Review on Maker by Mathew Samson

Name: Maker
Item: Maker
Rating: 4

September 16, 2018

Ethereum's first completely decentralized Stablecoin, Dai, officially appeared…

Ethereum's first completely decentralized Stablecoin, Dai, officially appeared on December 18, 2017.
Over the next six to twelve months, Maker Platforms plans to increase the number of types of collateral that can be used to generate Dai. 
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Currently, only pooled Ethereum can create CDP and create Dai.
Maker's development roadmap is very aggressive, focusing on Daisy's widespread application over time in multiple block-chain applications.
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Pros

Offering a viable stablecoin substitute to Tether which has been embroided in lot's of controversies of late Because of the need to trust a centralized organization and the hassle of third-party auditing, the Maker creates a transparent Stablecoin system that can be fully tested in the Ethereum Blockchain

Cons

Malicious Hacking Attack - Malicious coder can steal a mortgage on the Maker platform if the deployed smart contract has a vulnerability. Black Swan Events - If a violent and unexpected crash occurs in Ethereum, the Maker system may not be able to maintain price control of system assets