DeFi Continues To Defy Odds While Ducking Questions on Scalability. For How Long?by@therealsjr
289 reads

DeFi Continues To Defy Odds While Ducking Questions on Scalability. For How Long?

by Stewart Rogers4mOctober 11th, 2020
Read on Terminal Reader
Read this story w/o Javascript
tldt arrow

Too Long; Didn't Read

DeFi, short for "decentralized finance," has been entering the lexicon of the tech world for the last few years. The term DeFi is pronounced exactly the same as "defy," since that is exactly what the industry is doing to the world of traditional finance. Assets committed to DeFi broke $1 billion in February 2020, $2 billion by July 1, and $3 billion only 20 days later. DeFi solutions do not need intermediaries or arbitrators, and its users maintain control over their assets.

Companies Mentioned

Mention Thumbnail
Mention Thumbnail

Coin Mentioned

Mention Thumbnail
featured image - DeFi Continues To Defy Odds While Ducking Questions on Scalability. For How Long?
Stewart Rogers HackerNoon profile picture
Stewart Rogers

Stewart Rogers

@therealsjr

Editor-at-Large at Dataconomy, Editor-at-Large at ArcticStartup, Co-founder at ⅄Oᒋ⅋NOISՈᖵNOϽ - an impact creator house

About @therealsjr
LEARN MORE ABOUT @THEREALSJR'S
EXPERTISE AND PLACE ON THE INTERNET.

Share Your Thoughts

About Author

Stewart Rogers HackerNoon profile picture
Stewart Rogers@therealsjr
Editor-at-Large at Dataconomy, Editor-at-Large at ArcticStartup, Co-founder at ⅄Oᒋ⅋NOISՈᖵNOϽ - an impact creator house

TOPICS

THIS ARTICLE WAS FEATURED IN...

Permanent on Arweave
Read on Terminal Reader
Read this story in a terminal
 Terminal
Read this story w/o Javascript
Read this story w/o Javascript
 Lite
L O A D I N G
. . . comments & more!