Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of fraud or third party interference. defi ethereum aprilvigna wall
Ethereum is still in development and its potential applications are not fully realized. However, many believe that Ethereum could potentially change the way the internet works. defi ethereum aprilvigna wall
In the cryptocurrency world, there is a lot of talk about Bitcoin. But what about Ethereum? While Bitcoin is the first and most well-known cryptocurrency, Ethereum is actually the second most popular digital currency. Bitcoin and Ethereum differ in their purpose, structure and technology. So, what is Ethereum?
Ethereum is a decentralized open source platform that runs smart contracts. These contracts are programmable protocols that are stored on a blockchain, which is a distributed public ledger.
In recent months, the popularity of decentralized finance, or “DeFi”, protocols built on the Ethereum blockchain has exploded. While the total value locked in Ethereum DeFi protocols is still a fraction of the total value locked in Bitcoin, the growth of the DeFi ecosystem in terms of both users and value locked has been staggering. In this article, we’ll take a look at one of the most popular DeFi protocols, MakerDAO, and explore how it works.
