Review on Single Collateral DAI by Özgün A
Again, a project focusing on the problems of Ethereum
DAI (Single Collateral) is a project that is indexed in dollars but walks behind the Makeroda. This project rejects centralization. This project operates on smart contracts.
DAI (Single Collateral) ensures that businesses are in full control, especially. It attaches importance to the confidentiality of transactions. Thus, anonymity is provided with uncontrollable transactions. In addition, the speed of creation of transactions on blocks is high. We know that ETH's smart contracts are a problem of speed and approval. DAI (Single Collateral) offers solutions to these problems with its own algorithms.
Since there is no price volatility in DAI (Single Collateral), you can make more stable transactions.
As a result;
DAI (Single Collateral) is a project running on the Ethereum network. Ethereum has a lot of problems. It is a dream to solve the problems of Ethereum with the projects integrated on it. Honestly, I don't believe projects that focus on issues of this kind of Ethereum will be successful.
Pros
- A project that says faster and more efficient transactions can be carried out
- You can create financial assets according to your own asset status
- You have the possibility of staking and passive income
Cons
- I do not believe the project will develop. There are many projects focusing on Eth. Almost all of them failed
