Decentralized Exchanges: Why Crypto’s First Killer Apps are So Powerful - DeFriday #12
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Decentralized Exchanges: Why Crypto’s First Killer Apps are So Powerful - DeFriday #12
In crypto, the price follows this weird (but structured) feedback loop where it actually increases the fundamental value by rising.The rising price creates more interest, which leads to new ideas, new startups, and new projects who ultimately feedback into a positive price again due to the innovation happening.
What´s a Blockchain? A virtual
Chris Dixon • Chris Dixon: Crypto Networks and Why They Matter
Decentralized Finance (DeFi) enables applications like prediction, trading, and financial markets to run on smart contracts, with no middle men (e.g. lawyers and bankers)
Vitalik Buterin • The Tim Ferriss Show Transcripts: Vitalik Buterin, Creator of Ethereum, on Understanding Ethereum, ETH vs. BTC, ETH2, Scaling Plans and Timelines, NFTs, Future Considerations, Life Extension, and More (Featuring Naval Ravikant) (#504) – The Blog of Author Tim Ferriss
Decentralized exchanges aim to solve this issue by allowing users to exchange cryptocurrencies without giving up custody of their coins.
Sze Jin Teh • How to DeFi: Beginner
What is DeFi all about? Modernizing, disintermediating (banks etc.), reducing layers of fees in the middle. Transparency. This is a big misconception. People think it's opaque and used for criminal activity. Everything in blockchains is open...