This is a short bulletin on several key words I have came across while learning about all things crypto.
DeFi is an acronym that means decentralized finance and it refers to DApps. They contain the value, smart contracts, and operations of ETH. ETH is another acronym for Ethereum.
Decentralized as in decentralized finance means the finance is not owned by one single person rather it is owned by many.
Crypto is is completely Permissionless meaning anyone may participate in the crypto currency market.
I hope this helps.
