‘The only thing holding us back is us,’ says Charles Hoskinson on DeFi's future

‘The only thing holding us back is us,’ says Charles Hoskinson on DeFi's future

In a live YouTube session, Hoskinson delivered a 30-minute briefing on the need for collaboration and friendliness within the DeFi industry. The total value locked, or TVL, in decentralized finance (DeFi) has soared to over $250 billion as 2021 closes out, with most activity on Ethereum, according to DeFi Llama. The budding DeFi industry only became mainstream during summer 2021.While TVL valuations underscore the rapid growth of the industry, Cardano (ADA) founder Charles Hoskinson has warned about the challenges facing DeFi. In a YouTube video entitled, "DApps and Cardano DeFi Alliance,"....


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Africa is the future of DeFi, argues Cardano’s Charles Hoskinson

The CEO of Cardano developers IOHK sees a promising path towards DeFi adoption throughout the world's second-most populous continent In one of his frequent Youtube missives to his following, CEO of IOHK — the developers behind the Cardano Blockchain — Charles Hoskinson revealed that the company’s long-term developmental focus will hinge on Africa, going so far as to say the world’s second-most populous continent might be the future for decentralized finance (DeFi) development. ““When we ask ourselves, ‘who will be the consumers of DeFi who will be in need of identity systems and payment....