Tag: trust third party

What Is Defi In Crypto

What is Defi in crypto? short for decentralized finance, Defi is a term for financial applications that run on a blockchain. In the Defi context, “decentralized” means that the applications are trustless and operate without a central authority. This is in contrast to traditional financial applications, which typically rely on a third party to maintain […]

How Many Apps Are Built On Ethereum

How Many Apps Are Built On Ethereum? Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of fraud or third party interference. Ethereum is a Turing complete platform that allows developers to create whatever they can imagine. There are a growing number of applications being built […]