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All About Smart Contract Audit
Somish Blockchain Labs
4 episodes
5 days ago
Listen to Ish and Nitika talk about smart contract audit and blockchain technology.
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Technology
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Listen to Ish and Nitika talk about smart contract audit and blockchain technology.
Show more...
Technology
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All You Need to Know about DeFi and Flash Loans (Explained)
All About Smart Contract Audit
12 minutes 22 seconds
5 years ago
All You Need to Know about DeFi and Flash Loans (Explained)

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.

All About Smart Contract Audit
Listen to Ish and Nitika talk about smart contract audit and blockchain technology.