Review on Maker by Albert Smith
Maker DAI stable coin currency project
Cryptocurrencies have a number of distinct benefits over regular fiat currency. Starting with decentralization on your platform, which prohibits the money from being controlled by a centralized body. As a result, false inflation caused by financial manipulations is avoided.
A substantial number of cryptocurrencies' Blockchains also serve as the foundation for the formation of smart contracts or smart contracts.
As a result, they would be used for more than only the exchange of commodities and services. However, as key instruments of the new economy, they are still being built.
Despite these significant benefits, cryptocurrencies have a significant flaw.
Pros
- Maker Dai is a cryptocurrency based on the Ethereum network. As a result, it may be stored in any digital wallet that accepts ERC-20 tokens, such as Ledger, Trezor, and MetaMask.
Cons
- We have a long list of unresolved challenges in the crypto realm. The scalability of current Blockchains, their lack of interoperability, and, certainly, the volatility of cryptocurrency values are among them.
