What is DeFi? The Decentralized Finance

DeFi is an acronym for Decentralized Finance. It is used for Cryptocurrency and Blockchain. The goal is to get rid of financial intermediaries. Reminder: Centralized Finance Over the years people have depended on traditional financial institutions for all transactions. The traditional financial institutions also known as Centralized financial systems include banks, insurance, stock markets …

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What is Ethereum (ETH) ? Smart Contracts & Decentralized Applications

Started in 2014 by Vitalik Buterin and launched in 2015, Ethereum is an open-source blockchain that is decentralized. It brings the functionality of Smart Contract. In simple terms, it is an open-source computing platform and operating system. It uses Ether as its default cryptocurrency of the platform. Any developer can build and publish applications …

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