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🔥 What is #DeFi?

🍪 DeFi stands for #Decentralized #Finance, i.e., decentralized financial markets. In contrast to traditional financial systems, DeFi projects are based on #blockchains on which transactions are automatically processed via #smartcontracts. This allows financial services to function in a decentralized manner (without a #middleman) and to be made available to everyone worldwide.

https://medium.com/veniceswap/what-is-defi-1a63695fa8f4
🌐 #Web 3.0: What is it and what does it have to do with #cryptocurrencies?

✔️ It is a future version of the #internet that is based on public and permissionless #blockchains. The most prominent feature of Web 3.0 is #decentralization. It eliminates managers or central authorities from deciding who can or cannot access certain services. It also eliminates the element of trust on the part of those who control the network. It removes the need for intermediaries to manage the shares.

https://medium.com/enkronos/web-3-0-what-is-it-and-what-does-it-have-to-do-with-cryptocurrencies-d27626850043
🦸‍♀️ How will #blockchain affect the future of #cybersecurity?

🐙 Recent events have shown that threat actors can gain access to #blockchains in certain situations. It is possible to manipulate #data with 51% attacks and #Sybil attacks, where it is possible to completely lose the #chain.

https://medium.com/enkronos/how-will-blockchain-affect-the-future-of-cybersecurity-7757ca112822
🤺 #DeFi: The battle of the #blockchains

🌋 Until recently, the #Ethereum blockchain was the undisputed host of all this activity. It was created in 2015 as a more general-purpose version of #Bitcoin. Bitcoin’s database stores information about #transactions in the relevant #cryptocurrency, providing proof of who owns what at any given time.

https://medium.com/veniceswap/defi-the-battle-of-the-blockchains-af07f15a443f