Building new applications on Bitcoin thereby allows the consequent applications – whether they are facilitating digital assets, decentralized finance (DeFi) or decentralized autonomous organizations (DAO) – to benefit from Bitcoin’s network effects, all while fueling further adoption of sound money. BTC’s liquidity, the highest of any cryptocurrency including ether (ETH), is particularly critical in decentralized finance, which runs on liquidity pools. The greater amount of liquidity a protocol has, the better suited it is to power financial use cases.
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Amazon (AWS) & Avalanche (AVAX) Enter Partnership
Amazon Web Services (AWS) announced a partnership with Avalanche (AWS), a blockchain platform provider, to expand blockchain solutions for enterprises and governments. The partnership...