A-Summary-of-ChainLink

A Summary Of ChainLink

The blockchain world, especially the decentralized financial realm, needs data to operate effectively, and that is why Chainlink was created. Chainlink is a decentralized oracle protocol that offers real-world data to smart contracts on the blockchain. Many DeFi ecosystems...

What To Expect In Ethereum 2.0

Ethereum 2.0: All You Need To Know About Ethereum’s Serenity Upgrade

Ethereum spawned from the intention to address the limitations of the Bitcoin blockchain. Unlike Bitcoin, Ethereum introduced support for smart contracts, enabling its use in decentralized finance (DeFi) and the creation of various decentralized applications (dApps). However, Ethereum itself...

Scaling Ethereum: An Introduction to Polygon | DeFi Planet

Scaling Ethereum: An Introduction To Polygon

Polygon, a “Layer 2” solution for the Ethereum blockchain was recently rebranded from its original name, Matic Protocol. It is a protocol that can be used to build and link Ethereum-compatible blockchain networks. As an open-source platform, it offers...

Polkadot: What You Need To Know | DeFi Planet

Polkadot: What You Need To Know

Polkadot was created by a co-founder of Ethereum, Dr. Gavin Wood, and it is designed to permit blockchains to easily transfer value in a trustless manner while sharing their peculiar functionalities with one another. A key aspect of Polkadot...

What Is The Cardano Blockchain: All You Need To Know

What Is The Cardano Blockchain: All You Need To Know

Cardano is currently ranked 18th among blockchain ecosystems in terms of total value locked (TVL) in DeFi. While this position might not be the most eye-catching, it's important to note that Cardano boasts a substantial on-chain activity within its...

Yield Farming In DeFi | DeFi Planet

A-Z Of Yield Farming In DeFi

Yield farming is one of the most trending topics in the world of DeFi. While the DeFi summer is known for the surging prices of DeFi tokens, it is yield farming that provides the most value in the DeFi...

DeFi is Eating TradFi. How DeFi Is Eating TradFi. TLDR: Decentralized Finance (DeFi) is a growing industry that promises to disrupt Traditional Finance (TradFi). DeFi is a set of decentralized, permissionless protocols that provide financial services without a middleman or central authority to facilitate operations. There is a need for an open, transparent, and secure financial system and DeFi is emerging as an alternative that can help build such a system.
What Is DeFi? DeFi Vs TradFi: Understanding The Difference. DeFi Planet. You may ask about FinTech.

DeFi Is Eating TradFi

TLDR: Decentralized Finance (DeFi) is a growing industry that promises to disrupt Traditional Finance (TradFi). DeFi is a set of decentralized, permissionless protocols that provide financial services without a middleman or central authority to facilitate operations. There is a...

An Overview Of UniSwap | DeFi Planet

An Overview Of UniSwap

In the crypto world, UniSwap is a popular decentralized exchange (DEX) that is a force to be reckoned with because of the incredible features it offers. It is currently being hosted on the Ethereum blockchain and allows its users...

A Brief Overview Of Ethereum | DeFi Planet

A Brief Overview Of Ethereum

Many blockchain-based platforms may exist, but Ethereum is one of the largest with thousands of decentralized apps being hosted on it. It is a blockchain ecosystem that has Ether-ETH- as its utility token while possessing Solidity as its programming...

Types of Blockchain: Pros, Limitations

Blockchain operates similarly to the internet, with interconnected computers called nodes that store and independently verify shared data. It is simply a distributed ledger of records that cannot be altered across computers in a network. Blockchain has three key...

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