Are Crypto Lending, DeFi And Stablecoins The New
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May 27, 2021
With more than 5,000 cryptocurrencies on the market, it’s safe to say that the new space is quickly becoming dizzying. Beyond Bitcoin, Ether and other large tokens, many investors aren’t up-to-date on the full assortment of up-and-comers.
Decentralized finance, or “DeFi,” may be changing all of that. The technology was born on the blockchain and is aiming to disrupt traditional financial services offerings and providers.
“Centralized systems and human gatekeepers can limit the speed and sophistication of transactions while offering users less direct control over their money. DeFi is distinct because it expands the use of blockchain from simple value transfer to more complex financial use cases,” writes Alyssa Hertig for CoinDesk.
The crypto industry s most used crypto project was designed and created by a Canadian-Russian programmer when he was just 19 years old.
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Sharding is a proposed method of splitting Ethereum s infrastructure into smaller pieces in an attempt to scale the network.
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