Fefe Demeny explains what a blockchain is, a digital ledger that has revolutionized the world of finance due to its decentralized model.

I believe it won’t be a binary choice between Web2 and Web3. The internet’s next chapter will likely be a convergence of both.

Decentralized exchanges are a paradigmatic change in the way individuals exchange and conceptualize value. In eliminating intermediaries, providing transparency, and providing control to the users, they are very much in line with the underlying crypto principles.

Created by Vitalik Buterin, Ethereum is a blockchain that enables smart contracts and dapps to operate on its network.

DEXs allow direct asset trades via smart contracts, eliminating central intermediaries. Users contribute to liquidity pools on DEXs, earning from transaction fees. Decentralized exchanges offer control over assets but require knowledge of their complexity.

The question of whether or not DeFi is the future of world finance is increasingly "when" rather than "if." With blockchain technology, DeFi has developed a faster, cheaper, and more accessible world compared to traditional finance.

SHORT ANSWER: DePINs provide a medium for Web3 infrastructure services to be provided and taken, in a secure, transparent and democratized manner. If you look at the market, you see many centralized platforms that leverage a network to achieve a goal and ...

Bitcoin mining is how new coins are created and the network stays secure. Hive's Frank Holmes breaks it all down in a refreshingly simple way.