DeFiChain DFI

DeFiChain is a dedicated blockchain specifically designed for decentralized finance (DeFi). It aims to provide high transaction throughput, reduced risk of errors, and intelligent feature development for the fulfillment of Satoshi's original intent of creating a reliable alternative form of financial services built on top of Bitcoin. It acts as a sidechain to Bitcoin, with regular immutably checkpointed updates on the Bitcoin chain. Unlike most DeFi projects that run on Ethereum or similar blockchains, DeFiChain is forked from Bitcoin and developed separately to cater specifically to the DeFi use case.

DeFiChain is unique compared to other cryptocurrencies because it is built on top of the Bitcoin blockchain, allowing it to harness the entire crypto market, including "smaller" chains like Ethereum. This means that DeFiChain is not limited to a specific blockchain and can tap into a larger pool of users, which currently includes over 60-80 million cryptocurrency owners. Additionally, DeFiChain uses token standards similar to ERC20 on Ethereum and Omni on Bitcoin, enabling the tokenization of any assets and facilitating trustless financial contracts and trading of major crypto assets. Furthermore, DeFiChain is designed specifically for the decentralized finance (DeFi) industry, sacrificing other types of functionality for simplicity, rapid throughput, and staying within the Bitcoin ecosystem.