An Introductory Guide to Ethereum and Dai by@stenivan

An Introductory Guide to Ethereum and Dai

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Bitcoin still reigns as the most popular and largest cryptocurrency by market capitalization. Despite the exciting growth of cryptocurrencies, they’re highly volatile, and the price can fluctuate wildly. By pegging to a currency, stablecoins aim to reduce the unpredictability of cryptocurrencies. One of the fastest-growing stablecoins is Dai, launched by MakerDao, and pegged to the US dollar. Dai is a stablecoin created by Maker DAO, a smart contract platform that controls and sells the cryptocurrency.

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