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  2. Cardano (blockchain platform) - Wikipedia

    en.wikipedia.org/wiki/Cardano_(blockchain_platform)

    Cardano implemented decentralized finance (DeFi) services on September 12, 2021, including an upgrade to enable smart contracts and the ability to build decentralized applications (DApps). [48] Also included is Plutus, a smart contract language written in Haskell , and Marlowe, a domain-specific language designed by Simon Thompson for non ...

  3. Wave Financial Launches $100M Cardano DeFi Ecosystem ... - AOL

    www.aol.com/news/wave-financial-launches-100m...

    The Wave ADA Yield fund will be established in order to provide support for the development of new DeFi Dapps in the Cardano ecosystem. Wave Financial Launches $100M Cardano DeFi Ecosystem Growth Fund

  4. Decentralized finance - Wikipedia

    en.wikipedia.org/wiki/Decentralized_finance

    A decentralized exchange can still have centralized components, whereby some control of the exchange is still in the hands of a central authority. The governance of a DeFi platform, typically as part of a Decentralized Autonomous Organization, is done through tokens that grant voting rights and are distributed amongst participants. However, the ...

  5. Decentralized application - Wikipedia

    en.wikipedia.org/wiki/Decentralized_application

    In exchange, they are rewarded with the initial tokens distributed by the system. [7] Lastly, as greater numbers of participants join the network, either through utilisation of the DApp or through contributions to the DApp's development, token ownership dilutes, and the system becomes less centralised.

  6. 7 Well-Known Cryptocurrencies You Should Never Invest In ...

    www.aol.com/finance/7-well-known-crypto...

    “By the time they hit a cryptocurrency exchange, they’re already done. ... Cardano (ADA) “Cardano is a protocol that has a lot of hype and a lot of institutional money. ... DeFi is worth ...

  7. Cardano-Based Decentralized Exchange SundaeSwap Off to ... - AOL

    www.aol.com/news/cardano-based-decentralized...

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  8. Ouroboros (protocol) - Wikipedia

    en.wikipedia.org/wiki/Ouroboros_(protocol)

    Ouroboros BFT was an interim version used in 2020 to enable the switch between the Classic and Praos versions of Cardano using a hard fork combinator [7] that preserved the blockchain history; [8] [non-primary source needed] [9] Ouroboros Praos (2017) [10] provided security against fully-adaptive corruption in the semi-synchronous model. At ...

  9. Smart contract - Wikipedia

    en.wikipedia.org/wiki/Smart_contract

    A smart contract is a computer program or a transaction protocol that is intended to automatically execute, control or document events and actions according to the terms of a contract or an agreement.

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