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Topic: Bitcoin Network is DeFI rightful home (Read 55 times)

legendary
Activity: 1484
Merit: 1355
March 06, 2022, 03:44:54 PM
#2
Come to think of it, isn't BTC the best of them all? Imagine if all decentralized finance is running on BTC? 

By definition, DeFi is a concept that describes financial services that are built on public blockchains, so in a manner of speaking, Bitcoin is the first DeFi implementation. However, today, most of the financial services that could be classified as DeFi are available on the Ethereum network through the use of dApps (decentralized applications).

The following article describes it in more detail: What is DeFi? Everything you need to know about the future of decentralized finance
jr. member
Activity: 49
Merit: 6
March 06, 2022, 01:14:54 PM
#1
Come to think of it, isn't BTC the best of them all? Imagine if all decentralized finance is running on BTC?  Cheesy Cheesy exactly that's what I thought too and that's why I believe that this is where we are going, forget all those smart contract projects making names today but the real home for real decentralization is BTC that's why I want to advice you to kindly look into DeFI projects on BTC, RSK, SOVRYN and other. DYOR
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