Review on Maker by Wagner Looov

Name: Maker
Item: Maker
Rating: 4

September 16, 2018

The entire Maker ecosystem is based on the same "smart contract" as CDP, the…

The entire Maker ecosystem is based on the same "smart contract" as CDP, the smart contract mentioned above. Blockchains let you work alone where a broker is needed. Like the Internet, the Internet allows you to exchange information without intermediaries.
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 With Blockchains you can share values without intermediaries, Bitcoin was the first network to use this concept. The most important requirement is that you can send bitcoin from point A to point B. without any collateral . Ethereum takes this concept a step further and allows users to add instructions to these transfers. 
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Pros

The main product of the manufacturer is Dai. Dai is a kind of tether like coin backed by a smart contract as oppose to a foundation/organization of tether . The concept of stablecoin is pretty simple. Unlike bit coins and ethers, however, there is no volatility. "There is no volatility, and volatility is relative!". The asset that Dai acts steadily against the dollar is in USD. In summary, Dai is equal to $ 1.

Cons

No one seems to fully understand this project it's hard enough explaining it to myself ,how am I expected to explain to other's when the project is confusing