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Gym Landing Page

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SugarBake

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Decentralized Finance

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 Decentralized Finance With the booming rise of cryptocurrencies into a trillion-dollar industry. It ignites a global spark of disruption of financial institutions. With advancement and innovation in cryptocurrencies along with recent series of events that shaped the crypto space for prominent growth. Establishing Bitcoin and other cryptocurrencies as a promising asset. However, financial institutions don't consider cryptocurrencies as a significant investment due to its price volatility, lack of stability and adoption. Economic value exchange in financial markets drives the prosperity of society. In a centralized space, Whenever a person invests. They necessarily have to include intermediaries of financial institutions such as banks. Such financial institutions or intermediaries take away the control from the individual and put it under the dominance of central authorities or government institutions. Detracting the control and authority of financial mobility from the individual by

Blockchain

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Blockchain What is blockchain?  A blockchain is a collection of encrypted information stored electronically in a digital format.Data held in the blockchain spreads out among several users at various locations through network nodes.  Blockchain plays a crucial role in cryptocurrency for maintaining a secure and decentralized record of transactions. As it generates fidelity among users without involvement of a third party.  Why use blockchain?  A point of difference between a database and a blockchain is the structure of its data.  A database structures data into tables whereas a blockchain structures data into blocks that are strung together in a chronological order. This structure inherently makes an irreversible timeline when implemented in a decentralized environment. When a block is filled it becomes a part of the chain. Each block in the chain is notified with an exact timestamp when it is added to the chain.Blocks are linked together via cryptography. For example, Suppose a comp