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12 Karma

Review on Maker by Nuoc Mat

Revainrating 4 out of 5

Maker is a smart contract platform on Ethereum that backs and stabilizes the…

Maker is a smart contract platform on Ethereum that backs and stabilizes the value of Dai through a dynamic system of Collateralized Debt Positions (CDPs). Maker enables anyone to leverage their Ethereum assets to generate Dai on the Maker Platform.One of the best project.




Pros
  • Maker is a frictionless, decentralized currency and it will createthe best opportunity for those who like to take challenges and be successful in their lives.it opens avenues for everyone who is interested to take part in financial services to check their luck and fill their wallets,MKR's Name-Value Storage is a simple yet powerful concept that allows you to store arbitrary data within the blockchain. This has already allowed a range of distributed services, from a decentralized network.
Cons
  • Maker it does not support Fiat, which reduces the reception of the community. I think so.