Today I learned what a DeFi app is. Goes to show you how little I know about the crypo-verse.
The name DeFi, that is ranked first on Techmeme, and the shear amount of volume was moved in Ethereum, caught my eye.
I went and searched what DeFi was. I learned it stands for “Decentralized Finance Applications”.
This blew my mind for short time. The implication of such system are pretty wide and wild. It felt to me that cryptocurrencies where becoming more usable in terms of everyday financial or legal transactions (they probably already are).
But most importantly! It was a wake up call to go and make the effort of understanding and maybe, why not, to participate in this possibility.
Help me find my way.
Thinking of starting here.