In the era of rapidly developing quantum computing, some folks in the crypto community are wondering how significant this threat of quantum supremacy is for cryptography. Vitalik Buterin often mentions Gnosys Safe Multisig in his speeches as one of the most reliable solutions for storing crypto assets. Despite the proven security of wallets that use…
If you’ve heard the term “DeFi” (Decentralized Finance) but aren’t entirely sure what it entails, this post is for you. Forget the complicated crypto jargon. Let’s break down this phenomenon that’s reshaping the world of money using simple analogies. 💡 What Exactly is DeFi? DeFi refers to financial services (lending, saving, insurance, payments, exchange) built…
Flashloans have been available in DeFi for a few years, starting with the launch of Aave in early 2020, which pioneered their use. Uniswap and similar platforms initially did not offer flashloans, as the concept was first implemented in lending protocols like Aave and DyDx, where they were designed specifically for DeFi applications such as…
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