DeFi vs. Web3: Key Differences Explained
Understanding the distinction between DeFi and Web3 is crucial for anyone exploring the modern blockchain ecosystem. While closely connected, DeFi (Decentralized Finance) and Web3 represent different layers and scopes of decentralization in digital technology and online finance. Is DeFi Part of Web3? Yes, DeFi is a subset within the broader Web3 ecosystem. DeFi leverages blockchain technology…