DEFI - From Inception To 2021 And Beyond (History Of Decentralized Finance Explained)

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  • Опубликовано: 30 сен 2024
  • So what’s the story behind Decentralized Finance? How has all of this started? What happened in DeFi in 2020? And where are we going in the future? You’ll find answers to these questions in this video.
    Although there is no one agreed-upon date when decentralized finance was born, there were a few important events that made DeFi possible.
    The first of them was the creation of Bitcoin in 2009 by Satoshi Nakamoto.
    Despite whether Bitcoin should be classified as DeFi or not, its inception was the key enabler for the whole cryptocurrency industry which decentralized finance is part of.
    Although sending Bitcoin around the world is cool - finance doesn’t stop there. Every robust financial system needs a set of other important services such as lending, borrowing, trading, funding or derivatives.
    Ethereum, with its Turing-complete programming language Solidity and the ERC20 standard for creating new tokens, quickly became a go-to smart contract platform to build on.
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Комментарии • 336

  • @Finematics
    @Finematics  3 года назад +30

    💛 Support Finematics on Patreon and join our Discord community ► www.patreon.com/finematics
    ❓ What is your favourite part of the history of DeFi? Comment down below
    👍 Hit the like button if you enjoyed this video
    🐦 Follow Finematics on Twitter ► twitter.com/finematics
    📘 Check out our FREE Guide to DeFi ► finematics.com/guide-to-decentralized-finance/

    • @thefifthforyou9961
      @thefifthforyou9961 3 года назад +1

      Hi, would you do a video on @FlareNetworks and @FlrFinance?

    • @stressrelief9597
      @stressrelief9597 3 года назад

      DeFi is really great project in Crypto world..with so many altcoins and other investment ideas i really like where DeFi is going with new project Cream Finance! I just read that they merged with yearn finance making Iron Bank so you can get loans without collateral! :)

    • @choudhrysiddiq7305
      @choudhrysiddiq7305 3 года назад

      I found your channel today and can’t stop watching, Amazing videos. Will support on Paterson too. Is there any way to talk to you ?

    • @Randomprowler1
      @Randomprowler1 3 года назад

      Hi, would u do a video on Finxflo (fxf) coin?