Ethereum introducing the Dai, a cryptobond backing the eDollars stability

[Rune]

I feel so stupid for messing up the grammar in the title, lol.

We've put the eDollar on the back burner as we aren't really interested in trying to make a great cryptocurrency UX just yet. Instead the dai is a cryptobond meant for investors looking for low-risk blockchain assets. This also means we are competing less with bitUSD.

I'm actually going to make a more detailed post about Maker on this forum soon. There's still many possibilities for Maker and dai benefitting Bitshares or using its blockchain, since blockchain scripting makes two-way pegs significantly easier to implement (depending on the consensus algo of course).

Maker intends to exist on every possible blockchain in the long run, and would definitely maintain a dai backed bitasset on bitshares if the EVM is implemented here in the future.

[CLains]

Rune used to hang around here, https://bitsharestalk.org/index.php?action=profile;u=23619

Would be cool if he created a private bitAsset on BitShares 2.0 as well.  :D

[Pheonike]

https://www.reddit.com/r/ethereum/comments/3eku54/the_state_of_edollar_introducing_the_dai_a/