What is Smart contracts in Blockchain?

Smart contract are very popular nowadays, but what are they and what problems do they solve? The term smart contract was first used by Nick Szabo in 1997 along before Bitcoin was created. He is a computer scientist lost collar and cryptographer. So I’ll spare you his exact words, but in simple terms he wanted […]

Understand Ethereum in 3 Mins

Although commonly associated with Bitcoin, blockchain technology has many other applications that go Beyond digital currencies. In fact Bitcoin is only one of several hundred applications that use blockchain technology today until relatively recently Building Block Chain applications required a background in coding cryptography and Mathematics as well as significant time and resources, but now […]

DeFi (Decentralized Finance) explained in 3 mins

What is the concept behind decentralized finance and layman terms and how it is revolutionary in nature. What are the downsides of it? Alright, so the basic concept of decentralized finance is to create all of these composable Basic Finance Primitives that are implemented as smart contracts with some degree of decentralization. And one of […]