An Algorithmic Decentralized Central Bank: Eliminating Irrational Token Allocation with SORA

Written by soratopia | Published 2021/12/05
Tech Story Tags: economics | cryptocurrency | polkadot | good-company | hackernoon-top-story | defi-top-story | decentralized-internet | decentralized-banking

TLDRThe purpose of this article is to save you time learning about how SORA works. It will attempt to teach you almost everything about the decentralized economic system. The high volatility of cryptocurrencies has made them impractical as a medium of exchange so far. Having control over the supply of money is the key to the economy. Having no Monetary Policy is a Monetary Policy. In every economic system, there is a monetary entity, hence, the question is; “what is an economic system?”via the TL;DR App

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Written by soratopia | Writing about economy and future of finance.
Published by HackerNoon on 2021/12/05