The FIRST Decentralized Stablecoin DAI. How Does It Work


Manage episode 275212783 series 2562963
Сделано Naomi Brockwell и найдено благодаря Player FM и нашему сообществу. Авторские права принадлежат издателю, а не Player FM, и аудиоматериалы транслируются прямо с его сервера. Нажмите на кнопку Подписаться, чтобы следить за обновлениями через Player FM или скопируйте и вставьте ссылку на канал в другое приложение для подкастов.
The FIRST decentralized stablecoin: DAI. How does it work? DAI is the first decentralized, collateral-backed cryptocurrency. It strives to maintain a stable 1:1 value with the U.S. dollar by locking other crypto assets in contracts, and it is run by a decentralized application on the Ethereum blockchain rather than a centralized company. The open-source software behind DAI is called the Maker Protocol, and the governance token of the system is called MKR. Paul Puey (Edge CEO) and I explain how exactly it works. We also put our money where our mouths are: we each decide whether to invest $100. This is not investment advice, we're just giving you a peek into our own portfolios and how we make decisions for ourselves. Keep in mind, I'm more interested in the team, the tech, and whether it's a cool project than in short term gains. If you’d like to see my extended interview with Nik Kunkel, MRK/DAI dev, head to the members' content at To have your question answered on the show, send a message to If you would like to send me a message and support my channel, visit or visit to become a member of NBTV! Huge thank you to all the supporters who keep this channel running!

375 эпизодов