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48 Karma

Review on Maker by manhatan davistrue

Revainrating 4 out of 5

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 offers a transparent stablecoin system that is fully inspectable on the Ethereum blockchain. Founded almost three years ago, MakerDao is lead by Rune Christensen, its CEO and founder. MakerDAO creates DAI using CDP smart contracts to collateralize the assets.



Pros
  • MKR is a cryptocurrency depicted as a smart contract platform, deployed on the Ethereum blockchain, (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 see MKR as a reliable investment even at the current quite high price. However, even more so than usual, I urge you to understand this complex token before investing in it, Maker Coin is one of the best concepts in all of cryptocurrency, and it makes it possible for a stability coin as strong as DAI to exist.