, 2021, 05:39:32 PM
For a layman and a common traders who is after some cheap and quick money, it's nothing but free money where you enter and exit quickly ;D ;D
If you check into DEFI, it encompasses lending, borrowing, staking as liquidity provider as well as farming.
We are yet to see the main effects of decentralized finance in the outside world adoption, hopefully soon.
Title: Re: What is Decentralized Finance (DeFi)?
Post by: Metha Wulandarin on January 11, 2021, 05:50:45 PM
Simply put, DeFi can transact without a third person and it may sound very easy but with DeFi it is easier for scammers to commit fraud because there is no third person who knows it.
Title: Re: What is Decentralized Finance (DeFi)?
Post by: XM8 on January 17, 2021, 01:32:53 PM
I Know Decentralized Finance is the short from of DeFi. Now DeFi Coin is very good and strong project. Many peoples are now invest on this site. But it a bad site is scammers. Many scammers are now scam on this site.
Title: Re: What is Decentralized Finance (DeFi)?
Post by: Phu Juck on January 17, 2021, 08:40:20 PM
I Know Decentralized Finance is the short from of DeFi. Now DeFi Coin is very good and strong project. Many peoples are now invest on this site. But it a bad site is scammers. Many scammers are now scam on this site.
If you have done a good research, you can detect scam project and avoid it. Huge numbers of project are legit and can bring great profit. But I agree, we need to do good research. Always DIOR.
Title: Re: What is Decentralized Finance (DeFi)?
Post by: wawan96 on January 18, 2021, 06:35:46 AM
Until now, Defi is still in the development effort, thinking that if one day Defi will grow bigger and experience an increase, if bitcoin and Defi are combined, it will be an extraordinary future investment one day Defi could be a solution for investors to generate profits every day.
Title: Re: What is Decentralized Finance (DeFi)?
Post by: EAA-ALLAH on January 18, 2021, 04:42:20 PM
Until now, Defi is still in the development effort, thinking that if one day Defi will grow bigger and experience an increase, if bitcoin and Defi are combined, it will be an extraordinary future investment one day Defi could be a solution for investors to generate profits every day.
Are you think bitcoin and defi will combine together? If it would be possible then a huge amount of markets revolution will be happened in future.
Title: Re: What is Decentralized Finance (DeFi)?
Post by: Criminal on January 21, 2021, 08:34:33 PM
Decentralized Finance is the short form of DeFi. DeFi projects are almost good . But this project has some of side effects. Some of scammers are now continue hares all cryptocurrency people. I hope future this project community more strong.
Title: Re: What is Decentralized Finance (DeFi)?
Post by: Coin63@ on January 31, 2021, 11:46:05 PM
It's a common definition which already explained more than 100 times in this forums different sections. I request moderators to lock some topics that are may be off topics.
Title: Re: What is Decentralized Finance (DeFi)?
Post by: Tamsialu$$ on February 01, 2021, 03:29:42 AM
DeFi is a decentralized finance short name defi.  In this case, if the transaction is done, then there is no need for a third party, so you can do the transaction at any time. Especially its trading system is the best.
Title: Re: What is Decentralized Finance (DeFi)?
Post by: Tnoy30 on February 01, 2021, 09:55:04 AM
There is already a lot of talk about DeFi. Defi services have spread worldwide. One of the attractions of decentralized media is DeFi. Has been able to gain a lot of popularity at present. Because there is a lot of investment and trade in the market. So in the future DeFi's financial services are buried all around.
Title: Re: What is Decentralized Finance (DeFi)?
Post by: AlviNess on February 06, 2021, 10:47:04 AM
I agree with you mate, that Decentralized Finance is the short from of DeFi. Now DeFi has very good opportunity for every crypto lovers.
Title: Re: What is Decentralized Finance (DeFi)?
Post by: Delgboke on February 08, 2021, 11:25:18 AM
Decentralized finance project has become popular in the cryptocurrency industry because of that many project that uses the name Defi some even using other people's project ecosystem to built their own Defi meaning that they don't have their own concept,this has lead to many scam project, alot of hype in some o this Defi project.
Title: Re: What is Decentralized Finance (DeFi)?
Post by: whyrqa on February 08, 2021, 03:07:52 PM
Decentralized finance project has become popular in the cryptocurrency industry because of that many project that uses the name Defi some even using other people's project ecosystem to built their own Defi meaning that they don't have their own concept,this has lead to many scam project, alot of hype in some o this Defi project.
The situation with the Defi project reminds me very much of the situations in 2016 and 2017, when there was a large-scale development of fraudulent ico projects. I suppose that fundraising for defi projects is practically no different.
Title: Re: What is Decentralized Finance (DeFi)?
Post by: Triedboy on February 09, 2021, 11:28:39 AM
Decentralized finance is a short name DeFi. I work on all DeFi platforms projects because all project success full. At present the tokens of DeFi platforms are very popular and the price of tokens has increased a lot.
Title: Re: What is Decentralized Finance (DeFi)?
Post by: ashraf786100 on February 10, 2021, 05:55:09 AM
Decentralized finance is an acronym for Defi. Defi plans are almost perfect. But the plan has some side effects. Some of the scammers are now continuing to horse everyone in the cryptocurrency. I hope the community for this project will be even stronger in the future
Title: Re: What is Decentralized Finance (DeFi)?
Post by: Trumpet on February 12, 2021, 03:46:58 AM
DeFI, or “decentralized finance,” a term for a decentralized method of transacting through blockchains ( technology serving the bitcoin). The system isn’t particularly controlled by a single or central source, which allows the trader full authority and control over their transactions, making it as fast as they want them to be. Several entities are given the right to have the history of transactions.
 
DeFi can be more unique for blockchain uses and may be extended from simple transactions to complicated cases. In cryptocurrency trading, many assets like Bitcoin and other alternatives remove middlemen, for the extra layer of privacy. A regular credit card usually has an institution going over the transfer and recording it in their private ledgers, the institution has full power to cease or pause the transfer as well. Using bitcoin may save your transaction from being interrupted, this way.
we mean DeFi is is the short from of Decentralized Finance. Now DeFi platform is very good platform in cryptocurrency. Numbers of people are interesting to invest on this platform. There are have so much DeFi tokens  in cryptocurrency. Like that
Polkadot
YFI
UNI
DIA
and others really good token are have on DeFi.
Title: Re: What is Decentralized Finance (DeFi)?
Post by: marcsymons on February 12, 2021, 11:45:57 AM
What kind of transaction is decentralized finance that never requires a third party to make the transaction. Yeah Al that sounds pretty crap to me, Looks like DeFi aint for me either.

DeFi has been swiftly earning the public eye over the last year. Initially, this is looked unfamiliar and somewhat scary like credit cards used to look to users in their early days. However, today DeFi has deemed a great investment option and it is witnessing a significant increase in the number of investors daily.
Title: Re: What is Decentralized Finance (DeFi)?
Post by: zilzylian on February 12, 2021, 11:23:37 PM
Whatever DeFi means, I will always remember it in financial platform terms.

DeFi will make it easier for everyone to make loans in usdt or bitcoin without intermediaries or third parties, in this case not everyone can make loans, their cameras need to have some coins or digital money as collateral, that's my understanding.
Title: Re: What is Decentralized Finance (DeFi)?
Post by: Pluto25 on March 14, 2021, 09:19:44 AM
DeFI is the bindings tools technique of decentralized finance systems with blockchain. Decentralized Finance projects are firstly launched at ERC 20 based platform but now it launching several plafrorms.
Title: Re: What is Decentralized Finance (DeFi)?
Post by: Mahindra on March 14, 2021, 09:28:00 AM
Decentralized finance is one of them Systems where there is no need for third parties.Being decentralized is a business system.And there is no difference between DeFi finance Not available. Being a DeFi platform system The best.
Title: Re: What is Decentralized Finance (DeFi)?
Post by: raisajahan on March 18, 2021, 02:09:58 AM
Decentralized finance is that which is not regulated by any banks or other centralized organizations which had already dominated the financial world for long time. Right now we are using banks or other government issued financial organization for borrowing, lending or paying installment that is time consuming also need to physical movement. Some times that types of central organization can commit corruption. That kind of thing is only possible for centralized human operated organization. One the other hand decentralized finance is that which is not regulated or operated by any human touch. without any touch of the system it may complete allover transaction process. No need any help of human just maintain a block of chain technology. That is decentralized finance technology.
Title: Re: What is Decentralized Finance (DeFi)?
Post by: Churphans on March 19, 2021, 05:39:27 PM
DeFI is the most important thing in recent Market because nowadays most of the projects are launching on decentralized finance plafrorm and it's a Bonding process of centralized finance and decentralized exchanges.
Title: Re: What is Decentralized Finance (DeFi)?
Post by: Condorlaib on March 19, 2021, 06:53:08 PM
DeFI is the most important thing in recent Market because nowadays most of the projects are launching on decentralized finance plafrorm and it's a Bonding process of centralized finance and decentralized exchanges.
Decentralized finance attracts the attention of not only ordinary cryptocurrency users, but also large companies. I believe that the government is very unhappy with this trend. They are unlikely to be interested in independent and uncontrolled financial transfers. :D
Title: Re: What is Decentralized Finance (DeFi)?
Post by: krypto4uvak on March 24, 2021, 04:02:12 AM
Yes Defi is a cool innovation that was invented in the crypto industry and I am very glad that they appeared with them you can earn a lot and just trade.
Title: Re: What is Decentralized Finance (DeFi)?
Post by: Tubelight on March 24, 2021, 06:22:23 PM
Thank you so much brother to share this important news. We know that decentralized Finance is the short from of DeFi. Now DeFi has very good investment platform in cryptocurrency. I hope future it has more popular in cryptocurrency.
Title: Re: What is Decentralized Finance (DeFi)?
Post by: Casual on March 29, 2021, 07:21:29 PM
There are a few coins in the DeFi platform that have a lot of current status popularity and a lot of what has been priced.  Currently the largest investor is in the DeFi project. The financial system of this project is very good which is why everyone is investing.