Tokens.com - The Premier Staking and DeFi Company
If bitcoin was the spark for the financial services revolution, then DeFi is the accelerant.
The growth of an alternative finance ecosystem built on blockchain is the biggest crypto story you’ve never heard of
So what are NFTs all about? And how can they be used in decentralized finance? You’ll find answers to these questions in this video.
Decentralized finance differs from traditional banks because there is no centralized system. It can be risky.
Ethereum will be completing the transition to Proof-of-Stake in the upcoming months, which brings a myriad of improvements that have been theorized for years. But now that the Beacon chain has been running for a few months, we can actually dig into the numbers. One area that we’re excited to explore involves new energy-use estimates, as we end the process of expending a country’s worth of energy on consensus.
Proof of stake is an alternative to proof of work (PoW), which Bitcoin and Ethereum currently use. Proof of stake is a consensus mechanism, which makes sure that only legitimate transactions get added to blocks.
"DeFi is already revolutionizing financial services and more change is likely on the way." -Andrew Kiguel
So what’s the future of finance? Is decentralized finance better than the current financial system? What problems does it solve? And does it have a chance to improve or completely replace traditional finance? You’ll find answers to these questions in this video.
2020 was transformative for staking, bringing the emergence of many new proof-of-stake networks, which now represent 25 of the top 100 blockchains in terms of market capitalization.