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Decentralized Finance Explained
Decentralized Finance Explained
Decentralized Finance Explained
Audiobook48 minutes

Decentralized Finance Explained

Written by Introbooks Team

Narrated by Tracy Tupman

Rating: 4 out of 5 stars

4/5

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About this audiobook

Blockchain-built dApps, protocols, smart contracts, and digital assets are the key elements of decentralized finance. The Ethereum framework is the primary choice for the DeFi application considering the adaptability and the level of development, but that doesn't imply it's the only blockchain forum. 

DeFi is a development in the cryptocurrency industry, aimed at recreating conventional banking services without centralized technologies. Bitcoin itself is a prototypical illustration of DeFi; the majority of other cryptocurrencies depend on central organizers or issuers. DeFi is implemented via dApps, typically installed on either a blockchain such as Ethereum or a tangle such as IOTA.

Decentralization suggests that there is no single point o

f failure since similar records are kept across a peer-to-peer network throughout a plethora of computers. Since it's unregulated, it is also available to all regardless of their income or where they stay. And, while a payment processing firm or a bank can close an unseemly customer's account, blockchains are immune to surveillance.

LanguageEnglish
PublisherIntroBooks
Release dateJun 7, 2020
ISBN9781094299587
Decentralized Finance Explained

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Rating: 4.176470588235294 out of 5 stars
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  • Rating: 5 out of 5 stars
    5/5
    A good introduction audiobook about defi, actually the most up to date, despite it is an introduction audiobook. It worthes listening.