{"id":4280,"date":"2021-04-18T13:23:54","date_gmt":"2021-04-18T13:23:54","guid":{"rendered":"https:\/\/afluxcoin.com\/23\/is-ethereum-destined-to-be-king-of-defi\/"},"modified":"2021-04-18T13:23:54","modified_gmt":"2021-04-18T13:23:54","slug":"is-ethereum-destined-to-be-king-of-defi","status":"publish","type":"post","link":"https:\/\/afluxcoin.com\/pt\/23\/is-ethereum-destined-to-be-king-of-defi\/","title":{"rendered":"Is Ethereum Destined to be King of DeFi?"},"content":{"rendered":"

About a week ago, in the mundane world beyond blockchain, scientists confirmed the existence of a particle that may change the laws of physics as we know them.In news closer to home, Bitcoin pushed well over $60,000 and Ethereum climbed to nearly $2,300. However, as the value of crypto continues to climb with gravity-defying consistency buoyed by the lift of mainstream acceptance from institutional investors and new retail buyers, the fact is that true mainstream usage of blockchain is still a work in progress.We in the blockchain community are used to looking for the big picture of this technology that will certainly change the human world and it can put us at risk of blindness to criticism \u2014 the \u201cnormies\u201d don\u2019t have the same generous vision. They will use blockchain when it is the best solution available for something they want to do \u2014 and with no consideration for our finer goals of democratized and decentralized finance.Decentralized Finance (DeFi) projects have us covered with viable use cases that can extend to everything from loans and insurance to games and Non-Fungible Tokens (NFTs). However, DeFi relies on Ethereum smart contracts \u2014 and despite the triumphant launch of Issue 0 of Eth 2.0 in December 2021, Ethereum is still in the position of innovating to overcome issues of global enterprise scaling, speed, and Gas fees. The April 14 launch of Ethereum Berlin is an upgrade and attempt to address the Gas fees issue.Not intending to diminish the brilliant innovation that drives the Ethereum Network, but they still have something to prove, not only to our little community but to the world at large. This raises the question \u2014 if the DeFi race to progress is still ongoing, is Ethereum the only viable competitor?We requested commentary from alternative networks and gaming projects that\u2026<\/p>","protected":false},"excerpt":{"rendered":"

About a week ago, in the mundane world beyond blockchain, scientists confirmed the existence of a particle that may change the laws of physics as we [\u2026]<\/span><\/p>","protected":false},"author":0,"featured_media":2796,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/afluxcoin.com\/pt\/wp-json\/wp\/v2\/posts\/4280"}],"collection":[{"href":"https:\/\/afluxcoin.com\/pt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/afluxcoin.com\/pt\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/afluxcoin.com\/pt\/wp-json\/wp\/v2\/comments?post=4280"}],"version-history":[{"count":0,"href":"https:\/\/afluxcoin.com\/pt\/wp-json\/wp\/v2\/posts\/4280\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/afluxcoin.com\/pt\/wp-json\/"}],"wp:attachment":[{"href":"https:\/\/afluxcoin.com\/pt\/wp-json\/wp\/v2\/media?parent=4280"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/afluxcoin.com\/pt\/wp-json\/wp\/v2\/categories?post=4280"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/afluxcoin.com\/pt\/wp-json\/wp\/v2\/tags?post=4280"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}