Dai is a type of cryptocurrency known as a stable coin. It is a collateral-backed cryptocurrency with the value worth $1 USD. Dai was developed by MakerDAO.
Soren Peter Nielsen
The Dai Stablecoin System
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- CryptocurrencyA cryptocurrency (or crypto currency) is a digital asset designed to work as a medium of exchange using cryptography to secure the transactions and to control the creation of additional units of the currency. Cryptocurrencies are a subset of alternative currencies, or specifically of digital currencies.