Dai is sworn in by special contracts called stablecoin, sworn loan positions, backed by the oath sources provided in the Ethereum blockchain, which are included in the value of the US dollar. Uncle, assuring price reliability and minimizing price fluctuations, replaces where bitcoin collapses and emerges as another business.
I believe that cryptocurrencies cannot be recognized as cash for those who are normally guaranteed until a significant price difference strikes the foreign exchange market. It requires a certain amount of coin to be given, everything that is calculated to build trust in the customer without affecting the cost adjustment. Because most Cryptocurrency customers do not react to price fluctuations, huge owners deliberately change prices. To be honest, I agree too. So there was a need for a 1: 1 stable coin.
I have to explain that I have been using Tether for a long time, but Tether missed the mark and froze in a short time, but DaiCoin has been trading for $ 1 for quite some time. So I have to say that I took advantage of Tether late and switched to DaiCoin. DaiCoin quality !! I think it is more beneficial to use this coin, even if it is not the main stream.