Welcome to our 2nd ENTA Asks episode with Shylo Cliffe from Elk Finance talking about all things crypto. In the previous episode Shylo answered Adam and Katelyn’s question on what is blockchain. In this episode he gets into the pros and cons of DeFi versus CeFi and why both are necessary in the crypto environment.
Watch Adam and Katelyn learn about crypto exchanges and on ramps, as well as fees. Plus, that blockchain train is circling back again.
We’re also taking this opportunity to introduce Shylo’s upcoming show Bridging the Gap, which will be featured on yyccalgarybusiness.ca. The show is sponsored by Elk Finance, which provides crypto bridging services.
If you don’t know what that is, keep watching and we will explain it all, eventually. There is a lot to learn before we get there.
Click the stamps below to enjoy our discussion and insights on:
00:00 Intro
00:26 Welcome
01:00 DeFi CeFi aka Who Has Your Wallet
01:15 Centralized Finance aka CeFi
02:25 Centralized Crypto Exchanges
07:44 OnRamps
08:51 Decentralized Finance
12:32 Gas Fees
16:43 Contact Information
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About Shilo:
Shylo is the Chief Administrative Officer at Elk Finance where he’s been leading the community conversation on blockchain and cryptocurrency. You can catch him in interviews and AMAs as well as at speaking events, sharing his knowledge of all things crypto.
Connect with Shyloh on Telegram at t.me/LtSnakePlissken
About Elk Finance:
Elk Finance has developed a peer-to-peer network for cross-chain value transfers and blockchain interoperability in decentralized finance (DeFi).
https://www.linkedin.com/company/elkfinance/
https://www.elk.finance
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Filmed and Edited: Artin Rahim