DeFi Glossary 2021: Pretend You Know What is Going on

Written by hashbon | Published 2021/10/08
Tech Story Tags: blockchain | cryptocurrency | cex-vs-dex | good-company | defi-glossary | blockchain-bridges-to-cdex | hackernoon-top-story | technology

TLDRDeFi (Decentralized Finance) is sliding into our life and replacing the traditional technologies of the current financial system with open-source protocols, blockchain, and smart contracts.  The exclusion of intermediaries from all types of transactions is one of the major advantages of DeFi; smart contracts are used to enforce the terms of each transaction. via the TL;DR App

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Written by hashbon | Hashbon - crypto payment ecosystem powered by both DeFi and CeFi products.
Published by HackerNoon on 2021/10/08