Recent research has found that in the past year, DeFi’s influence is comparable to that of FinTech.
1.Trust-based vs trust-minimised
The Trusted-based operating model depends on the absolute trust behind the operating organization. There is no choice but to trust. The trust-minimised model does not depend on the organization, but verifies the audit by any means, making the process completely open.
While FinTech is rooted in the trust mechanism, DeFi will greatly reduce its dependence on trust.
2. Trust system vs open source
The software system used by FinTech is privately owned by a company, and its operating environment is a fully trusted environment controlled by individuals. All transactions and liquidation depend on a trust system, not the code itself.
The software systems used by DeFi are all open source. Whether it is BTC or the Lightning Network, or through Ethereum smart contracts, the execution of the core logic is all protected by cryptography and is irrevocable. The execution process is on a detrusted blockchain network, and the result does depend on trusting the system.
1.Trust based vs Trust minimised
Trusted-based的运行模式讲求绝对信任背后运行组织,除了信任,别无选择。 Trust-minimised则不注重背后的组织,而是通过任何方式去验证审核,具有完全开放的优点。
而FinTech根植于所谓的信任机制,而DeFi 将对信任机制的依赖大幅降低。
2.信任系统 vs 开放源代码
DeFi 所用的软件系统都是开放源代码的。不管是比特币还是闪电网络,抑或是通过以太坊智能合约,核心逻辑的执行都是由密码学保护且不可撤销的,执行过程在一个去信任的区块链网络上,执行结果也无需信任系统的干预。