This blog post is based on a presentation Ryan Casey will be giving today at the Ethereum meetup in Seattle.
He's been working with Nexus, an Ethereum-centric blockchain development shop, on a decentralized cryptocurrency leveraging and stablecoin platform called Maker.
There's a whitepaper available for it, but some of the concepts can be tricky, so he's writing this explanation to provide another resource for anyone trying to figure it out.
To start with a summary: Maker is a stablecoin and decentralized cryptocurrency leveraging platform built on the Ethereum blockchain. It is composed of three primary pieces.
http://ryepdx.com/2016/01/maker-dao/
https://blog.makerdao.com/2016/01/04/maker-dao/
Ryan is not Rune correct? He seems to be the most active developer next to toast on the project?
Quote from: tonyk on January 04, 2016, 02:36:42 PM
Ryan is not Rune correct? He seems to be the most active developer next to toast on the project?
Correct. Ryan is a machine that converts caffeine into code.
And he is a nice guy as well :D