What Is Defi? A Guide To Decentralized Finance
Decentralized finance, or DeFi, is a new and growing field of finance that uses blockchain technology. It’s a way to transfer money without relying on a third party, and it’s becoming more popular every day. What is blockchain? Blockchain is a digital ledger of all cryptocurrency transactions. It’s decentralized, meaning it doesn’t rely on any one institution or company to operate it. This makes it incredibly secure and transparent. How does DeFi work?...