What Is BTCFi? A Beginner’s Guide to Bitcoin’s DeFi Ecosystem

BTCFi diagram showing Bitcoin connected to DeFi protocols via sidechains

What Is BTCFi? BTCFi stands for Bitcoin-based decentralized finance. It allows users to access financial services using Bitcoin or Bitcoin-linked networks. Originally, Bitcoin was used only for simple payments or as a store of value. It didn’t support smart contracts like Ethereum, so it was left out of the DeFi boom. But that’s changing. Thanks … Read more