I was curious to know about the Vipassana technique and landed on this random article where I learned about this important concept of indifference. The mindset of being indifferent helps me a lot in knowing how to react in different situations. Reaction indifferently to different situations is not as easy as it seems to be. Gautam Buddha was considered to be enlightened and have achieved the state of being indifferent to any situations or any circumstance he faced!

Defi makes it possible to do all the things that traditional finance does, but with a catch. It eliminates centralized authority. The transaction in decentralized finance does not go through any intermediaries. The transactions are peer-to-peer. For instance, let's say you want to buy a loan. In traditional finance, you'll go to the bank and get a loan. The bank is the intermediary. It takes money from people as reserves, generates that cash flow, and gives loans in expecting profits from the interest rates. What if we replace the banks and the functionality of banks and its working is done via codes and smart contracts? That’s what Decentralized Finance can offer.

Blockchain explained in simple words can be considered as a distributed database or ledger which is immutable once deployed. Every node/participant in the blockchain network has a copy of the data or ledger. This makes it hard to attack blockchain networks as there is no single point of failure. The…