Decentralise Everything.

What is Decentralised Finance? Decentralised Finance (DeFi) is an umbrella term for blockchain-based financial applications. Why is this neccessary? Beginning the end of January 2021, Gamestop was hit with thousands of investors wanting in on their seemingly 'dead' stock. Without delving in to a completely separate topic, simply put: investors over at the subreddit r/WallStreetBets organized a mass buy-in of  the stock GME (GameStop), driving up its price to a high of over 20 times its price compared with the year's start. This made the big investment firms over at Wall Street mad. 😠 This battle was fiery enough, until a US-based investments app, RobinHood, decided that trading of the stock GME would be disabled temporarily.  WHAT? How can they do that? Why would they do that? is that even legal? The 3 weeks following the halt, over 90 federal lawsuits were filed against Robinhood claiming that their actions were unfair and unlawful. ...

What are smart contracts? A smart contract is an agreement between two or more parties in the form of computer code. The contracts are stored on the blockchain and cannot be changed. Transactions that take place in a smart contract are processed by the blockchain, which means they can be sent automatically without the intervention of a third party. When you enter into an agreement with a smart contract, no confidential advisor is required. The transactions only take place if the conditions in the agreement are met. Is this safe? In the same way that the bitcoin network is secured through the blockchain, so too can smart contracts. being decentralized, they are near impossible to hack, and cannot be manipulated by a controlling authority. What can they be used for? In the first world, the idea of storing documents and deeds on the blockchain doesn't seem very magnificent. But there are some very interesting and potentially beneficial ways to use smart contracts to our advantage. Ins...

Don't switch off! (unlike myself, admittedly) What is blockchain? ⛓ At It's core, blockchain is a large database, typically shared between a publicly accessible, decentralized network. To further understand what blockchain is, the easiest and most logical example to provide is how it originated, Bitcoin. Bitcoin ₿ Bitcoin has been on a roll recently, with several publicly-traded companies such as Tesla and Square racing to accumulate billions worth, presumably before the rest of the world realizes its true value.  So far, Tesla have made more money in the past month from holding bitcoin in their reserves than they have selling cars in their lifetime, up over $1Bn. yeah. Check it out here ->  https://whatsteslasbitcoinworth.com/ But what are these companies buying ? Bitcoin, as outlined in Satoshi Nakomoto's 2008 B itcoin: A peer-to-peer electronic cash system , is a currency that is not controlled by  anyone . Not a company, not a bank, not a government. With that come...

Credit to https://academy.aaxpro.com Welcome to Decentralise Everything In the following series of posts I will attempt to explain the general concept of blockchain technology and attempt to simplify some of the innovative use-cases for blockchain emerging. Along the way we will discuss Bitcoin's recent popularity, from a flock of retail investors to billion-dollar investments, as well as touching on the recent Gamestop frenzy and it's importance for the crypto-currency space. The first time I heard the phrase blockchain I couldn't imagine a more dry and unenticing title, but when 2017 came around with Bitcoin's meteoric rise to $20k, I started to take notice. It takes little research until that 'moment' hits, the moment where you think "oh crap, this is it, this could change everything". I hope to provide either the inspiration to learn or alternatively lead someone to having that 'moment'.