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Defi?

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Defi?
Junior Offline
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#21
2020-02-28, 07:19 PM
(2020-02-28, 04:00 PM)Carsten Wrote: Yes as I said don't think Defi is the Devi project.....it's two different projects.

Yes we know? Big Grin
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Hugues Offline
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#22
2020-03-14, 03:24 PM
https://medium.com/swlh/defi-2025-unsecu...4262507cc9
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Carsten Offline
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#23
2020-03-15, 09:15 AM
(2020-03-14, 03:24 PM)Hugues Wrote: https://medium.com/swlh/defi-2025-unsecu...4262507cc9

Damn it's a long article. I have to bookmark it.
Cardano is the most promising 3 gen. crypto right now.


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Hugues Offline
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#24
2020-03-15, 10:45 AM
(2020-03-15, 09:15 AM)Carsten Wrote:
(2020-03-14, 03:24 PM)Hugues Wrote: https://medium.com/swlh/defi-2025-unsecu...4262507cc9

Damn it's a long article. I have to bookmark it.

Yes but quite interesting.
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Hugues Offline
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#25
2020-04-05, 09:56 AM (This post was last modified: 2020-04-05, 09:58 AM by Hugues.)
A New Form of Tokenized BTC Coming to ETH in Matter of Weeks: All Signs Point to it Becoming a MCD Collateral Type Soon
tBTC, which basically allows BTC holders to create a tokenized form of BTC on the Ethereum network. The BTC is protected using a security bond: ETH: Every 1 BTC is backed by ETH worth 150% of BTC's value (plus BTC).......

https://www.reddit.com/r/MakerDAO/commen...to_eth_in/
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Carsten Offline
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#26
2020-04-05, 11:41 AM
(2020-04-05, 09:56 AM)Hugues Wrote: A New Form of Tokenized BTC Coming to ETH in Matter of Weeks: All Signs Point to it Becoming a MCD Collateral Type Soon
tBTC, which basically allows BTC holders to create a tokenized form of BTC on the Ethereum network. The BTC is protected using a security bond: ETH: Every 1 BTC is backed by ETH worth 150% of BTC's value (plus BTC).......

https://www.reddit.com/r/MakerDAO/commen...to_eth_in/

I don't understand that idea. Why would you put your BTC on the ETH blockchain? Makes no sense at all.
Cardano is the most promising 3 gen. crypto right now.


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Hugues Offline
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#27
2020-04-05, 01:04 PM (This post was last modified: 2020-04-05, 01:51 PM by Hugues.)
(2020-04-05, 11:41 AM)Carsten Wrote:
(2020-04-05, 09:56 AM)Hugues Wrote: A New Form of Tokenized BTC Coming to ETH in Matter of Weeks: All Signs Point to it Becoming a MCD Collateral Type Soon
tBTC, which basically allows BTC holders to create a tokenized form of BTC on the Ethereum network. The BTC is protected using a security bond: ETH: Every 1 BTC is backed by ETH worth 150% of BTC's value (plus BTC).......

https://www.reddit.com/r/MakerDAO/commen...to_eth_in/

I don't understand that idea. Why would you put your BTC on the ETH blockchain? Makes no sense at all.

Of course it makes sense.
There are lots of use cases. This is one: https://www.wbtc.network/
https://medium.com/coinmonks/tokenized-b...d30eea8c76
You could tokenize whatever you want, wherever you want, whenever you want, ...

https://cointelegraph.com/explained/toke...-explained
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Carsten Offline
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#28
2020-04-05, 03:07 PM
A lot of things yes, but bitcoin it's is a stupid idea to tokenize and I can't imagine many would do so. First of all the concept is complicated to explain and second I trust my bitcoin wallet more than a smartcontract on the eth blockchain.
Cardano is the most promising 3 gen. crypto right now.


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Hugues Offline
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#29
2020-04-05, 08:16 PM
(2020-04-05, 03:07 PM)Carsten Wrote: A lot of things yes, but bitcoin it's is a stupid idea to tokenize and I can't imagine many would do so. First of all the concept is complicated to explain and second I trust my bitcoin wallet more than a smartcontract on the eth blockchain.

In that case DEFI is not for you.
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Carsten Offline
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#30
2020-04-05, 09:33 PM
(2020-04-05, 08:16 PM)Hugues Wrote:
(2020-04-05, 03:07 PM)Carsten Wrote: A lot of things yes, but bitcoin it's is a stupid idea to tokenize and I can't imagine many would do so. First of all the concept is complicated to explain and second I trust my bitcoin wallet more than a smartcontract on the eth blockchain.

In that case DEFI is not for you.

No in this case it's not.
Cardano is the most promising 3 gen. crypto right now.


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