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Interesting Blockchain Sectors

  Interesting Blockchain Sectors and Projects by Marshall Swatt ( @marshallswatt ) For anyone that wants to know what Bitcoin or blockchain tech is used for, these sectors have real products, offer real services, that people use and pay for, and that presumably add real value.  Sectors DeFi Decentralized Finance Lending / Yield Farming Decentralized Exchanges / Liquidity Mining Exchange Aggregators / Order Routing Automated Market Makers / Arbitrage Fiat Payment Rails Stablecoins - tokens that are pegged to a single currency, currency basket or other asset that generally maintains a stable value. These offer significant advantages, such as in facilitating payment transfers between parties with low risk of price volatility. Oracles (Reliable Sources of Data) - blockchain smart contracts execute in a highly restricted environment, for security. Inevitably these smart contracts require some outside data (like market price feeds) to enable certain capabilities. DApps (Decentralized Applica

Blockchain & Decentralized Finance (DeFi) Terms for Beginners

Use this guide to educate yourself or help others better understand Blockchain and Decentralized Finance By Marshall Swatt ( @marshallswatt ) The original whitepaper for Bitcoin, by Satoshi Nakamoto:  https://bitcoin.org/bitcoin.pdf "Layer 1": Networks  - these are the underlying blockchain networks, like Bitcoin, that facilitate transactions, maintain one or more tokens, and facilitate additional functionality such as data storage, computation or customizable behavior. There are literally hundreds - if not thousands - of layer 1 blockchain networks, offering a wide array of different benefits and capabilities, with the aim of targeting a specific market opportunity, to provide competition and spur innovation, for pure experimentation and research, to improve on existing networks, and other strategic business or novel technical differentiation theses. Who knows how this ultimately shakes out, but my bet is that Ethereum is guaranteed to have long-term healthy competition, and