The World in 2022: the year of DeFi-ance? Decentralised finance—functions of the financial system recreated as applications and protocols on blockchain technology—is booming. The Ethereum blockchain settled transactions worth $2.5trn in the second quarter of 2021 alone, up from $116bn in early 2020. Cheap, free of some of the risks of traditional finance and with low barriers to entry, DeFi (as it is known) is inspiring exciting financial innovations. But it is yet to transcend the world of finance and find its purpose. Three paths lie before it. DeFi could supplant the existing financial system, perhaps by the adoption of a token as a means of payment. More likely, it might merge with conventional finance, with assets such as houses, shares and bonds finding their way onto the blockchain. Or it might find an economy all of its own, supporting a market for exclusively digital content. Decentralised platforms to distribute these kinds of content are nascent. In 2022, they may well grow up. The World in 2022: the year of DeFi-ance? 2022年的世界:去中心化金融之年? 王不留(wbliu85)注: DeFi-ance,即去中心化金融,与传统金融相比,DeFi通过区块链实现去中心、去中介、去中间人化,降低了中间环节的成本,也降低了信任的成本。 它还处于起步、探索的阶段。DeFi中出现的产品都是传统金融当中已经成熟的产品,比如抵押借贷、交易兑换、保险,但DeFi用代码和智能合约让整个生态开放、低成本信任、无需准入许可。 Decentralised finance—functions of the financial system recreated as applications and protocols on blockchain technology—is booming. The Ethereum blockchain settled transactions worth $2.5trn in the second quarter of 2021 alone, up from $116bn in early 2020. Cheap, free of some of the risks of traditional finance and with low barriers to entry, DeFi (as it is known) is inspiring exciting financial innovations. 去中心化金融 — 通过区块链技术上的应用程序和协议重建的金融系统的功能 — 正在蓬勃发展。仅2021年第二季度,以太坊区块链就成交2.5万亿美元,高于2020年初的1160亿美元。DeFi(众所周知,去中心化金融)价格便宜,没有传统金融的一些风险,进入门槛低,正激发着令人振奋的金融创新。
王不留(wbliu85)注: Ethereum(以太坊)是一个基于区块链的、去中心化的应用平台,它将 Bitcoin 的基础设施 —— 基于密码学的区块链技术构建为了一个通用的平台,并补齐了 Bitcoin 网络的一些缺失功能,以便开发者将自己的去中心化应用运行在 Blockchain 上。 But it is yet to transcend the world of finance and find its purpose. Three paths lie before it. DeFi could supplant the existing financial system, perhaps by the adoption of a token as a means of payment. More likely, it might merge with conventional finance, with assets such as houses, shares and bonds finding their way onto the blockchain. Or it might find an economy all of its own, supporting a market for exclusively digital content. Decentralised platforms to distribute these kinds of content are nascent. In 2022, they may well grow up. 但它还没有超越金融领域找到自己的目标。前方有三条探索之路。去中心化金融(DeFi)取代现有金融体系,或许可以采用代币作为支付手段。更有可能的是,它与传统金融合并,房屋、股票和债券等资产纳入区域链。或者,它可能会成为一个完全属于自己的经济体,支持一个纯数字内容的市场。分发此类内容的去中心化平台还处于萌芽阶段。2022年,它们很可能会长大。
王不留(wbliu85)注: 1. Token是一个在区块链生态里用于流通的货币。就像我们所说的比特币、以太坊都是Token(代币)。 在一般情况下来说,Token一经发行,就必须得按照区块链的代码执行,是一个独立的且不受任何机构控制的货币。比特币、以太坊、瑞波币、莱特币、以太坊经典是当前市值排名前五的Token。 2. 去中心化金融(DeFi)不再依赖旧有、低效的基础架构,而是利用密码学、去中心化和区块链来构建新型金融体系。 该系统可以更有效、公平和开放的方式访问知名金融服务,完成付款、借贷和交易。
最重要的是,区块链上的一切均透明可见。交易量、未偿还贷款数、总债务……所有这些都可在区块链上检查获得可靠答案。而且,这些数字不能被篡改。 比特币、以太坊及其底层技术的发明,让这一切变得可能。 尤其是以太坊,它作为一种智能合约平台,可以创建任意金融应用程序,因此成为绝大多数DeFi活动的首选区块链。 今天的经济学人全英文早报请看 ->> “The Economist Espresso 20211231” 。 注:每周一到周五更新早报精选;周六提供当日刊《经济学人》内容精华及下载链接。 |
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