Blockchain has been one of the greatest advancements we’ve witnessed in the past few decades and maybe even in history. Bitcoin creator Satoshi Nakamoto created it with a view to upend traditional financial institutions and remove the middleman from the majority of transactions.
Based on a trustless system where ‘miners’ authenticate transactions through a consensus mechanism, Bitcoin revolutionized the way we use and think about money. Since then a host of technologies have been developed based on the groundwork made by the anonymous Satoshi. Now, Bitcoin, Ethereum, Binance, and many others are now household names in many places.
The road to actualization has been rocky and cryptocurrency’s popularity has allowed for new developments within and outside the space. One such innovation is decentralized finance(DeFi). As