Atomic Swaps and Their Importance in Blockchain Space

The increase in the number of cryptocurrencies affords the consumer a more extensive choice of coins to use. However, exchanging them when the need arises proves a tedious affair due to the different blockchain technologies.  Usually, the parties will have to find a third entity such as a cryptocurrency exchange, to act as the transaction's trustee. Consequently, it could be both expensive and time-consuming as not all cryptocurrency exchanges support all coins. Migration of accounts or sourcing for intermediary currencies…

Charlie Lee Airs His Skepticism with Regards to DeFi

The creation of Defi is primarily focused on providing a platform that runs on blockchain and is independent of other external centralized institutions. Mainly Defi platforms are supposed to be completely decentralized, and they help complete serious tasks by leveraging smart contracts.  According to Charlie Lee, the creator of Litecoin (LTC), however, there is a high chance that centralized networks can be linked with a significant portion of Defi. Mr. Charlie suggested that it's vital for Defi to have a…