HISTORY of DIGITAL CURRENCIES

[VIDEO]

from Gary Gensler's Class at MIT: Blockchain and Money

N.B.: beginning at 7:03 - ENDS AT 15:36

### THE HISTORY OF DeFi

"Despite whether Bitcoin should be classified as DeFi or not, its inception was the key enabler for the whole cryptocurrency industry which decentralized finance is part of."

History Of DeFi – From Inception To 2021 And Beyond Finematics (Apr 2021).

Link to Text and/or Video HERE

DeFi EXPLAINED

SMART CONTRACTS AND dAPPS

## [TEXT]

"A smart contract is code that lives on the Ethereum blockchain and runs exactly as programmed. Once smart contracts are deployed on the network you can't change them. Dapps can be decentralized because they are controlled by the logic written into the contract, not an individual or company." INTRODUCTION TO DAPPS, Etherium Dot Org (May 2022).

Link to the Article is HERE

## [VIDEO]

Larry Lessig (Harvard Law, Stanford Law) from Gary Gensler'e class at MIT

N.B.: beginning at 33:28

[TEXT]

"DApps, or decentralized applications, are smart contract-powered blockchain-based versions of apps popularized by the Ethereum network."

The History and Evolution of DApps and DeFi, Olamide Fred-Ahmadu (Mar 2022).

Link to the Text is HERE