cryptojournalist
DeFi with Bitcoin’s Security
At Bitcoin MENA 2024, Adam Bendjemil of Core DAO shared his vision for decentralized finance (DeFi) and blockchain security. Core DAO is a blockchain platform that combines Bitcoin’s security with Ethereum-compatible technology to enhance the DeFi ecosystem.
Increasing Trust in DeFi Systems
Bendjemil highlighted how Core DAO aims to make DeFi systems more trustworthy by integrating Bitcoin’s strong security features. This, he believes, will help encourage wider blockchain adoption.
What Makes Core DAO Different
Core DAO sets itself apart from other DeFi platforms by incorporating Bitcoin. The platform also uses Ethereum-compatible technologies to make it easier for developers to build on it. Bendjemil defended forking, a process of creating new blockchains by copying successful ones, explaining that it’s a safe and reliable method.
Security Comes First
Security is Core DAO’s top priority. They use tools like Solidity and conduct regular audits to ensure the platform’s safety. Bendjemil emphasized that having a secure system is key to building trust and fostering long-term success in the DeFi space.
