What the hell is a defi?
This is how I first described it:LoyceV (Legendary)
10. What do you think about the DEFI ecosystem?
"This is the first time I hear that name. A quick search shows that it has to do with centrally controlled code-is-not-law Ethereum, and since The DAO they've lost all credibility when they abandoned everything they said to stand for to protect their own financial interests. I'm still amazed people fell for that. Smart contracts can't work if the only person who understands the contract is called: "The Attacker". I simply gave up on following anything related to Ethereum, because the entire coin is build upon a flawed foundation."
My opinion hasn't changed. The spam is increasing though 10. What do you think about the DEFI ecosystem?
"This is the first time I hear that name. A quick search shows that it has to do with centrally controlled code-is-not-law Ethereum, and since The DAO they've lost all credibility when they abandoned everything they said to stand for to protect their own financial interests. I'm still amazed people fell for that. Smart contracts can't work if the only person who understands the contract is called: "The Attacker". I simply gave up on following anything related to Ethereum, because the entire coin is build upon a flawed foundation."
