DeepNewz, mobile.
People-sourced. AI-powered. Unbiased News.
Decentralized Finance (DeFi) has emerged as a pivotal use case for blockchain technology, particularly on the Ethereum platform. Various commentators emphasize that the core value proposition of public blockchains lies in their ability to permissionlessly move value, with Ethereum offering a robust framework for programmable applications. Many argue that DeFi is the primary reason for Ethereum's value, asserting that its unique features, such as censorship resistance and programmability, are essential for its functionality. Some experts further claim that without DeFi, blockchain technology lacks a distinctive value proposition that could not be addressed through traditional cryptography and peer-to-peer networking. While DeFi has garnered significant interest and excitement, concerns have been raised regarding its accessibility, particularly for individuals without substantial collateral, as over-collateralized loans may not benefit those who are financially disadvantaged.
