Bitcoin Finance
From CryptoWiki
Basics
- A term used by LN Markets since using Decentralized Finance would mean including other projects besides Bitcoin, which Bitcoin Maxis refuse to do. From LN Markets (7-2021):
"While Bitcoin is true decentralized finance, new services are emerging to provide Bitcoin-based trust-minimized financial uses cases. Let’s use the term “Bitcoin Finance” to refer to these solutions. They can be built on Bitcoin’s Layer 1, Layer 2 or on sidechains, with varying trust assumptions."