Smart contracts automate transactions and agreements, eliminating the need for intermediaries. They empower DeFi services to operate independently, fostering a transparent and efficient financial ecosystem.| 1inch Network Blog | Web 3, DeFi & Crypto news
Ethereum is a blockchain platform with a functionality for smart contracts, mostly used for decentralized finance (DeFi) applications and powered by Ether (ETH), its native cryptocurrency.| 1inch Network Blog | Web 3, DeFi & Crypto news
Bitcoin, as the first decentralized cryptocurrency, introduced the world to blockchain technology, paving the way for the overall expansion of the crypto space.| 1inch Network Blog | Web 3, DeFi & Crypto news