π€ Time to get down and techy once more
πΈ Today's topic is #Decentralization: what it is, why it's vitally important to the crypto industry and how Chainge is paving the way towards a trustless #Web3 where #blockchain technology achieves its true potential
πΈ Today's topic is #Decentralization: what it is, why it's vitally important to the crypto industry and how Chainge is paving the way towards a trustless #Web3 where #blockchain technology achieves its true potential
What does this mean?
In short, with DeFi you are in control and OWN your money (self-custody). On the opposite side, with centralized finance (CeFi) you GIVE UP custody of your assets. So, if the bank or exchange goes poof (for whatever reason), your assets go poof as well.
In short, with DeFi you are in control and OWN your money (self-custody). On the opposite side, with centralized finance (CeFi) you GIVE UP custody of your assets. So, if the bank or exchange goes poof (for whatever reason), your assets go poof as well.
Implications
Self custody translates to the already well-known tagline: "your keys, your coins". When you own your keys/seed-phrase, regardless of what happens to the underlying service provider you can always use them to import your assets into any other self-custodial wallet.
Self custody translates to the already well-known tagline: "your keys, your coins". When you own your keys/seed-phrase, regardless of what happens to the underlying service provider you can always use them to import your assets into any other self-custodial wallet.
Benefits
Not having to rely on people to handle your money is the core of the blockchain spirit.
And leaving aside the critical security aspect there are countless other benefits to decentralization, among which: service automation, resiliency, speed & cost efficiency.
Not having to rely on people to handle your money is the core of the blockchain spirit.
And leaving aside the critical security aspect there are countless other benefits to decentralization, among which: service automation, resiliency, speed & cost efficiency.
Chainge is changing the face of DeFi one innovative solution at a time
1. the ultimate Decentralized Cross-chain Solution
2. the most liquid Cross-chain Aggregated DEX
3. the decentralized Escrow Service
4. the decentralized form of staking: Time-Framing
1. the ultimate Decentralized Cross-chain Solution
2. the most liquid Cross-chain Aggregated DEX
3. the decentralized Escrow Service
4. the decentralized form of staking: Time-Framing
5. the first decentralized Options DEX
6. self-custodial Cross-Chain Wallet
7. decentralized Perpetuals Module (powered by @GMX_IO)
8. payments via Twitter handle, phone number or Chainge username
In a nutshell:
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6. self-custodial Cross-Chain Wallet
7. decentralized Perpetuals Module (powered by @GMX_IO)
8. payments via Twitter handle, phone number or Chainge username
In a nutshell:
ππ―ππ«π²ππ‘π’π§π πππ π’ π’π§ πππ ππ©π©
1. Cross-chain roaming:
https://twitter.com/FinanceChainge/status/1620342555526451202?s=20&t=5XNm-EvQY55_mO7PU7gM3Q
2. The cross-chain aggregated DEX:
https://twitter.com/FinanceChainge/status/1587115995906408450?s=20&t=5XNm-EvQY55_mO7PU7gM3Q
8. Send assets via Twitter
https://twitter.com/FinanceChainge/status/1517434735760449537?s=20&t=AmJdcRJV3gBKtFJT1tKBfg
So, Chainge not only stands as the most liquid DeFi trading venue, but also as the one stop DeFi shop for all your crypto needs.
No custodians, no flimsy bridges, no fine writing.
Just #fintech at its finest.
No custodians, no flimsy bridges, no fine writing.
Just #fintech at its finest.
β’ β’ β’
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