added by sari · updated 7mo ago
How does DeFi cross the chasm?
- Non-crypto businesses can increase efficiency and have more functionality by plugging into open ecosystems like Ethereum — much like the API economy enabled companies of all kinds, including mom-and-pop shops and small businesses, to access data and competencies they wouldn’t otherwise have been able to. An example in the tech space, however, is Re... See more
from Composability is Innovation - a16z crypto by Linda Xie
sari added
- DeFi is an open-source and decentralized financial ecosystem built on top of the Ethereum blockchain. It appeared as an alternative to traditional centralized finance which historically (i) lack transparency (ii) is centralized, notably in terms of decision power (iii) has low interoperability (iv) ..
from An open-air financial laboratory by Clement Parramon
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- 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)
from 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 by Vitalik Buterin
sari added