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Since tether (USDT) bolstered the idea of a working stablecoin over the last few years, there’s been a variety of different types of stable cryptocurrencies that are usually pegged to the U.S. dollar. However, there’s one particular stablecoin that’s been a hot topic of discussion lately called dai, a coin that’s backed by ethereum locked […]
The post An In-Depth Look at Ethereum’s Maker and Dai Stablecoin appeared first on Bitcoin News.
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Lauded as the future of blockchain, business, and banking (among many other things), smart contracts are undeniably a game changer. They allow efficient supply chain management, financial transactions, and automated payments to take place without intermediaries. But smart contracts, contrary to popular opinion, are not infallible. In fact, according to Amy Wan, the CEO and co-founder of Sagewise, smart contracts are not as smart as you think they are. While it’s true that such agreements provide a certain amount of security by virtue of existing on a blockchain network, Wan believes that “the term ‘smart contract’ may be a misnomer.” AsPowered by WPeMatico