{"id":97731,"date":"2020-10-21T08:42:26","date_gmt":"2020-10-21T06:42:26","guid":{"rendered":"https:\/\/prohoster.info\/blog\/administrirovanie\/defi-obzor-rynka-skamy-czifry-fakty-perspektivy"},"modified":"2020-10-21T08:42:26","modified_gmt":"2020-10-21T06:42:26","slug":"defi-obzor-rynka-skamy-czifry-fakty-perspektivy","status":"publish","type":"post","link":"https:\/\/prohoster.info\/sk\/blog\/administrirovanie\/defi-obzor-rynka-skamy-czifry-fakty-perspektivy","title":{"rendered":"DeFi \u2014 preh\u013ead trhu: podvody, \u010d\u00edsla, fakty, perspekt\u00edvy","gt_translate_keys":[{"key":"rendered","format":"text"}]},"content":{"rendered":"<blockquote>\n<p>DeFi je st\u00e1le v poriadku, ale nemali by ste sa spr\u00e1va\u0165 tak, akoby to bolo miesto, kam by mali be\u017en\u00ed \u013eudia nosi\u0165 v\u0161etky svoje \u00faspory. V. Buterin, zakladate\u013e Ethereum. <\/p>\n<p>Cie\u013e DeFi, ako rozumiem, spo\u010d\u00edva v odstr\u00e1nen\u00ed sprostredkovate\u013eov a umo\u017enen\u00ed \u013eu\u010fom, aby si navz\u00e1jom priamo komunikovali. A vo v\u0161eobecnosti je doh\u013ead nad finan\u010dn\u00fdm syst\u00e9mom postaven\u00fd tak, aby reguloval sprostredkovate\u013eov. H. Pierce, komis\u00e1r SEC. <\/p>\n<p>Ak bublina DeFi do\u010dasne praskne, prospeje to BTC a ETH, preto\u017ee z\u00edskaj\u00fa ve\u013ek\u00fd pr\u00edsun kapit\u00e1lu. Euf\u00f3ria m\u00f4\u017ee ust\u00fapi\u0165, ale iba na kr\u00e1tkodob\u00e9 obdobie, preto\u017ee v\u00fdhody a potenci\u00e1l DeFi s\u00fa pr\u00edli\u0161 o\u010dividn\u00e9 na to, aby sa ignorovali. D. Hai, CEO OKEx. <\/p>\n<p>32% \u00fa\u010dastn\u00edkov kryptomarketov priznalo, \u017ee nerozumie z\u00e1kladom decentralizovan\u00fdch financi\u00ed. D\u00e1ta prieskumu Blockfolio.<\/p>\n<\/blockquote>\n<p><img decoding=\"async\" alt=\"DeFi \u2014 preh\u013ead trhu: podvody, \u010d\u00edsla, fakty, perspekt\u00edvy\" src=\"\/wp-content\/uploads\/2020\/10\/3411aee9100c245fca50d42d2a9e90a9.jpeg\" style=\"display:block;margin: 0 auto;\" \/><\/p>\n<p><noindex><a rel=\"nofollow\" href=\"https:\/\/ru.wikipedia.org\/wiki\/%D0%94%D0%B5%D1%86%D0%B5%D0%BD%D1%82%D1%80%D0%B0%D0%BB%D0%B8%D0%B7%D0%BE%D0%B2%D0%B0%D0%BD%D0%BD%D1%8B%D0%B5_%D1%84%D0%B8%D0%BD%D0%B0%D0%BD%D1%81%D0%BE%D0%B2%D1%8B%D0%B5_%D1%81%D0%B5%D1%80%D0%B2%D0%B8%D1%81%D1%8B\"><em>DeFi<\/em><\/a><\/noindex><em> Trh zaplnili; DeFi \u2014 nov\u00fd hype; DeFi \u2014 nov\u00e9 ICO; DeFi \u2014 a nie\u010do \u010fal\u0161ie: toto po\u010du\u0165 z ka\u017ed\u00e9ho r\u00e1diov\u00e9ho prij\u00edma\u010da, monitora a in\u00fdch, niekedy \u00faplne nevhodn\u00fdch zariaden\u00ed. Po 1001-kr\u00e1t rozpr\u00e1va\u0165, \u010do je blockchain, tokeny a ako v\u0161etko toto mo\u017eno vyu\u017ei\u0165, \u2014 nechce sa mi: na internete je plno <\/em><noindex><a rel=\"nofollow\" href=\"https:\/\/assets.coingecko.com\/books\/how-to-defi\/How_to_DeFi_Russian.pdf\"><em>bezplatn\u00fdch<\/em><\/a><\/noindex><em> materi\u00e1lov na t\u00e9mu. Obzvl\u00e1\u0161\u0165 nie na \u00farovni Habra \u2014 u\u010di\u0165 to, \u010do je zrejm\u00e9. In\u00e1 vec je, \u017ee chcem skompilova\u0165 sk\u00fasenosti posledn\u00fdch 1,5 rokov, aby som \u010ditate\u013eovi poskytol viac-menej objekt\u00edvny obraz, odstr\u00e1ni\u0165 zbyto\u010dn\u00e9, ako z poh\u013eadu kritika, tak aj chv\u00e1li\u010da, ale necha\u0165 len to podstatn\u00e9 \u2014 so\u013e a vlastn\u00e9 videnie. Preto bude ve\u013ea odkazov, \u010d\u00edsel a grafov. <\/em><\/p>\n<h3>\u010co m\u00e1me? A hlavn\u00e9 \u2014 pre\u010do?<\/h3>\n<p>Po prv\u00e9, ohromn\u00e9 mno\u017estvo neaud\u00edtovan\u00fdch alebo, \u010do je hor\u0161ie \u2014 aud\u00edtovan\u00fdch oneskorene (na-<noindex><a rel=\"nofollow\" href=\"https:\/\/github.com\/quantstamp\/sushiswap-security-review\">pr\u00edklad<\/a><\/noindex> \u010d. 00 alebo na-<noindex><a rel=\"nofollow\" href=\"https:\/\/github.com\/iearn-finance\/audits\/blob\/master\/Quantstamp%20-%20Yearn.Finance%20Security%20Review.pdf\">pr\u00edklad<\/a><\/noindex> \u010d. 01 a <noindex><a rel=\"nofollow\" href=\"https:\/\/quantstamp.com\/blog\/yearn-finance-security-review\">pr\u00eddavn\u00e9<\/a><\/noindex>. k nemu) projektov. Po druh\u00e9, nepochopite\u013en\u00e9 mno\u017estvo podvodov najprimit\u00edvnej\u0161ieho stup\u0148a (o tom \u2014 ni\u017e\u0161ie). Po tretie, nevyu\u017e\u00edvanie 1-10% potenci\u00e1lu projektov kv\u00f4li ban\u00e1lnej chamtivosti, ktor\u00e1 s\u00fastred\u00ed v\u0161etku pozornos\u0165 na dve-tri sch\u00e9my \u201er\u00fdchlych a \u013eahk\u00fdch\u201c pe\u0148az\u00ed. <\/p>\n<p>Prip\u00e1jam tri vyhl\u00e1senia, aby som nemusel diskutova\u0165 o tom, \u010do mi (aspo\u0148 osobne) lezie na nervy: v ICO podvodoch, <strong>ktor\u00e9 vyzbierali aspo\u0148 nie\u010do<\/strong> a nakoniec sa \u00faplne zr\u00fatili, je v percentu\u00e1lnom vyjadren\u00ed menej ako v segmente VC alebo bankovom financovan\u00ed (na-<noindex><a rel=\"nofollow\" href=\"https:\/\/ipfs.io\/ipfs\/QmeW64FMrEhoBddpyTxqC7b1u9L4J5htYNy9GCZYnERdL3\">pr\u00edklad<\/a><\/noindex> \u010c. 02). Pr\u00e1ve \u00faspe\u0161n\u00e9 ICO projekty polo\u017eili technick\u00fd z\u00e1klad dne\u0161n\u00e9ho hype DeFi: Ethereum predov\u0161etk\u00fdm, Tron za n\u00edm, Bancor, Kyber Network, Brave (cez BAT) a in\u00e9. Po druh\u00e9 \u2014 kryptomeny a blockchain s\u00fa na svete skuto\u010dne \u017eiadan\u00e9: RF \u2014 sk\u00f4r v\u00fdnimka, ako aj Banglad\u00e9\u0161 alebo Turkm\u00e9nsko, napr\u00edklad. Op\u00e4\u0165 \u2014 na t\u00fato t\u00e9mu sa analytick\u00fdch spr\u00e1v n\u00e1jde dos\u0165. Po tretie: to, \u010do sa teraz deje pre 99,9% \u2014 neexistuje, hoci po\u010det pou\u017e\u00edvate\u013eov rastie: vo Venezuele, Indii, \u010cile, Argent\u00edne, na Ukrajine, v Rusku, Bielorusku, dokonca tabuizovanom <noindex><a rel=\"nofollow\" href=\"https:\/\/twitter.com\/DoveyWan\/status\/1284855765342150656\">\u010c\u00edne<\/a><\/noindex> , a na mnoh\u00fdch in\u00fdch miestach, vr\u00e1tane Japonska, \u0160vaj\u010diarska\/Lichten\u0161tajnska, africk\u00fdch kraj\u00edn a \u010fal\u0161\u00edch. A v\u0161etko preto, \u017ee neleg\u00e1lnych aktiv\u00edt v kryptomene <noindex><a rel=\"nofollow\" href=\"https:\/\/clck.ru\/RH4Jf\">je ove\u013ea menej<\/a><\/noindex>, ne\u017e vo fiatov\u00fdch men\u00e1ch. A teraz \u2014 k podstate. <\/p>\n<blockquote>\n<p>Sna\u017eiac sa vyhn\u00fa\u0165 fix\u00e1cii str\u00e1t, niektor\u00ed holdri v \u010dase kryptozimy po\u017ei\u010diavali prostriedky s pou\u017eit\u00edm digit\u00e1lnych akt\u00edv ako z\u00e1lohy, alebo depozitovali mince na z\u00edskanie mal\u00e9ho, ale pas\u00edvneho pr\u00edjmu s minim\u00e1lnym rizikom. <\/p>\n<\/blockquote>\n<p>Tak sa postupne vytvorili r\u00f4zne pr\u00edstupy, ktor\u00e9 s\u00fa podrobne pop\u00edsan\u00e9 <noindex><a rel=\"nofollow\" href=\"https:\/\/medium.com\/bollinger-investment-group\/liquidity-mining-a-user-centric-token-distribution-strategy-1d05c5174641\">tu<\/a><\/noindex>, ale stru\u010dne to znie pod\u013ea modelov takto: Fair launches, Programmatic decentralization, Growth marketing, Closer alignment, a k tomu patr\u00ed e\u0161te ratioFactor, feeFactor, wrapFactor. Z\u00e1m intentionalne ned\u00e1vam preklad a vysvetlenia (dobr\u00e9 aleg\u00f3rie s Uberom m\u00e1 autor p\u00f4vodn\u00e9ho textu), preto\u017ee tvorcovia DeFi produktov, a najm\u00e4 \u2014 t\u00ed, ktor\u00ed ich propaguj\u00fa pre masy, pou\u017e\u00edvaj\u00fa mno\u017estvo neopodstatnen\u00fdch neologizmov, ktor\u00e9 v\u00e4\u010d\u0161inou opakuj\u00fa star\u00e9 a nie pr\u00edli\u0161 dobr\u00e9 praktiky\u2026 b\u00e1nk. <\/p>\n<p>A tu s\u00fa teraz \u2014 fakty:<\/p>\n<ul>\n<li>\n<p>Covid-19 don\u00fatil banky tla\u010di\u0165 \u010doraz viac dol\u00e1rov\u2026 \u00c1no, toto u\u017e po\u010duli mnohokr\u00e1t, ale <noindex><a rel=\"nofollow\" href=\"https:\/\/i.redd.it\/1456yfcq3pl51.png\">do rokov 2008-2009<\/a><\/noindex> neexistovala alternat\u00edva: dokonca aj <noindex><a rel=\"nofollow\" href=\"https:\/\/ru.wikipedia.org\/wiki\/Liberty_Reserve\">Liberty Reserve<\/a><\/noindex> (alebo vi\u010f na <noindex><a rel=\"nofollow\" href=\"https:\/\/habr.com\/ru\/post\/393951\/\">Habr<\/a><\/noindex>) a podobn\u00e9 boli nakoniec zviazan\u00e9 s centralizovan\u00fdmi agentmi. Teraz je situ\u00e1cia in\u00e1 a <noindex><a rel=\"nofollow\" href=\"https:\/\/hub.forklog.com\/bitcoin-hedzhiruyushhij-instrument-ili-chto-nas-zhdyot-posle-defi-i-posle-posle\/\">hedgingov\u00e1 funkcia btc<\/a><\/noindex> nespo\u010d\u00edva v tom, \u017ee od za\u010diatku kr\u00edzy v roku 2018 sa minca z rozmedzia 3200-3500 USD pribli\u017ene zv\u00fd\u0161ila na 12 800 USD (k roku 2020, teda presne pred otvorenou f\u00e1zou), ale v tom, \u017ee 1 btc == 1 btc, teda to je presne <noindex><a rel=\"nofollow\" href=\"https:\/\/preview.redd.it\/xei9g228ggr51.jpg?width=1125&amp;format=pjpg&amp;auto=webp&amp;s=ceed28a6a48a58003e1095b5d861fd1c955147a1\">digit\u00e1lne zlato<\/a><\/noindex>, aby ste pod t\u00fdmto konkr\u00e9tne rozumeli, hlavn\u00fdm &#8212; je zachovanie nieko\u013eko ceny, ale predov\u0161etk\u00fdm &#8212; hodnoty. <\/p>\n<\/li>\n<li>\n<p>Z rovnak\u00e9ho d\u00f4vodu je btc, <noindex><a rel=\"nofollow\" href=\"https:\/\/btconethereum.com\">obalen\u00fd v r\u00f4znych form\u00e1ch<\/a><\/noindex> tokeniz\u00e1cia, zvy\u0161uje svoj vplyv ka\u017ed\u00fd de\u0148: v tom spo\u010d\u00edva hlavn\u00e1 v\u00fdhoda funkcie, ktor\u00fa naz\u00fdvam Middle-of-Exchange. Pr\u00eddete na burzu a chcete nie\u010do k\u00fapi\u0165? Potom potrebujete btc, eth alebo, pre t\u00fdch najriskantnej\u0161\u00edch, usdt: posledn\u00fd n\u00e1stroj v roku 2020 nabral obr\u00e1tky a predstihol btc pr\u00e1ve kv\u00f4li hype DeFi.<\/p>\n<\/li>\n<li>\n<p>To ist\u00e9 plat\u00ed aj pre bezprecedentne obrovsk\u00e9 platby (pripome\u0148me si FATF a \u0161ialenstvo 115 Z\u00e1kona v RF, o ktor\u00fdch sa na Habre p\u00edsalo nem\u00e1lo) s n\u00edzkymi poplatkami: mnoh\u00ed diskutuj\u00fa o drahom GAS v Ethereum, no zab\u00fadaj\u00fa, \u017ee poplatok za ochranu pred <noindex><a rel=\"nofollow\" href=\"https:\/\/twitter.com\/PhABCD\/status\/1285335311254540289\">DDoS<\/a><\/noindex> nikto nem\u00f4\u017ee zru\u0161i\u0165, rovnako ako \u0161\u00edrku p\u00e1sma celkovo. A s t\u00fdm v\u0161etk\u00fdm &#8212; n\u00edzke poplatky, absencia zbyto\u010dn\u00fdch kontroln\u00fdch opatren\u00ed a existenciu defla\u010dn\u00fdch modelov v niektor\u00fdch akt\u00edvach (btc je tu pr\u00e1ve \u010d. 1, napriek tomu, \u017ee cenu prehral vo\u010di tomu ist\u00e9mu <noindex><a rel=\"nofollow\" href=\"https:\/\/coinmarketcap.com\/ru\/defi\/\">YFI<\/a><\/noindex>) pri\u0165ahuj\u00fa \u010doraz viac pou\u017e\u00edvate\u013eov. <\/p>\n<\/li>\n<li>\n<p>A tak \u010falej&#8230;<\/p>\n<\/li>\n<\/ul>\n<p>V tom zmysle, \u017ee sa nazbieralo pr\u00edli\u0161 ve\u013ea drobnost\u00ed: po\u010dn\u00fac <noindex><a rel=\"nofollow\" href=\"https:\/\/quote.rbc.ru\/news\/article\/5ae098a62ae5961b67a1c21f\">negat\u00edvnymi \u00farokov\u00fdmi sadzbami<\/a><\/noindex> od vkladov, a\u017e po vyhl\u00e1senia o zdanen\u00ed v\u0161etk\u00e9ho a v\u0161etk\u00fdch, vr\u00e1tane rovnak\u00fdch vkladov v bank\u00e1ch. Ale hlavn\u00e9 to nie je: od roku 2008, a presnej\u0161ie &#8212; od roku 2010, ke\u010f sa za\u010dali s\u00fadne procesy t\u00fdkaj\u00face sa kr\u00edzy &#8217;08, v\u0161etk\u00fdm sa stalo jasn\u00e9, \u017ee offshore z\u00f3ny v s\u00fa\u010dasnej podobe u\u017e nie s\u00fa potrebn\u00e9, presnej\u0161ie &#8212; nevykon\u00e1vaj\u00fa svoje funkcie. Pr\u00edklad Cypru (ako z poh\u013eadu kr\u00edzy 2012-2013, tak aj poz\u00edcie zberu &#171;zlat\u00fdch pasov&#187;) &#8212; nie je jedin\u00fd a Belize, Bahamy, Man a mnoh\u00e9 \u010fal\u0161ie s\u00fa n\u00faten\u00e9 ust\u00fapi\u0165 FATF. Vlastne, z tohto d\u00f4vodu si pr\u00e1ve oni, ako aj Est\u00f3nsko, \u0160vaj\u010diarsko a in\u00e9 z\u00f3ny, ktor\u00e9 zar\u00e1baj\u00fa na pril\u00e1kan\u00ed zahrani\u010dn\u00fdch pe\u0148az\u00ed, uvedomili a r\u00fdchlo: kryptomeny &#8212; offshore 21. storo\u010dia! Ale poveda\u0165 je \u013eah\u0161ie, ako urobi\u0165: hype ICO je stred roku 2017 &#8212; za\u010diatok 2018, kompletn\u00fd cyklus 2013-2018. Potom bola opatrn\u00e1 snaha IEO, ale z\u00e1kony pre v\u0161etko toto sa objavili ove\u013ea nesk\u00f4r: a nez\u00e1le\u017e\u00ed na tom &#8212; \u010di ide o Franc\u00fazsko, Thajsko alebo ten ist\u00fd Lichten\u0161tajsko (o USA, \u010c\u00edne a RF v\u00f4bec nebudem ml\u010da\u0165). Najabsurdnej\u0161ia situ\u00e1cia sa pozoruje v tom, \u017ee v USA o kryptomateri\u00e1loch hovorili a\u017e v roku 2012 (a po svetovom kongrese &#8212; v\u0161ade a st\u00e1le v roku 2014: o \u010dom ostala <noindex><a rel=\"nofollow\" href=\"https:\/\/habr.com\/ru\/post\/212369\/\">m\u00f4j \u010dl\u00e1nok na Habre<\/a><\/noindex>), ale do roku 2020 <noindex><a rel=\"nofollow\" href=\"https:\/\/decrypt.co\/40819\/sec-faces-stiff-test-regulating-defi-says-hester-peirce\">komis\u00e1ri<\/a><\/noindex> SEC, sen\u00e1tori a in\u00ed mocn\u00ed administrat\u00edvneho poriadku tvrdia, \u017ee potrebuj\u00fa jasnej\u0161ie pravidl\u00e1 regul\u00e1cie trhu. A \u00e1no: ETF e\u0161te nebol spusten\u00fd, pripom\u00ednam. Preto z\u00e1konodarcovia Indie, Ju\u017enej Afriky, Austr\u00e1lie a in\u00fdch jurisdikci\u00ed \u010doraz \u010dastej\u0161ie pripom\u00ednaj\u00fa blond\u00ednku v z\u00e1kone, ktor\u00e1 na ka\u017ed\u00fa p\u00e1rty prich\u00e1dza evidentne v nespr\u00e1vnom oble\u010den\u00ed. <\/p>\n<p>Ale poviem inak: DeFi &#8212; je o flexibilite, mobilite, r\u00fdchlosti ako takej. Ale na v\u0161etkom tom s\u00fa aj niektor\u00e9 negat\u00edvne vlastnosti. <\/p>\n<h3>Ak\u00e9 s\u00fa teda nev\u00fdhody?<\/h3>\n<ul>\n<li>\n<p>Po prv\u00e9, u\u017e v rokoch 2016-2018 podvodn\u00edci pochopili, \u017ee podobnos\u0165 tickerov &#8212; cesta k &#171;\u00faspechu&#187;, ktor\u00fd sa len m\u00e1lo l\u00ed\u0161i od ban\u00e1lneho kombinovania &#171;najlep\u0161\u00edch&#187; prakt\u00edk spamu a phishingu. Preto ob\u013e\u00faben\u00e1 burza <noindex><a rel=\"nofollow\" href=\"https:\/\/twitter.com\/defiprime\/status\/1279806835839492096\">Uniswap zaplavili tony<\/a><\/noindex> falo\u0161n\u00fdch tokenov a otvoren\u00fdch minc\u00ed na kr\u00e1de\u017e. \u010eal\u0161ie pr\u00edklady: YFFI a YFII, ktor\u00e9 <strong>vzr\u00e1stli len na z\u00e1klade podobnosti<\/strong> s YFI. Okrem toho, to v\u0161etko ni\u010d\u00ed airdrop&#8217;y na koreni: n\u00e1stroj &#8212; <noindex><a rel=\"nofollow\" href=\"https:\/\/forklog.com\/uniswap-raspredelila-113-mln-tokenov-uni-sredi-polzovatelej\/\">vynikaj\u00faci<\/a><\/noindex>, ale pri takomto vyu\u017eit\u00ed je to \u0165a\u017ek\u00e9. <\/p>\n<\/li>\n<li>\n<p>Po druh\u00e9, vo ve\u013ekej miere sk\u00fasenos\u0165 <noindex><a rel=\"nofollow\" href=\"https:\/\/ru.wikipedia.org\/wiki\/The_Dao\">The DAO<\/a><\/noindex> (mimochodom, to bol presne DeFi produkt) nikoho a ni\u010domu nenau\u010dil (ihne\u010f &#8212; <noindex><a rel=\"nofollow\" href=\"https:\/\/twitter.com\/FrankResearcher\/status\/1251771278719098886\">d\u00f4kaz<\/a><\/noindex>): projekty <noindex><a rel=\"nofollow\" href=\"https:\/\/twitter.com\/frenzy_hao\/status\/1277597671847411712\">vedia o dierach<\/a><\/noindex>, ale ani sa ich nepok\u00fasia opravi\u0165 (nepripom\u00edna v\u00e1m to nie\u010do?). Navy\u0161e: o dierach vedia aj pou\u017e\u00edvatelia (poskytovatelia likvidity a \u010fal\u0161\u00ed \u00fa\u010dastn\u00edci) a aj tak \u2014 pou\u017e\u00edvaj\u00fa, vkladaj\u00fac st\u00e1le viac a viac vlastn\u00fdch prostriedkov (\u010d\u00edsla ni\u017e\u0161ie). <\/p>\n<\/li>\n<li>\n<p>Po prv\u00e9, technick\u00e9 probl\u00e9my \u2014 prv\u00e1 vrstva skuto\u010dn\u00fdch probl\u00e9mov. Kde s\u00fa ove\u013ea hlb\u0161ie \u0165a\u017ekosti s\u00favisia s ekonomick\u00fdmi modelmi, ako pre rodinu PoS, tak aj pre segment DeFi. Na to upozor\u0148ovali r\u00f4zni odborn\u00edci \u2014 dokonca <noindex><a rel=\"nofollow\" href=\"https:\/\/medium.com\/@RossUlbricht\/remaking-the-maker-protocol-4b29f879f11\">najne\u010dakanej\u0161\u00ed<\/a><\/noindex>, ale v\u00fdsledok zatia\u013e nulov\u00fd: v\u0161etky n\u00e1vrhy V. Buterina a mnoh\u00fdch \u010fal\u0161\u00edch t\u00edmov (hovor\u00edm o modeloch <noindex><a rel=\"nofollow\" href=\"https:\/\/ru.bitcoinwiki.org\/wiki\/DAICO\">DAICO<\/a><\/noindex>, <noindex><a rel=\"nofollow\" href=\"https:\/\/twitter.com\/TheBlock__\/status\/1225781683313631233\">CSO<\/a><\/noindex> od Fairmint a in\u00e9) za roky 2016-2020 s\u00fa jednoducho ignorovan\u00e9 a neexistuj\u00fa \u017eiadne decentralizovan\u00e9 escrow; \u017eiadne integr\u00e1cie s platobn\u00fdmi kan\u00e1lmi (na zn\u00ed\u017eenie n\u00e1kladov na tie ist\u00e9 poplatky) a ni\u010d, o \u010dom e\u0161te pripomeniem. <\/p>\n<\/li>\n<li>\n<p>Po \u0161tvrt\u00e9: namiesto pr\u00e1ce na chyb\u00e1ch \u2014 vznik\u00e1 nepoctiv\u00e1 konkurencia, ke\u010f nedostatky sa st\u00e1vaj\u00fa <noindex><a rel=\"nofollow\" href=\"https:\/\/twitter.com\/bigmagicdao\/status\/1278574796683395072\">n\u00e1strojom v ruk\u00e1ch \u010dierneho PR<\/a><\/noindex>, a nie d\u00f4vodom na zlep\u0161enie cel\u00e9ho ekosyst\u00e9mu. Druh\u00fdm d\u00f4sledkom je to ist\u00e9 \u2014 <noindex><a rel=\"nofollow\" href=\"https:\/\/twitter.com\/MakerDAO\/status\/1238244595835830277\">ban\u00e1lny rast<\/a><\/noindex> dlhy a in\u00e9 nezmysly (najm\u00e4 \u2014 preteky o prioritu kolater\u00e1lov), na vyrie\u0161enie ktor\u00fdch sa \u00fadajne zameriaval trh DeFi od za\u010diatku. V prvom rade ide o likvid\u00e1cie <noindex><a rel=\"nofollow\" href=\"https:\/\/www.theblockcrypto.com\/post\/58541\/crypto-market-drop-triggers-liquidations-across-makerdao-compound-lending-protocols\">pri poklese trhov<\/a><\/noindex>, ale nielen (op\u00e4\u0165 \u2014 pozri ni\u017e\u0161ie). Zriedka sa niekomu podar\u00ed od\u00eds\u0165 potichu a viac-menej poctivo: pr\u00edklad Paradigm Labs \u2014 nie je jedin\u00fd, ale ani nie masov\u00fd. <\/p>\n<\/li>\n<li>\n<p>Piate: najviac sklam\u00e1va, \u017ee <strong>zakop\u00e1vanie na mieste sa pova\u017euje za normu<\/strong>. Povedzme, \u010do robili prispievatelia ICO mnoh\u00fdch? Nakupovali na uzavret\u00fdch kol\u00e1ch (predpredaj a podobne) so z\u013eavou 10-25-50-75 percent a pred\u00e1vali ihne\u010f po zap\u00edsan\u00ed na burzu. \u010co vid\u00edme na pr\u00edklade <noindex><a rel=\"nofollow\" href=\"https:\/\/twitter.com\/Galois_Capital\/status\/1275499202018029570?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1275499202018029570%7Ctwgr%5Eshare_1&amp;ref_url=https%3A%2F%2Fforklog.com%2Ftsena-tokena-defi-servisa-compound-obvalilas-posle-listinga-na-coinbase%2F\">COMP<\/a><\/noindex>? \u0410 \u0440\u043e\u0432\u043d\u043e \u0442\u043e \u0436\u0435 \u0441\u0430\u043c\u043e\u0435. \u0418\u043b\u0438 baDAPProve \u043e\u0442 ZenGo: &#171;\u043d\u0435\u043a\u043e\u0442\u043e\u0440\u044b\u0435 \u0434\u0435\u0446\u0435\u043d\u0442\u0440\u0430\u043b\u0438\u0437\u043e\u0432\u0430\u043d\u043d\u044b\u0435 \u043f\u0440\u0438\u043b\u043e\u0436\u0435\u043d\u0438\u044f (DApps) \u0437\u0430\u043f\u0440\u0430\u0448\u0438\u0432\u0430\u044e\u0442 \u043e\u0434\u043e\u0431\u0440\u0435\u043d\u0438\u0435 \u0434\u043b\u044f \u0442\u0440\u0430\u043d\u0437\u0430\u043a\u0446\u0438\u0438 \u043d\u0430 \u043e\u043f\u0440\u0435\u0434\u0435\u043b\u0451\u043d\u043d\u0443\u044e \u0441\u0443\u043c\u043c\u0443, \u043f\u043e\u043b\u044c\u0437\u043e\u0432\u0430\u0442\u0435\u043b\u044c \u043d\u0435\u0432\u043e\u043b\u044c\u043d\u043e \u0434\u0430\u0451\u0442 \u0434\u043e\u0441\u0442\u0443\u043f \u043a \u0442\u043e\u043a\u0435\u043d\u0443 \u043d\u0430 \u0432\u0441\u044e \u0438\u043c\u0435\u044e\u0449\u0438\u0435\u0441\u044f \u0441\u0440\u0435\u0434\u0441\u0442\u0432\u0430&#187;, &#8212; \u043a\u043e\u0433\u0434\u0430 \u0440\u0435\u0430\u043a\u0446\u0438\u0438 \u043d\u0435 \u043f\u043e\u0441\u043b\u0435\u0434\u043e\u0432\u0430\u043b\u043e. \u0412 \u0440\u044f\u0434\u0435 \u0441\u043b\u0443\u0447\u0430\u0435\u0432 &#8212; \u0434\u043e \u0441\u0438\u0445 \u043f\u043e\u0440. \u0425\u043e\u0442\u044f \u0438\u043d\u0441\u0442\u0440\u0443\u043c\u0435\u043d\u0442\u044b \u0434\u043b\u044f \u0430\u043d\u0430\u043b\u0438\u0437\u0430\/\u043f\u0440\u043e\u0442\u0438\u0432\u043e\u0441\u0442\u043e\u044f\u043d\u0438\u044f \u0438\u043c\u0435\u044e\u0442\u0441\u044f: <noindex><a rel=\"nofollow\" href=\"https:\/\/github.com\/James-Sangalli\/eth-allowance\">pr\u00edklad<\/a><\/noindex> \u010d. 1 a <noindex><a rel=\"nofollow\" href=\"https:\/\/approved.zone\">pr\u00edklad<\/a><\/noindex> \u010d. 2. Alebo \u010do hovor\u00edte na nieko\u013ekon\u00e1sobn\u00e9 opakovanie sk\u00fasenosti <noindex><a rel=\"nofollow\" href=\"https:\/\/en.wikipedia.org\/wiki\/Bitconnect\">Bitconnect<\/a><\/noindex> cez tak\u00e9 \u00abslu\u017eby\u00bb ako: Pizza, HotDog, Kimchi, OnlyUp zvl\u00e1\u0161\u0165? Ak nie si v obraze, s\u00fa to Ponziho sch\u00e9my, iba ur\u00fdchlen\u00e9 o 1000 r\u00e1dov, aby nikto nemal \u010das sa zamyslie\u0165. <\/p>\n<\/li>\n<\/ul>\n<p>S t\u00fdm s\u00favisia \u2014 nieko\u013eko jasn\u00fdch pr\u00edkladov. <\/p>\n<h3>Najhlasnej\u0161ie zlomy a\/alebo podvody<\/h3>\n<ul>\n<li>\n<p><noindex><a rel=\"nofollow\" href=\"https:\/\/twitter.com\/bZxHQ\/status\/1228555300971655168\">bZx<\/a><\/noindex> \u2014 hack a $8 000 000 <noindex><a rel=\"nofollow\" href=\"https:\/\/twitter.com\/bZxHQ\/status\/1305189177730891776\">na vrch<\/a><\/noindex> \u2014 na straty. <\/p>\n<\/li>\n<li>\n<p><noindex><a rel=\"nofollow\" href=\"https:\/\/twitter.com\/opyn_\/status\/1290782102196064256\">Opyn<\/a><\/noindex> \u2014 hack za 371 000. <\/p>\n<\/li>\n<li>\n<p>Asuka.Finance \u2014 exit scam: bez koment\u00e1rov. <\/p>\n<\/li>\n<li>\n<p><noindex><a rel=\"nofollow\" href=\"https:\/\/twitter.com\/CryptoWhale\/status\/1303665831570743296\">Yfdexf.Finance<\/a><\/noindex> \u2014 $20 000 000: neviem, zvy\u010dajne chcem zobra\u0165 a overi\u0165 tak\u00e9 \u010d\u00edsla, ale nie tentoraz. <\/p>\n<\/li>\n<li>\n<p><noindex><a rel=\"nofollow\" href=\"https:\/\/www.chainnews.com\/news\/590332398917.htm\">EMD<\/a><\/noindex> \u2014 $2 500 000: podobne. <\/p>\n<\/li>\n<li>\n<p><noindex><a rel=\"nofollow\" href=\"https:\/\/twitter.com\/A_mplify\/status\/1302852245059330048\">Soft Yearn<\/a><\/noindex> (SYFI) \u2014 v porovnan\u00ed s ostatn\u00fdmi tu <noindex><a rel=\"nofollow\" href=\"https:\/\/www.coingecko.com\/ru\/%D0%9A%D1%80%D0%B8%D0%BF%D1%82%D0%BE%D0%B2%D0%B0%D0%BB%D1%8E%D1%82%D1%8B\/soft-yearn\">pokles<\/a><\/noindex> \u201elen\u201c zo $150 na $0. Hoci z\u00e1vis\u00ed od toho, \u010do a s \u010d\u00edm porovn\u00e1vame: <noindex><a rel=\"nofollow\" href=\"https:\/\/www.coingecko.com\/en\/coins\/unicorn-token\">Unicorn<\/a><\/noindex> \u2014 zo $0,0009 na $5,28 a \u2014 z kopca. <\/p>\n<\/li>\n<li>\n<p><noindex><a rel=\"nofollow\" href=\"https:\/\/twitter.com\/edwardmorra_btc\/status\/1301241450533982214\">PIZZA<\/a><\/noindex> \u2014 jeden z \u201ejedl\u00fdch\u201c ne\u00faspe\u0161n\u00fdch tokenov, ku ktor\u00e9mu m\u00f4\u017eeme prida\u0165 HOTDOG a KIMCHI. <\/p>\n<\/li>\n<li>\n<p>OnlyUP \u2014 pozri vy\u0161\u0161ie. <\/p>\n<\/li>\n<li>\n<p><noindex><a rel=\"nofollow\" href=\"https:\/\/twitter.com\/brockjelmore\/status\/1293820056682377216\">YAM<\/a><\/noindex> \u2014 $600 000 000 bez auditu a p\u00e1d: \u201eje mi v\u0161etk\u00fdch \u013e\u00fato. zlyhal som. \u010fakujem za \u0161ialen\u00fa podporu dnes. sm\u00fatim.\u201c To je v\u0161etko, \u010do mo\u017eno z\u00edska\u0165 pri nezodpovednom zaobch\u00e1dzan\u00ed s peniazmi. <\/p>\n<\/li>\n<li>\n<p><noindex><a rel=\"nofollow\" href=\"https:\/\/twitter.com\/DegenSpartan\/status\/1296036076289548289\">Pasta<\/a><\/noindex> \u2014 Taktie\u017e o jedle a tie\u017e $200 000 000 v zablokovan\u00ed: bez auditu! Hoci aj ke\u010f audit existuje \u2014 nepom\u00e1ha, preto\u017ee nikto ho ne\u010d\u00edta alebo \u010d\u00edta len zbieravo: najjasnej\u0161\u00ed pr\u00edklad \u2014 <noindex><a rel=\"nofollow\" href=\"https:\/\/www.theblockbeats.com\/flash\/13743\">LV Finance<\/a><\/noindex>, kde organiz\u00e1tori sfal\u0161ovali v\u00fdsledky auditov, aby si prisvojili peniaze investorov. Ale treba ch\u00e1pa\u0165, \u017ee pod\u013ea \u00fadajov Quantstamp bolo do j\u00fala 2020 ukradnut\u00fdch 2020 mili\u00f3nov. <noindex><a rel=\"nofollow\" href=\"https:\/\/drive.google.com\/file\/d\/1oK3zBVKz-tNVeYU1Pezzu2A-7GQqRMRp\/view\">\u0160koda<\/a><\/noindex> v MarkerDAO pri tomto jednom haku (anal\u00fdzu si m\u00f4\u017eete pre\u010d\u00edta\u0165 <noindex><a rel=\"nofollow\" href=\"https:\/\/forklog.com\/chernyj-chetverg-v-defi-kak-umelye-hakery-vyveli-8-mln-iz-makerdao-na-fone-obvala-rynka\/\">tu<\/a><\/noindex>) bola 8 000 000 ve\u010dne m\u0155tvych prezidentov, hoci <noindex><a rel=\"nofollow\" href=\"https:\/\/forklog.com\/chernyj-chetverg-vylilsya-dlya-makerdao-v-gruppovoj-isk-na-28-mln\/\">skupinov\u00e1 \u017ealoba<\/a><\/noindex> nastavil... cel\u00fdch 28 000 000 v t\u00fdch ist\u00fdch portr\u00e9toch, to znamen\u00e1, \u017ee \u010d\u00edsla zamrazen\u00fdch prostriedkov, prostriedkov vyveden\u00fdch (ukradnut\u00fdch) at\u010f. \u2014 r\u00f4zne ukazovatele, \u010do neodr\u00fdva ich d\u00f4le\u017eitos\u0165 ako celkov\u00e9ho preh\u013eadu. <\/p>\n<\/li>\n<li>\n<p><noindex><a rel=\"nofollow\" href=\"https:\/\/twitter.com\/Dogetoshi\/status\/1294099367452966913\">Krivka<\/a><\/noindex> \u2014 nepl\u00e1novan\u00e9 vydanie tokenov. <\/p>\n<\/li>\n<li>\n<p><noindex><a rel=\"nofollow\" href=\"https:\/\/twitter.com\/AndreCronjeTech\/status\/1310763507890225152\">Eminence<\/a><\/noindex> \u2014 $15 000 000... Alebo e\u0161te <noindex><a rel=\"nofollow\" href=\"https:\/\/twitter.com\/sassal0x\/status\/1308253864810872833\">MEME<\/a><\/noindex>, <noindex><a rel=\"nofollow\" href=\"https:\/\/cryptonews.net\/ru\/news\/security\/388095\/\">HatchDAO<\/a><\/noindex>, Bantiample \u2014 a mno\u017estvo \u010fal\u0161\u00edch. D\u00fafam, \u017ee toto sta\u010d\u00ed na zadr\u017eanie po\u010diato\u010dn\u00e9ho z\u00e1ujmu? <\/p>\n<\/li>\n<\/ul>\n<h3>Boj a mun\u00edcia<\/h3>\n<p>Napriek tomu, \u017ee vojnu neprij\u00edmam, aleg\u00f3riu protiostrenia brnenia a gran\u00e1tu pova\u017eujem za jednu z najlep\u0161\u00edch v celej hist\u00f3rii \u013eudstva. Tak\u017ee \u2014 tendencie k rozvoju v komunite celkovo predsa len existuj\u00fa:<\/p>\n<ul>\n<li>\n<p><strong>U\u017e asi \u0161tyri roky existuje jednotn\u00fd monitorovac\u00ed syst\u00e9m<\/strong> btc, ktor\u00e9 prich\u00e1dzaj\u00fa a odch\u00e1dzaj\u00fa z dark webu, kradn\u00fa sa at\u010f. (na-<noindex><a rel=\"nofollow\" href=\"https:\/\/markets.chainalysis.com\/#risk-illicit-placement\">pr\u00edklad<\/a><\/noindex> \u010d. 3 alebo crystalblockchain na po\u017eiadanie). Ale na tomto sa samo\u010distenie nekon\u010d\u00ed: pr\u00edklad <noindex><a rel=\"nofollow\" href=\"https:\/\/twitter.com\/dForcenet\/status\/1254738662039752704\">dForce<\/a><\/noindex> (<noindex><a rel=\"nofollow\" href=\"https:\/\/forklog.com\/klienty-vzlomannogo-defi-servisa-dforce-poluchili-nazad-svoi-25-mln\/\">podrobnej\u0161ie<\/a><\/noindex>) a najm\u00e4 mne neob\u013e\u00faben\u00fd SushiSwap \u2014 priame d\u00f4kazy o tom, \u017ee otvoren\u00e9 a anonymn\u00e9 syst\u00e9my m\u00f4\u017eu existova\u0165 v pr\u00edtomnosti nie subjektnej, ale transak\u010dnej reput\u00e1cie a interakcie \u00fa\u010dastn\u00edkov komunity celkovo. <\/p>\n<\/li>\n<li>\n<p><strong>Interakcia na r\u00f4znych \u00farovniach<\/strong>: Paradigm a MakerDAO, vytvorenie tokenizovan\u00e9ho bitcoinu, enkl\u00e1va Storj a Ethereum Classic, pomoc bielym klob\u00fakom pri hackoch, alebo fondy Huobi a Binance na vytvorenie, podporu a rozvoj DeFi startupov, financovanie KeeperDAO a Polychain Capital s Three Arrows Capital, sama hist\u00f3ria BnkToTheFuture (ten ist\u00fd Celsius tam z\u00edskal 18,8 mili\u00f3na) alebo tokenu <noindex><a rel=\"nofollow\" href=\"https:\/\/twitter.com\/AaveAave\/status\/1283431477049532417\">LEND<\/a><\/noindex> a dokonca <noindex><a rel=\"nofollow\" href=\"https:\/\/forklog.com\/tether-vernula-1-mln-polzovatelyu-otpravivshemu-usdt-na-nepravilnyj-adres\/\">absurdn\u00fd n\u00e1vrat<\/a><\/noindex> straten\u00fdch prostriedkov v USDt, ako aj mnoh\u00e9 in\u00e9 \u2014 zlep\u0161uje z\u00f3ny integr\u00e1cie v r\u00f4znych smeroch, hoci aj tu <strong>sa to deje nepredstavite\u013ene pomaly pre tak b\u00farliv\u00fd trh.<\/strong>. Osobitne si v\u0161imnem, \u017ee likvidita sa tie\u017e posledn\u00e9 1,5 roka prezentuje ako vz\u00e1jomn\u00e1 pomoc: a z tohto d\u00f4vodu agreg\u00e1tory <noindex><a rel=\"nofollow\" href=\"https:\/\/forklog.com\/messari-populyarnost-defi-agregatorov-prodolzhit-rasti\/\">likvidity<\/a><\/noindex>, po\u010dn\u00fac m\u00e1lo zn\u00e1mym b2bx a kon\u010diac mastodontmi od 0x a in\u00fdch \u2014 priamy v\u00fdsledok takejto synergie, akoby to pre v\u00e1s znelo. <\/p>\n<\/li>\n<li>\n<p><strong>Pr\u00edpadne \u010doraz \u010dastej\u0161ie v\u00fdvoj\u00e1ri<\/strong> (VIZ, MakerDAO, Ethereum Classic, YML a \u010fal\u0161\u00ed) sa sna\u017eia \u010do najr\u00fdchlej\u0161ie odovzda\u0165 v\u0161etko do r\u00fak komunity, aby <noindex><a rel=\"nofollow\" href=\"https:\/\/hub.forklog.com\/bitcoin-amp-ethereum-primery-urovnej-detsentralizatsii\/\">\u00farovne decentraliz\u00e1cie<\/a><\/noindex> nach\u00e1dzali sa na potrebnom ukazovateli, a nie s\u00fastredili sa, \u010do samo o sebe \u2014 oxymoron, <noindex><a rel=\"nofollow\" href=\"https:\/\/twitter.com\/MessariCrypto\/status\/1305530114868948994\">v ruk\u00e1ch l\u00eddrov<\/a><\/noindex> trhu. Nebude to v\u017edy a hne\u010f: povedzme, <noindex><a rel=\"nofollow\" href=\"https:\/\/twitter.com\/simoneconti_\/status\/1291396627165569026\">500 \u00fa\u010dtov<\/a><\/noindex> \u2014 nie je to \u010d\u00edslo, ku ktor\u00e9mu by sme chceli smerova\u0165 na svetovej \u00farovni, ale vektor je nastaven\u00fd spr\u00e1vne. <\/p>\n<\/li>\n<li>\n<p><strong>Je potrebn\u00e9 si uvedomi\u0165, \u017ee po BNB<\/strong> (potom m\u00f4\u017eete vzia\u0165 Token Terminal, Bankless, UNI) nat\u00edvne tokeny platforiem sa v podstate stali \u2014 n\u00e1strojom spolo\u010dn\u00e9ho rozdelenia (a \u010falej \u2014 a tokeny hlasovania\/riadenia), to znamen\u00e1 rozdelen\u00e9 pr\u00e1vnick\u00e9 osoby, o ktor\u00fdch sa hovorilo v roku 2017 \u2014 u\u017e fakt, pravda v dos\u0165 primit\u00edvnej forme. <\/p>\n<\/li>\n<li>\n<p><strong>Sn\u00e1\u010f najprekvapuj\u00facej\u0161\u00ed<\/strong> (pre extern\u00e9ho pozorovate\u013ea) pr\u00edpad \u2014 presne SushiSwap: najsk\u00f4r anonymn\u00fd (!) vlastn\u00edk rozbehne aktivitu z ... do ..., potom \u2014 hnev\u00e1 sa na v\u0161etk\u00fdch a <noindex><a rel=\"nofollow\" href=\"https:\/\/twitter.com\/AdamScochran\/status\/1302216561269379072\">odv\u00e1dza<\/a><\/noindex> prostriedky, pri\u010dom sa priamemu <noindex><a rel=\"nofollow\" href=\"https:\/\/twitter.com\/NomiChef\/status\/1302508803309498369\">riadeniu<\/a><\/noindex> nerie\u0161i, \u010falej \u2014 dost\u00e1va kolekt\u00edvnu \u017ealobu (zrejme, na dedka, ber\u00fac do \u00favahy anonymitu tvorcu), a potom... <noindex><a rel=\"nofollow\" href=\"https:\/\/twitter.com\/NomiChef\/status\/1304442521137811457?\">vracia<\/a><\/noindex> prostriedky! E\u0161te aj dost\u00e1va chv\u00e1lu od 75-90% \u00fa\u010dastn\u00edkov, aj ke\u010f rozvoj projektu sa jasne spomalil. Najprekvapuj\u00facej\u0161ie je, \u017ee v\u0161etci boli <noindex><a rel=\"nofollow\" href=\"https:\/\/twitter.com\/AdamScochran\/status\/1300887520172019713\">informovan\u00ed<\/a><\/noindex> o mo\u017enosti takejto \u00fatoku, ale nikoho to nezaujalo: doteraz <noindex><a rel=\"nofollow\" href=\"https:\/\/cryptonews.net\/ru\/news\/other\/396406\/\">d\u00fafaj\u00fa<\/a><\/noindex> v \u010destn\u00fd, nestrann\u00fd s\u00fad? <\/p>\n<\/li>\n<\/ul>\n<p>Preto nie som z\u00e1stancom ospravedlnen\u00ed, ale oblas\u0165 je minim\u00e1lne pln\u00e1 absurdity, simul\u00e1ci\u00ed a \u010fal\u0161\u00edch n\u00e1strojov pre myse\u013e. Napriek tomu, navrhnem aj n\u00e1stroje na analyzovanie: <\/p>\n<h3>N\u00e1stroje na monitorovanie a anal\u00fdzu<\/h3>\n<p>Kr\u00e1tko, preto\u017ee zoznam by sa dal pokra\u010dova\u0165 ve\u013emi a ve\u013emi dlho. Vybral som t\u00fdch, ktor\u00ed ur\u010dite nepotrebuj\u00fa reklamu:<\/p>\n<ul>\n<li>\n<p><noindex><a rel=\"nofollow\" href=\"\/sk\/defipulse.com\/\">defipulse.com<\/a><\/noindex> \u2014 celkov\u00fd stav trhu, dynamika a tak \u010falej. <\/p>\n<\/li>\n<li>\n<p><noindex><a rel=\"nofollow\" href=\"https:\/\/defirate.com\/lend\/\">https:\/\/defirate.com\/lend\/<\/a><\/noindex> \u2014 ni\u010d navy\u0161e: such\u00e9 \u010d\u00edsla (ktor\u00fdm veri\u0165 bez dodato\u010dn\u00fdch overen\u00ed sa neoplat\u00ed). <\/p>\n<\/li>\n<li>\n<p><noindex><a rel=\"nofollow\" href=\"https:\/\/messari.io\/screener\/defi-coins-7EE8EDB1\">https:\/\/messari.io\/screener\/defi-coins-7EE8EDB1<\/a><\/noindex> \u2014 alternat\u00edvny monitoring (mimochodom, tak\u00fdchto je pod\u013ea r\u00f4znych parametrov \u2014 plno: https:\/\/loanscan.io). <\/p>\n<\/li>\n<li>\n<p><noindex><a rel=\"nofollow\" href=\"https:\/\/btconethereum.com\">https:\/\/btconethereum.com<\/a><\/noindex> \u2014 ko\u013eko btc v... \u00e9teri? <\/p>\n<\/li>\n<li>\n<p><noindex><a rel=\"nofollow\" href=\"https:\/\/etherscan.io\/yieldfarms\">https:\/\/etherscan.io\/yieldfarms<\/a><\/noindex> \u2014 ak ste e\u0161te nepo\u010duli o <noindex><a rel=\"nofollow\" href=\"https:\/\/forklog.com\/defi-yield-farming-liquidity-lending\/\">farmingu<\/a><\/noindex>, potom ur\u010dite pri\u0161iel \u010das: bu\u010fte mimoriadne ostra\u017eit\u00ed! (Alternat\u00edva: <noindex><a rel=\"nofollow\" href=\"https:\/\/coinmarketcap.com\/yield-farming\/\">https:\/\/coinmarketcap.com\/yield-farming\/<\/a><\/noindex>). <\/p>\n<\/li>\n<li>\n<p><noindex><a rel=\"nofollow\" href=\"https:\/\/www.usefultulips.org\/CombinedWorldPage.html\">https:\/\/www.usefultulips.org\/Combined<em>Svet<\/em>Page.html<\/a><\/noindex> \u2014 nie je to \u00faplne o DeFi, ale o zdroji, ktor\u00fd mi umo\u017e\u0148uje pozrie\u0165 sa na trh \u0161ir\u0161ie (ak v\u00e1s to tie\u017e zaujme, odpor\u00fa\u010dam pozrie\u0165 sa aj na <noindex><a rel=\"nofollow\" href=\"https:\/\/stat.bloxy.info\/superset\/dashboard\/arbitrage\/?standalone=true\">sem<\/a><\/noindex>: jeden z najd\u00f4le\u017eitej\u0161\u00edch ukazovate\u013eov pod\u013ea DEX). <\/p>\n<\/li>\n<\/ul>\n<p>Nemienim tu uv\u00e1dza\u0165 chaty, video preh\u013eady a podobn\u00e9: tu je Google. Trendy nazna\u010duj\u00fa, \u017ee v\u0161etko je v poriadku. Hlavn\u00e9 pravidlo \u2014 nikdy neverte absol\u00fatnym \u010d\u00edslam: po tom, \u010do centralizovan\u00e9 burzy v kryptosf\u00e9re naf\u00fakli od 90 do 99 percent \u2014 je lep\u0161ie sk\u00fama\u0165 v\u0161etko v dynamike a relat\u00edvnych ukazovate\u013eoch. <\/p>\n<p>Najlep\u0161ie potvrdenie toho, \u010do bolo povedan\u00e9 \u2014 je nasleduj\u00faci graf: <\/p>\n<p><img decoding=\"async\" alt=\"DeFi \u2014 preh\u013ead trhu: podvody, \u010d\u00edsla, fakty, perspekt\u00edvy\" src=\"\/wp-content\/uploads\/2020\/10\/7fc7008527e529582d3b9a068bc7a3e0.jpeg\" style=\"display:block;margin: 0 auto;\" \/><\/p>\n<p>Pre\u010do je tento pr\u00edklad tak\u00fd d\u00f4le\u017eit\u00fd? Po prv\u00e9, preto\u017ee n\u00e1js\u0165 presn\u00e9 \u010d\u00edsla, a e\u0161te aby sa zhodovali na r\u00f4znych zdrojoch, je ve\u013emi \u0165a\u017ek\u00e9. Po druh\u00e9, zablokovan\u00e9 prostriedky \u2014 s\u00fa len jedn\u00fdm ukazovate\u013eom a aj ten m\u00f4\u017ee by\u0165 na 100 % overen\u00fd pri \u00faplnom audite slu\u017eieb, a, ako u\u017e bolo povedan\u00e9, to sa vo v\u00e4\u010d\u0161ine pr\u00edpadov neuskuto\u010d\u0148uje. Po tretie, aj keby sme pripustili nezmyseln\u00e9 rezervy vo v\u00fd\u0161ke 15 000 000 000 dol\u00e1rov \u2014 st\u00e1le dostaneme po\u010diato\u010dn\u00fa f\u00e1zu v\u00fdvoja, ktor\u00e1 vyzer\u00e1 ohromuj\u00faco len preto, \u017ee v rokoch 2017-2019 boli v\u0161etci zanepr\u00e1zdnen\u00ed nie DEX burzami, likviditou a tokeniz\u00e1ciou kryptomien ako tak\u00fdch. <\/p>\n<p>Preto \u2014 tu je \u010fal\u0161\u00ed graf, ale u\u017e so zhrnut\u00fdmi, z r\u00f4znych zdrojov, \u010d\u00edslami:<\/p>\n<p><img decoding=\"async\" alt=\"DeFi \u2014 preh\u013ead trhu: podvody, \u010d\u00edsla, fakty, perspekt\u00edvy\" src=\"\/wp-content\/uploads\/2020\/10\/a893658b3f1518dd6813acceefc47e61.jpeg\" style=\"display:block;margin: 0 auto;\" \/><\/p>\n<p>Ale najviac (op\u00e4\u0165 \u2014 m\u0148a osobne) zarmucuje, \u017ee 99,9 % projektov \u2014 s\u00fa len opakovania r\u00f4znych sch\u00e9m z fiatn\u00e9ho sveta: p\u00f4\u017ei\u010dky a \u00favery (hoci form\u00e1lne v tomto odvetv\u00ed \u2014 je to to ist\u00e9) tvoria <noindex><a rel=\"nofollow\" href=\"https:\/\/bloomchain.ru\/newsfeed\/issledovanie-messari-rynok-defi-ne-takoi-kakim-kajetsja\">a\u017e 72 %<\/a><\/noindex>. Obzvl\u00e1\u0161\u0165 znepokojuj\u00face je, \u017ee na trh deriv\u00e1tov vstupuj\u00fa \u013eudia, ktor\u00ed dok\u00e1\u017eu nap\u00edsa\u0165 toto slovo spr\u00e1vne len v polovici pr\u00edpadov. Napriek tomu sa pok\u00fasim zhrn\u00fa\u0165, pri\u010dom op\u00e4\u0165 odstr\u00e1nim subjekt\u00edvny aspekt.<\/p>\n<h3>Predpoklady o trhu, alebo my\u0161lienky nahlas<\/h3>\n<p>\u201eNem\u00f4\u017eete obsiahnu\u0165 neobsiahnute\u013en\u00e9,\u201c \u2014 opakoval Kozma Prutkov, preto tu je nieko\u013eko t\u00e9z, ktor\u00e9 sa m\u00f4\u017eu pok\u00fasi\u0165 uplatni\u0165 na praktick\u00fd aspekt, t\u00fdm sk\u00f4r, \u017ee trendy, ktor\u00e9 sa objavili, boli jasn\u00e9 v rokoch 2017-2019 a teraz sa len objavuj\u00fa pre t\u00fdch, ktor\u00ed sa trhom podrobne nezaoberaj\u00fa: <\/p>\n<p>Deriv\u00e1ty \u2014 s\u00fa zl\u00e9, ale v\u017edy \u2014 <noindex><a rel=\"nofollow\" href=\"https:\/\/twitter.com\/ArcaneResearch\/status\/1285616105244024833\">pohonom<\/a><\/noindex> vidite\u013en\u00e9ho rastu: som proti opakovaniu zl\u00fdch pr\u00edbehov pod in\u00fdm oblekom. Synthetix (alebo Opyn, Aco, DYMMAX, Hegic, Opium, Pods) m\u00f4\u017ee by\u0165 \u00faplne remakom Bull &amp; Bear Binance, a futures u\u017e dok\u00e1zali, ak\u00fd maj\u00fa \u0161kodliv\u00fd vplyv na trh, kde je nov\u00e1\u010dikov v\u017edy dos\u0165. Odtia\u013eto \u2014 je tak\u00e1 t\u00fa\u017eba po <noindex><a rel=\"nofollow\" href=\"https:\/\/twitter.com\/flipsidecrypto\/status\/1284117919887171584\">\u0161pekul\u00e1ci\u00e1ch<\/a><\/noindex>: a preto stablecoiny \u2014 s\u00fa il\u00fazia, nie realita, pri\u010dom ich vplyv <noindex><a rel=\"nofollow\" href=\"https:\/\/forklog.com\/osnova-defi-i-toplivo-dlya-shem-pontsi-kak-stejblkoiny-vliyayut-na-rynok-kriptovalyut\/\">je ve\u013ek\u00fd<\/a><\/noindex>, ale v psychologickom zmysle, sk\u00f4r ne\u017e v \u010disto finan\u010dnom (ekonomickom) zmysle. To v\u0161etko v s\u00fahrne (viazanos\u0165 na likvidite, nie projekcia produktu (tokenu); l\u00e1ska k vidite\u013en\u00e9mu pokoju (stablecoiny); \u00fatoky z nedostato\u010dn\u00e9ho premyslenia modelov (up\u00edrsky mining a podobne)) vytv\u00e1ra <strong>efekt opa\u010dnej pyramidy<\/strong>: povedzme, kapitaliz\u00e1cia tokenov <noindex><a rel=\"nofollow\" href=\"https:\/\/twitter.com\/CamiRusso\/status\/1282678985458163712\">ERC-20<\/a><\/noindex> m\u00f4\u017ee pokojne presahova\u0165 rovnak\u00fd ukazovate\u013e zakladate\u013ea, ale bez neho nemaj\u00fa absol\u00fatne \u017eiadny v\u00fdznam; a to je aktu\u00e1lne e\u0161te aj preto, \u017ee v\u0161etko sa n\u00e1sob\u00ed obchodom s <noindex><a rel=\"nofollow\" href=\"https:\/\/cryptonews.net\/ru\/news\/market\/371545\/\">50x p\u00e1kou<\/a><\/noindex> a mo\u017eno aj viac. <\/p>\n<p>V tomto zmysle je exploz\u00edvna zmes \u201eCeFi + DeFi\u201c (<noindex><a rel=\"nofollow\" href=\"https:\/\/medium.com\/stably-blog\/decentralized-finance-vs-traditional-finance-what-you-need-to-know-3b57aed7a0c2\">porovnanie<\/a><\/noindex>), a to e\u0161te aj v \u00e9re <noindex><a rel=\"nofollow\" href=\"https:\/\/en.wikipedia.org\/wiki\/Central_bank_digital_currency\">CBDC<\/a><\/noindex>. (pr\u00edklad BSC, op\u00e4\u0165, &#8212; je pou\u010dn\u00fd), ktor\u00fd by sa mal vyn\u00e1sobi\u0165 r\u00f4znorod\u00fdmi \u00fatokmi na (D\/D)PoS rodinu, \u010do vytv\u00e1ra cel\u00fa re\u0165az negat\u00edvnych z\u00e1vislost\u00ed. To ist\u00e9 up\u00edrstvo <noindex><a rel=\"nofollow\" href=\"https:\/\/twitter.com\/AlexSaundersAU\/status\/1303912107520344064\">presakovanie<\/a><\/noindex> likvidity samo o sebe &#8212; chyba, ale ke\u010f k tomu pridaj\u00fa probl\u00e9my s riadiacim syst\u00e9mom (op\u00e4\u0165 pripom\u00ednam <noindex><a rel=\"nofollow\" href=\"https:\/\/medium.com\/bulldax-finance\/sushiswap-delegation-double-spending-bug-5adcc7b3830f\">Sushi<\/a><\/noindex>: ak ste e\u0161te nepochopili, pre\u010do, potom <noindex><a rel=\"nofollow\" href=\"https:\/\/cryptonews.net\/ru\/news\/altcoins\/372062\/\">\u0161tudujte<\/a><\/noindex>), a potom sa v\u0161etko n\u00e1sob\u00ed cez kurzov\u00e9 v\u00e4zby (m\u00f4\u017eete sk\u00fama\u0165 na Ampleforth, Soft Yearn (SYFI), Bull\/Bear Binance), u\u017e nevznik\u00e1 iba chaos, ale z\u00e1mern\u00e9 manipul\u00e1cie, z ktor\u00fdch najhlavnej\u0161ia spo\u010d\u00edva v tom, \u017ee STO sa nikdy nestane ICO, zatia\u013e \u010do <noindex><a rel=\"nofollow\" href=\"https:\/\/twitter.com\/lawmaster\/status\/1302464430505168897\">l\u00edderi pseudokryptoprojektov robia v\u0161etko<\/a><\/noindex>, aby sa v\u017edy zdali by\u0165 mimo, pri\u010dom zarobia na tom pomerne dobre (\u010fal\u0161\u00ed pr\u00edklad: konflikt Steem (Hive), Steemit &amp; Tron komunity, alebo BTC-e v celej svojej kr\u00e1se d\u00e1vno pred op\u00edsan\u00fdmi udalos\u0165ami). <\/p>\n<p>Nech sa deje \u010doko\u013evek, ale DeFi v tom zmysle, ktor\u00fd mi je bl\u00edzky, t.j. ako plnohodnotn\u00e1 sada decentralizovan\u00fdch finan\u010dn\u00fdch n\u00e1strojov, od najjednoduch\u0161ieho btc po zlo\u017eit\u00fd syst\u00e9m z\u00e1ruky reput\u00e1cie, by sa mali rozv\u00edja\u0165. A preto je d\u00f4le\u017eit\u00e9, aby <noindex><a rel=\"nofollow\" href=\"https:\/\/twitter.com\/damirbandalo\/status\/1295089928901140481\">tot\u00e1lny verejn\u00fd doh\u013ead<\/a><\/noindex> sa stal normou. Iba v tomto pr\u00edpade spojenie DEX + DAO cez Dapps&#8217;y r\u00f4zneho poradia (od Web 3.0 prehliada\u010dov a pe\u0148a\u017eeniek po uzavret\u00e9 ekosyst\u00e9my) vytvor\u00ed naozaj zauj\u00edmav\u00e9, inovat\u00edvne, a predov\u0161etk\u00fdm &#8212; perspekt\u00edvne modely. Zatia\u013e pozorujem iba hru na a s chamtivos\u0165ou, a rovnako aj odklon od hlavn\u00e9ho krit\u00e9ria slobody &#8212; <noindex><a rel=\"nofollow\" href=\"https:\/\/vote.makerdao.com\/polling-proposal\/qmnxitxuc5u4inynq8ekh5vvbgomjzl6fudwzhawbshhgh\">od osobnej zodpovednosti<\/a><\/noindex>. <\/p>\n<p>Zn\u00e1me sk\u00fasenosti ICO a ve\u013emi dobre, upozorn\u00edm e\u0161te na toto: &#171;pribli\u017ene 49% z popredn\u00fdch startupov v oblasti decentralizovan\u00e9ho financovania (DeFi) s\u00eddli v USA. Tieto \u00fadaje zverejnili analytici&nbsp;<noindex><a rel=\"nofollow\" href=\"https:\/\/www.theblockcrypto.com\/genesis\/62607\/nearly-50-of-open-finance-firms-are-headquartered-in-the-united-states\">The Block<\/a><\/noindex>. Z monitorovan\u00fdch expertmi 73 firiem v priemysle 12% s\u00eddli vo Ve\u013ekej Brit\u00e1nii, \u010fal\u0161\u00edch 10% &#8212; v Singapure&#187;. Teda decentralizovan\u00e9 financie s\u00fa zatia\u013e decentralizovan\u00e9 iba slovne: v skuto\u010dnosti &#8212; st\u00e1le be\u017en\u00e9 firmy, hoci DAO &#8212; skvel\u00fd n\u00e1stroj automatiz\u00e1cie a na rozde\u013eovanie dividend ur\u010dite vyhovuje lep\u0161ie ne\u017e A.O. alebo nejak\u00e1 LLC. Ale <noindex><a rel=\"nofollow\" href=\"https:\/\/cryptonews.net\/ru\/news\/finance\/395112\/\">USA will remind about itself<\/a><\/noindex>, a potom &#8212; aj regul\u00e1tori v in\u00fdch jurisdikci\u00e1ch: pre\u010do &#171;\u00fa\u010dastn\u00edci trhu&#187; na to zabudli, neviem. <\/p>\n<p><em>But why does this happen? <\/em><\/p>\n<p>V\u0161etko je jednoduch\u00e9: &#171;projekty DeFi ekosyst\u00e9mu funguj\u00fa <noindex><a rel=\"nofollow\" href=\"https:\/\/forklog.com\/dex-dao-i-tokenizirovannye-bitkoiny-kak-ne-zabluditsya-v-debryah-defi\/\">in 12 main directions<\/a><\/noindex>: prediction markets; decentralized autonomous organizations (DAOs); <noindex><a rel=\"nofollow\" href=\"https:\/\/ru.wikipedia.org\/wiki\/%D0%A0%D0%B0%D0%B2%D0%BD%D0%BE%D0%BF%D1%80%D0%B0%D0%B2%D0%BD%D0%BE%D0%B5_%D0%BA%D1%80%D0%B5%D0%B4%D0%B8%D1%82%D0%BE%D0%B2%D0%B0%D0%BD%D0%B8%D0%B5\">lending<\/a><\/noindex>; spr\u00e1va akt\u00edv; deriv\u00e1ty; poistenie; burzy a poskytovatelia likvidity; stablecoiny; bankovn\u00edctvo a platby; infra\u0161trukt\u00fara; marketplace; tokeniz\u00e1cia bitcoinov&#187;. Ani slovo o tokeniz\u00e1cii ako takej, ani ni\u010d, \u010do by ste mohli n\u00e1js\u0165 vo svete klasick\u00fdch financi\u00ed. Ni\u010d. A to TOP-kateg\u00f3rie: <\/p>\n<p><img decoding=\"async\" alt=\"DeFi \u2014 preh\u013ead trhu: podvody, \u010d\u00edsla, fakty, perspekt\u00edvy\" src=\"\/wp-content\/uploads\/2020\/10\/27416c68024cc640b285f32ecfea48b7.jpeg\" style=\"display:block;margin: 0 auto;\" \/><\/p>\n<p>Odtia\u013e aj absurdnos\u0165: nech pou\u017e\u00edvame upraven\u00fd ukazovate\u013e objemu zablokovan\u00fdch prostriedkov (Adjusted TVL) alebo nezamenite\u013en\u00e9 tokeny (NFT) sa javia ako atrakt\u00edvne (pozri sk\u00fasenosti WAX alebo Dapper Labs cez Dr. Seuss), ale toto v\u0161etko presne nemen\u00ed hlavn\u00e9 &#8212; paradigmu myslenia. \u0160pekul\u00e1cie ni\u010d neprin\u00e1\u0161aj\u00fa trhu, opakujem po \u0161tvrt\u00fdkr\u00e1t za \u0161tyri roky. <\/p>\n<h3>Na z\u00e1ver<\/h3>\n<p>Moje pocit z DeFi v s\u00fa\u010dasnej podobe je nasleduj\u00faci: pri\u0161iel som na koncert po\u010d\u00fava\u0165 svoju ob\u013e\u00faben\u00fa hudbu, ale zahrali v\u00e1m \u00faplne nie\u010do in\u00e9: namiesto Rachmaninovskej techniky a s\u00fahry orchestra \u2014 neohraban\u00fd jazz miestnych hudobn\u00edkov, ktor\u00fd z nejak\u00e9ho d\u00f4vodu pova\u017euj\u00fa za inovat\u00edvny, hoci nie\u010do podobn\u00e9 sa p\u00edsalo u\u017e v 40. rokoch v dymovom priestore s hrozn\u00fdmi odpadkami, ktor\u00e9 tu z nejak\u00e9ho d\u00f4vodu naz\u00fdvaj\u00fa jedlom, a e\u0161te sa za v\u0161etko mus\u00ed plati\u0165 tri ceny! Mo\u017eno treba len in\u00fd s\u00e1l, hudobn\u00edkov, a niekedy je to o naladen\u00ed? Mo\u017eno preto som sa sna\u017eil by\u0165 objekt\u00edvny a vyjadri\u0165 nielen to, \u010do je o\u010dividne zl\u00e9, ale aj to, \u010do sa d\u00e1 aspo\u0148 za\u010da\u0165 sk\u00fama\u0165. <\/p>\n<p>In any case, what was said <noindex><a rel=\"nofollow\" href=\"https:\/\/habr.com\/ru\/post\/403761\/\">4 roky dozadu \u2014 st\u00e1le aktu\u00e1lne<\/a><\/noindex>: ak pre v\u00e1s, rovnako ako pre m\u0148a, p2p znamen\u00e1 spravodlivos\u0165 (v distrib\u00facii), rovnos\u0165 (v\u00fdchodiskov\u00fdch podmienok) a spolupr\u00e1cu (cez evol\u00faciu), potom existuj\u00faci model DeFi jasne odporuje tomu, \u010do je uveden\u00e9 v gen\u00e9ze bloku Bitcoinu, a tomu, o \u010dom p\u00edsal Assange a t\u00ed, ktor\u00ed urobili pre rozvoj kryptomien a blockchainu dos\u0165, aby boli po\u010dut\u00ed. Ka\u017ed\u00fd m\u00e1 pr\u00e1vo myslie\u0165 si, \u017ee DeFi \u2014 <noindex><a rel=\"nofollow\" href=\"https:\/\/media.consensys.net\/defi-is-doing-to-money-what-email-did-to-the-postal-service-f0f85c871fa0\">the new email<\/a><\/noindex>, and thus already breaks stereotypes, the system, etc.: after all, in the end, why should I be dissatisfied? The DEX segment, as I wanted, <noindex><a rel=\"nofollow\" href=\"https:\/\/cryptonews.net\/ru\/news\/market\/371216\/\">is developing and overtaking<\/a><\/noindex> centralizovan\u00fdch kolegov; po\u010det pou\u017e\u00edvate\u013eov kryptomien a samotn\u00fdch DeFi zdrojov rastie (pravda, zatia\u013e ide o desiatky tis\u00edc v poslednom pr\u00edpade, ale to u\u017e je svojou ve\u013ekos\u0165ou \u2014 mal\u00e9 mesto); <noindex><a rel=\"nofollow\" href=\"https:\/\/medium.com\/dragonfly-research\/ethereum-is-now-unforkable-thanks-to-defi-9818b967738f\">Ethereum<\/a><\/noindex> ur\u00fdch\u013euje sa k verzii 2.0 a tak \u010falej, a tak \u010falej. Ale v\u0161etko je ako v anekdote o ly\u017eiciach, kde sa na\u0161li, ale pocit zostal: m\u00f4\u017eeme t\u00fato t\u00e9mu v\u00f4bec neprebera\u0165? \u00c1no, ale vtedy sa sie\u0165 zapln\u00ed sam\u00fdmi \u00f3dami a \u010fal\u0161\u00edm nekone\u010dn\u00fdm tokom s\u0165a\u017enost\u00ed potom: varovan\u00fd \u2014 vyzbrojen\u00fd, aj ke\u010f intellektu\u00e1lne. Presne toto \u2014 <strong>cie\u013e: od\u00eds\u0165 od rozruchu k \u010d\u00edslam, faktom a na nich zalo\u017een\u00fdm predpokladom<\/strong>, a nie st\u00e1le rozpr\u00e1va\u0165 o bitcoine za 100 000 dol\u00e1rov alebo zbyto\u010dnosti tohto v\u0161etk\u00e9ho (pozn\u00e1mka pre t\u00fdch, ktor\u00ed \u010d\u00edtaj\u00fa od konca).  <\/p>\n<h3>Kam \u010falej? <\/h3>\n<ol>\n<li>\n<p>Ten ist\u00fd <noindex><a rel=\"nofollow\" href=\"https:\/\/medium.com\/bollinger-investment-group\/liquidity-mining-a-user-centric-token-distribution-strategy-1d05c5174641\">pr\u00e1ca<\/a><\/noindex>, ktor\u00fd stoj\u00ed za pre\u010d\u00edtanie, ak chcete pochopi\u0165 trochu viac: mysl\u00edm, \u017ee angli\u010dtina u\u017e nie je probl\u00e9m, aspo\u0148 deepl si s t\u00fdm ur\u010dite porad\u00ed. <\/p>\n<\/li>\n<li>\n<p>Ako v\u017edy, Twitter je pre kryptopriemysel \u2014 pokladnica znalost\u00ed: tu <noindex><a rel=\"nofollow\" href=\"https:\/\/twitter.com\/AndreCronjeTech\/status\/1310763509521805312?\">pr\u00edklad<\/a><\/noindex>, ale vy\u0161\u0161ie tak\u00fdch je v\u00fdrazne viac a jednoduch\u00e9 vyh\u013ead\u00e1vanie pod\u013ea hashtags prinesie viac ako zlo\u017eit\u00e1 anal\u00fdza rusk\u00fdch vyh\u013ead\u00e1va\u010dov. <\/p>\n<\/li>\n<li>\n<p>Ale lep\u0161ie <noindex><a rel=\"nofollow\" href=\"https:\/\/satoshi.nakamotoinstitute.org\/emails\/?view=threads\">za\u010da\u0165 s p\u00edsmenami Satoshiho<\/a><\/noindex>: pre\u010do si ich mnoh\u00ed nejako prehliadli, a tam je d\u00f4le\u017eit\u00fdch a zauj\u00edmav\u00fdch vec\u00ed \u2014 plno. <\/p>\n<\/li>\n<\/ol>\n<p>A zatia\u013e \u2014 zbohom!<\/p>\n<h3>P.S.<\/h3>\n<p><em>Nepovedal som ani o riziku or\u00e1kulov, ani o sofistikovan\u00fdch \u00fatokoch a mnoh\u00fdch \u010fal\u0161\u00edch veciach, vr\u00e1tane netrivi\u00e1lnych pr\u00edstupov k anal\u00fdze otvoren\u00fdch \u00fadajov. Preto, ak prejav\u00ed z\u00e1ujem komunita Habr, r\u00e1d budem pokra\u010dova\u0165: najm\u00e4 preto, \u017ee kr\u00edza 2018-2022 sa e\u0161te neskon\u010dila, a to znamen\u00e1, \u017ee podvodn\u00edci bud\u00fa na\u010falej vym\u00fd\u0161\u013ea\u0165 sp\u00f4soby, ako z\u00edska\u0165 prostriedky, v\u00fdvoj\u00e1ri bud\u00fa h\u013eada\u0165 projekty, podnikatelia ich bud\u00fa vym\u00fd\u0161\u013ea\u0165: aj ke\u010f zatia\u013e posledn\u00ed nemaj\u00fa ni\u010d spolo\u010dn\u00e9 s druh\u00fdmi, st\u00e1le vl\u00e1dnu prv\u00e9... <\/em><\/p>\n<p>V\u0161etk\u00fdm, ktor\u00ed si myslia, \u017ee \u010dl\u00e1nok by mal by\u0165 venovan\u00fd odpovedi na ot\u00e1zku, \u010do je DeFi \u2013 pozri prv\u00fd odsek po cit\u00e1ci\u00e1ch. <\/p>\n<p>UPD. Keby som vedel, \u010do sa stane... vy\u0161lo to u\u017e po publikovan\u00ed m\u00f4jho \u010dl\u00e1nku, ale <noindex><a rel=\"nofollow\" href=\"https:\/\/www.coindesk.com\/r3-corda-network-xdc-token-cordite-society\">extr\u00e9mne d\u00f4le\u017eit\u00e1 spr\u00e1va<\/a><\/noindex>: svojr\u00e1zna odpove\u010f od b\u00e1nk smerom k DeFi.<\/p>\n<p>Zdroj: <a content=\"nofollow\" rel=\"nofollow\" href=\"https:\/\/habr.com\/ru\/post\/522504\/\">habr.com<\/a> <\/p>","protected":false,"gt_translate_keys":[{"key":"rendered","format":"html"}]},"excerpt":{"rendered":"<p>DeFi \u0432\u0441\u0451 \u0435\u0449\u0451 \u0432 \u043f\u043e\u0440\u044f\u0434\u043a\u0435, \u043d\u043e \u043d\u0435 \u043d\u0430\u0434\u043e \u0432\u0435\u0441\u0442\u0438 \u0441\u0435\u0431\u044f \u0442\u0430\u043a, \u0431\u0443\u0434\u0442\u043e \u044d\u0442\u043e \u043c\u0435\u0441\u0442\u043e, \u043a\u0443\u0434\u0430 \u043c\u043d\u043e\u0436\u0435\u0441\u0442\u0432\u043e \u043e\u0431\u044b\u0447\u043d\u044b\u0445 \u043b\u044e\u0434\u0435\u0439 \u0434\u043e\u043b\u0436\u043d\u044b \u043d\u0435\u0441\u0442\u0438 \u0432\u0441\u0435 \u0441\u0432\u043e\u0438 \u0441\u0431\u0435\u0440\u0435\u0436\u0435\u043d\u0438\u044f. \u0412. \u0411\u0443\u0442\u0435\u0440\u0438\u043d, \u0441\u043e\u0437\u0434\u0430\u0442\u0435\u043b\u044c Ethereum. \u0426\u0435\u043b\u044c DeFi, \u043a\u0430\u043a \u044f \u043f\u043e\u043d\u0438\u043c\u0430\u044e, \u0441\u043e\u0441\u0442\u043e\u0438\u0442 \u0432 \u0442\u043e\u043c, \u0447\u0442\u043e\u0431\u044b \u0443\u0441\u0442\u0440\u0430\u043d\u0438\u0442\u044c \u043f\u043e\u0441\u0440\u0435\u0434\u043d\u0438\u043a\u043e\u0432 \u0438 \u043f\u043e\u0437\u0432\u043e\u043b\u0438\u0442\u044c \u043b\u044e\u0434\u044f\u043c \u043d\u0430\u043f\u0440\u044f\u043c\u0443\u044e \u0432\u0437\u0430\u0438\u043c\u043e\u0434\u0435\u0439\u0441\u0442\u0432\u043e\u0432\u0430\u0442\u044c \u0434\u0440\u0443\u0433 \u0441 \u0434\u0440\u0443\u0433\u043e\u043c. \u0418, \u043a\u0430\u043a \u043f\u0440\u0430\u0432\u0438\u043b\u043e, \u043d\u0430\u0434\u0437\u043e\u0440 \u043d\u0430\u0434 \u0444\u0438\u043d\u0430\u043d\u0441\u043e\u0432\u043e\u0439 \u0441\u0438\u0441\u0442\u0435\u043c\u043e\u0439 \u0432\u044b\u0441\u0442\u0440\u043e\u0435\u043d \u0442\u0430\u043a\u0438\u043c [&hellip;]<\/p>\n","protected":false,"gt_translate_keys":[{"key":"rendered","format":"html"}]},"author":1,"featured_media":97732,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[688],"tags":[],"class_list":["post-97731","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-administrirovanie"],"aioseo_notices":[],"aioseo_head":"\n\t\t<!-- All in One SEO 5.0.4 - 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V. 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