Bitcoin mining ensures that transactions are valid and added to the Bitcoin blockchain correctly using a global network of computers running the Bitcoin code. The process of mining is also how new Bitcoins are created.

Bitcoin is the first decentralized digital currency that allows peer-to-peer transfers without any intermediaries such as banks, governments, agents, or brokers, using the underlying technology of blockchain.

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DeFi is an umbrella term for financial services on public blockchains, primarily Ethereum. With DeFi, you can do most of the things that banks support - earn interest, borrow, lend, buy insurance, trade derivatives, trade assets, and more - but it’s faster and doesn’t require paperwork or a third party.