3 ms·
It's a huge space and I got into it around Feb/March of 2021. Some interesting applications I noticed are: 1. Lending Apps - A trusted decentralized applicatio
by code_devil 5y ago
It's a huge space and I got into it around Feb/March of 2021. Some interesting applications I noticed are:
1. Lending Apps - A trusted decentralized application to deposit collateral and earn more interest than a traditional bank. And then use the same application to take a loan on the basis of the deposited collateral.
Example Apps: Compound / AAVE / TraderJoe.xyz to name a few
2. Exchange Tokens - A simple application to swap between two tokens (ERC-20).
Example: Uniswap, QuickSwap, etc
3. Ownership of digital goods - Imagine if all the digital goods someone owned in Farmville could be sold, traded, exchanged. All of this is possible due to NFT's - ERC 721 Standard
Example: Aavegotchi, Axie Infinity, etc
Interesting research is happening in the field of cryptography - Zero Knowledge Proofs, Verkle Trees.
Foundations/Companies: Matterlabs, Arbitrum, Optimism, Polygon
A lot of work is happening in app development tooling:
Solidity, Ganache, Brownie, etc