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rewtraw
on Dec 24, 2017
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Why Bitcoin will fail
MakerDAO just launched its stablecoin, DAI. It maintains stability by a complex system of smart contracts and CDPs. The problem is much more difficult than simply increasing/decreasing supply.
https://makerdao.com/
matthewbauer
on Dec 24, 2017
[–]
Looks interesting! The trusted oracle part seems concerning as a single point of failure but I suppose it’s necessary.
orionsbelt
on Dec 24, 2017
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[–]
There's also BaseCoin, another attempt at a "stable coin" with prominent investors:
https://www.coindesk.com/basecoin-revealed-a16z-metastable-s...
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