1 Level
16 Review
36 Karma
Review on Maker by Hadu KenTiger
MKR's Name-Value Storage is a simple yet powerful concept that allows you to…
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. Maker’s MKR coin is a recent entrant to the market and is not a well known project. However, after today it will be known by many more people after blowing up 40% and it is one of the coins to rise to prominence during the recent peaks and troughs.
Pros
- Maker is completely transparent about development of its blockchain project. MakerDAO creates DAI using CDP smart contracts to collateralize the assets. Maker (MKR) is very interesting platform that provides alot of benefit/valuable project, such as their basis of a simple banking system built on blockchain technology that allows international peer to peer transactions.
Cons
- I think Maker coin’s future is likely a bright one the concept of a stablecoin is fairly straight forward — it’s a token (like bitcoin and ether) that exists on a blockchain. I feel that the Maker is really good with the platform as a trading platform.
