Tag: decentralized

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Decentralized Finance: Why its Users Are At Risk?

Decentralized Finance (DeFi) is the financial system built on decentralized blockchain technology. It achieves distributed consensus by utilizing smart contracts over the blockchain, such...

What Is DeFi? An Overview of Decentralized Finance

Decentralized finance, or Defi, uses cryptocurrencies and blockchain technology to manage financial transactions. Defi intends to democratize finance by replacing old, centralized institutions with...

DeSo Blockchain Users Exceeds 1.5 Million, Decentralized Social Token up Nearly 90% within 24 hrs

New type of blockchain designed to power Web 3.0 decentralized social networks. DeSo Blockchain announced that they have created over 1.5 million accounts on...

Decentralized VPN network Mysterium set to launch mainnet on Ethereum and Polygon » CryptoNinjas

After years of development, the team of Mysterium Network, a decentralized VPN protocol & ecosystem, has announced that on Monday, November 22nd it will...

Cardano-based decentralized exchange RavenDex reveals demo » CryptoNinjas

RavenDex, a Cardano-focused decentralized exchange, announced this week it has released its front-end demo for users to experiment with. When live, RavenDex will enable users...

How Decentralized Finance (DeFi) is augmenting when the general economy is in a Depression

Since around 2017, economically, few nations had started facing some form of hurdle/s which assisted in turning almost every nation’s GDP (Gross Domestic Product)...

Karura launches decentralized exchange on Polkadot and Kusama

Karura, the Polkadot implementation of the Acala protocol, has launched its decentralized exchange (DEX) platform, Karura Swap.According to the announcement issued on Friday, the...

A decentralized app store might lead crypto toward more centralization

The estimated windfall Apple got from its App Store in 2020 is $67 billion. That’s up from $50 billion in 2019, a 28% increase....

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