Get acquainted (gain, obtain) with present-day techniques that came from Defi

Defai stands for  Decentralized Finance  , a universal term used for a variety of financial programs in cryptocurrencies or blockchain designed to weaken financial intermediaries.

Defi is inspired by blockchain, the technology behind Bitcoin digital currency that allows multiple entities to keep a copy of their transaction history, meaning that transactions are no longer controlled by a single central source. This is an important issue; Because centralized systems and human control centers can limit the speed and complexity of transactions; While users have less direct control over their money. Defi is unique because it extends the use of blockchain from simple value transitions to more complex financial uses.

Bitcoin and many other digital assets are different from older payment methods, such as those implemented by  Visa  and  PayPal  , in that they remove all intermediaries from transactions. When you pay for coffee with a credit card in a café, a financial institution with control over your transaction will be established between you and the café and will have the option to stop or pause and maintain it in its private offices. With Bitcoin, these institutions are virtually eliminated from the system.

Direct buying is not the only type of transaction or contract under the supervision of large companies. Financial programs such as loans, insurance, crowdfunding, derivatives, betting and more are also under their control. Discontinuation of intermediaries from all types of transactions is one of the main benefits of Difai.

Labels: Order to build a Forex robot , Build a stock trading robot , Build a trading robot , Trader robot design , Free Forex Robot , Forex robot programming , Forex Expert Making Tutorial , Build a trading robot with Python , Download Forex Trading Robot , Buy Forex Trader Robot , Automated Forex Robot , Free stock trading robot ,  Learn how to build a Forex trading robot , Alpari trading robot , Forex robot for Android ,  MetaTrader robot design , MetaTrader robot programming , Forex robot design , Forex robot programming , Automated trading

Atrium platform debugging programs

Most applications that call themselves  “Defi”  are  built on  Ethereum . The second largest cryptocurrency platform in the world  distinguishes itself from the Bitcoin platform  ; Because it is easier to use to build other types of decentralized applications that go beyond simple transactions. The complex financial cases even by Vytalyk Bvtryn, creator of the Atrium ,  the 2013 White Paper also expressed.

The fact that Atrium offers so much more flexibility is due to its smart contract platform, which automatically trades when certain conditions are met. Atrium programming languages ,  such as  Solidity,  are specifically designed to create and implement such intelligent contracts.

For example, suppose a user wants to send money to a friend next Tuesday, but only if the weather according to  weather.com is  above 90 degrees Fahrenheit. Such rules can be written in a smart contract.

Despite smart contracts, there are dozens of Defi programs running in Atrium, some of which are discussed below. Atrium network will be upgraded to the new version 2.0 that could Atrium Pushing scalability problems ,  these programs strengthen.

The most popular Defi programs are:

• Decentralized Exchanges (DEX): Online exchanges help users convert currencies into other currencies, whether US dollars to bitcoin or ether to DAI. DEX is a type of exchange that connects users directly so that they can exchange cryptocurrencies without having to rely on any intermediary to deposit their money.
• Stablecoins: A cryptocurrency that is tied to non-cryptocurrency assets (such as the dollar or euro) for price stability.
• Lending platforms: These operating systems use smart contracts to replace intermediaries such as banks that manage loans.
• Wrapped Bitcoins (WBTC): A way to send bitcoins to the Atrium network so that bitcoins can be used directly in the Atrium defi system. The WBTC allows users to profit from bitcoins borrowed through the decentralized lending platforms described above.
• Predictive Markets: Markets for betting on the outcome of future events such as elections. The purpose of these diffusion versions in predictive markets is to provide the same but unmediated performance.

In addition to these programs, new Defi concepts have emerged around them:

• Product production: This is possible for knowledgeable traders who are willing to take risks. Where users scan different Defi tokens to find opportunities for greater returns.
• Flexibility: Defi programs are open source, meaning that the code behind them is for all people to see. Likewise, these programs can be used to “build” new programs with code that constitutes building blocks.
• Lego Money: By exploring the concept of “flexibility in another way,” Defi programs are like Lego, with children combining toy blocks to build buildings, vehicles, and so on. Defi programs can be grouped together like “money logos” to build new financial products.

Lending platforms

Loan markets are one of the most popular types of defaults that connect borrowers to cryptocurrency lenders. The popular Compound platform   allows users to borrow cryptocurrencies or make loans. Users can earn interest by lending their money. Compound  regulates interest rates algorithmically, so if there is more demand for cryptocurrency borrowing, interest rates will go up.

Lending is based on collateral, which means that the user needs to provide collateral (often ether, which is one of the sources of atrium power) to get a loan   . This means that, unlike centralized systems, users do not disclose their identities or credit scores.

Stablecoins

Another form of  defa  is Stablecoins . Encrypted currencies often experience more volatility than Fiat or regular currencies, which is not a good thing for people who want to know how much their money is worth in another week.

StableCoin connects cryptocurrencies to non-cryptocurrencies such as the US dollar to control their price. As the name implies, StableQueen   strives to “stabilize” prices.

Forecast Markets

Diffa one of the oldest programs on the basis of  the Atrium  , small files are the so-called  “prediction market, where the user clicks on the result of some events, such as” Is Donald Trump for president 2020 will be the winner? ”  They bet.

Participants aim to make money, however forecasting markets can sometimes predict results better than conventional methods such as polls.

Centralized forecasting markets with a good track record include  Intrade  and  PredictIt  . Defay has the potential to increase people’s interest in forecasting markets, as they have traditionally been neglected by governments and often shut down when run centrally.

Frequently Asked Questions About Defi

How do I make money through Difai?

The value of Ethereum DeFi projects   is exploding as many users reportedly make a lot of money this way.

As mentioned above, using Atrium-based lending programs, users can generate “passive income” by lending their money and making interest on loans   . Product production, as described above, can yield even greater returns, but with greater risk.

Difai allows users to take advantage of Difai lending to use their encrypted assets to generate the best possible return. However, these systems are complex and often lack transparency.

Is investing in Defi safe?

No, it is risky. Many believe that it is the defense of the world’s financial future, and early investment in this decentralized technology can lead to huge gains.

But it is difficult for newcomers to distinguish between good and bad projects. There have been many bad projects.

As Difa grows in popularity and popularity by 2020, many Difa programs, such as the  YAM meme coin,  have collapsed, raising market capitalization from $ 60 million to $ 0 in 35 minutes. Other Defi projects, such as Hot Dogs and Pizza, suffered the same fate, and many investors lost their capital.

In addition, Defi bugs are unfortunately still very common. Smart contracts are powerful, but once the rules are in place in the protocol, they can no longer be changed, which usually makes the bug permanent and therefore increases the risk.

Labels: Order to build a Forex robot , Build a stock trading robot , Build a trading robot , Trader robot design , Free Forex Robot , Forex robot programming , Forex Expert Making Tutorial , Build a trading robot with Python , Download Forex Trading Robot , Buy Forex Trader Robot , Automated Forex Robot , Free stock trading robot ,  Learn how to build a Forex trading robot , Alpari trading robot , Forex robot for Android ,  MetaTrader robot design , MetaTrader robot programming , Forex robot design , Forex robot programming , Automated trading

When will Defai become normal among people?

As more and more people turn to Defi programs, it’s hard to say when this will happen. Much of this depends on who finds them useful and why.

Many believe that Diffie’s various projects have the potential to become the   next Robinhood , and with more comprehensive and open-ended financial applications, they attract large numbers of new users who have not traditionally had access to such operating systems.

This new financial technology is experimental and not without problems, especially in terms of security and scale.

The developers hope that these problems will eventually be resolved. Atrium 2.0 can  address scale concerns through a new concept known as  sharding, a way to split a database into smaller pieces that have more control over the execution of each user.

How does Ethereum 2.0 affect Difai?

Ethereum 2.0  is not a cure or a cure for all problems, but it is a good start. Other protocols, such as  Raiden  and  TrueBit  , are under construction to further address Atrium scalability.

If these solutions find their place properly, trial versions of  Ethereum DeFi  have a better chance of becoming real products.

Bitcoin and Defi

While  Ethereum is  a top member of the Defi world, many Bitcoin subsidiaries share common Atrium with the goal of reducing intermediaries from complex financial transactions. They have developed methods for doing so using the Bitcoin protocol.

For example, companies such as DG Labs   and  Suredbits  are working on a bitcoin  defense technology  called  discreet log  contracts (DLC)  . DLC  provides a way to execute complex financial contracts such as bitcoin-derived derivative contracts.

One of the uses of the  DLC is to  pay bitcoins to a person only if certain conditions are met, for example, if the Chicago White Sox team wins their next baseball game, the money will go to the winner.

Labels: Order to build a Forex robot , Build a stock trading robot , Build a trading robot , Trader robot design , Free Forex Robot , Forex robot programming , Forex Expert Making Tutorial , Build a trading robot with Python , Download Forex Trading Robot , Buy Forex Trader Robot , Automated Forex Robot , Free stock trading robot ,  Learn how to build a Forex trading robot , Alpari trading robot , Forex robot for Android ,  MetaTrader robot design , MetaTrader robot programming , Forex robot design , Forex robot programming , Automated trading