Blockchain applications have evolved far beyond simple token transfers. Today’s leading decentralized platforms support lending, trading, governance, digital ownership, and automated business logic through smart contracts programs that run on a blockchain and store both code and state at a specific address. Ethereum’s developer documentation defines smart contracts in exactly those...
Decentralized finance, more commonly called DeFi, has become one of the most important innovations to emerge from blockchain technology. Instead of relying on banks, brokers, payment processors, or other centralized intermediaries, DeFi uses smart contracts to provide financial services directly on blockchain networks. These services include lending, borrowing, trading, staking, payments, asset...
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