Blockdemic Lab

Opinion/News/Deep-Dives on the Future of Money and the Internet

Blockchain spelled out in scrabble letters

What are DApps and what are their issues?: via DeFi

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Currently, $1.65 billion is locked in DeFi-related smart contracts, while the DeFi space continues to be touted as the catalyst for crypto’s new bull market. In case you’re not familiar with DeFi, think “blockchain-based apps that make financial services peer-to-peer.” These apps are peer-to-peer because they’re hosted on blockchains instead of traditional databases and they’re …

What is DeFi?

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While Bitcoin started the cryptocurrency revolution, Ethereum may be the one to take it to a widespread audience. This is because of decentralized finance or “DeFi,” which refers to the idea of re-making the global financial system in crypto’s image. From 2019-2020, the DeFi movement has been taking shape and now it’s become the driving …