DiscoverAll About Smart Contract AuditAll You Need to Know about DeFi and Flash Loans (Explained)
All You Need to Know about DeFi and Flash Loans (Explained)

All You Need to Know about DeFi and Flash Loans (Explained)

Update: 2020-07-06
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The world of cryptocurrency and Blockchain is a fast-paced world where thousands of transactions can happen in minutes or even seconds. However, sometimes this speed can become a liability. 


A flash loan, as the name suggests are loans that have to be paid back in a flash (read: within one blockchain transaction) without any collateral. However, with the recent bZx attacks, they have become a bone of contention in the DeFi space. 


Catch Nitika and Ish Goel break down Flash loans in the DeFi space and the complex attack scenarios in the most simple manner.

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All You Need to Know about DeFi and Flash Loans (Explained)

All You Need to Know about DeFi and Flash Loans (Explained)

Somish Blockchain Labs

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