About DeFi

in #blockchain • 3 years ago

In #defi we code saving, lending, banking, moving money, and so on; to self-executing programs that exist on a kind of Database (blockchain), that is prone to modification to some good extent.

A machine does not care about most of what a bank or institute employee might care about when serving you.

and about the degree of modification, Openzeppelin provides a service that allows Smart Contracts to be upgraded.
Openzeppelin Upgradeable Contracts: https://lnkd.in/eEJPVsq9
upgradeable

Also, #solidity provides functionality that allows total destruction of a Smart Contract; which I don't see why it is not deprecated yet.

#defi #openzeppelin #freeaccess #solidity
3 years ago in #blockchain by
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     3 years ago 

    Would u please describe it in a simple way, im not in IT but i like to be more educated about it, thsnk u very much

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