Oracles have emerged as a fundamental part of the Decentralized Finance (DeFi) ecosystem “ they are the 3rd party services that provide blockchain smart contracts with off-chain data (real-world information). In just a few months, the total market capitalization of oracle coins has grown to tens of billions, thanks to their role in the DeFi market. Blockchain oracles act as … [Read more...] about DeFi Oracles and their Fundamentals
DeFi
The Various Game-Changing Solutions Offered in DeFi
DeFi is an alternative financial system built on top of blockchain networks like Bitcoin or Ethereum. It is growing very fast currently. More than $21.92 billion have been locked in different DeFi projects, according to data published by DeFi Pulse. What is DeFi? It is a substitute for traditional financial services. DeFi solutions are more transparent, secure, and immutable. … [Read more...] about The Various Game-Changing Solutions Offered in DeFi