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U-Zyn Chua Profile picture
U-Zyn Chua
@uzyn
CTO & Co-Founder @CakeDeFi. Lead Researcher @DeFiChain. Breathing #bitcoin since 2009. Love d14n & progrock.
Nov 20, 2022 • 18 tweets • 10 min read
As @defichain has recently overtaken one of the large DeFi blockchains – @solana in terms of TVL defillama.com/chains, a lot have started to wonder what @defichain is.

A thread to introduce you to the wonderful world of @defichain 🧵:

1/ @defichain is a Bitcoin code-fork, like @Litecoin and @dashpay. It was a project started in 2019 with the idea of introducing secure DeFi via Bitcoin Script style en.bitcoin.it/wiki/Script – limited instruction sets just sufficient for DeFi, but nothing more.

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