Cryptocurrency Q&A
Which currency is dai?
Which currency is dai?
Riccardo
Wed Dec 11 2024
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6
answers
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I would like to know which currency 'dai' refers to. Is it a specific type of money used in a certain region or country, or is it a digital currency like Bitcoin? I'm curious about its background and where it's used.
6 answers
Maria
Fri Dec 13 2024
This means it operates independently without relying on a central authority.
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SakuraWhisper
Fri Dec 13 2024
Dai runs on the Ethereum (ETH) blockchain network.
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QuasarStorm
Fri Dec 13 2024
Dai (DAI) represents a novel concept in the world of cryptocurrencies.
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SeoulSerenity
Fri Dec 13 2024
The primary objective of Dai is to maintain a stable value equivalent to $1.00 USD.
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BitcoinBaroness
Fri Dec 13 2024
It is designed as a decentralized stablecoin.
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