Longhash Data Shows Dai (DAI) Stablecoin Wallet Addresses Increase by 20% Per Month in 2018

Longhash Data Shows Dai (DAI) Stablecoin Wallet Addresses Increase by 20% Per Month in 2018
фото показано с : bitcoinexchangeguide.com

2019-2-11 18:29

Stablecoins have gained massive popularity during the past year as the cryptocurrency market tumbled from all-time highs starting February 2018. One of the lesser-known stablecoins, Dai (Dai) has quietly been increasing its adoption as shown by the 7,300 addresses being opened monthly for the token. The number, however, shows no signs of slowing down as research expects the growth of adoptees to increase by 20% every month.

Chart showing DAI's wallet addresses growth in the past year

Dai is a stablecoin created by one of the oldest Ethereum-focused companies, Maker. The coin is pegged to the USD at a rate of 1 Dai equal to $1 however much Dai is in existence. Unlike other stablecoins such as Tether, Dai has no central controlling unit or a bank to place dollar deposits. Instead, the Dai protocol works within the Ethereum blockchain achieving stability using smart contract technology.

There is quite no stablecoin like DAI and many of the current cryptocurrencies do not match the rapid growth experienced in the past year. One protocol that matches the DAI in growth in the past few months is the Bitcoin Lightning Network (Bitcoin LN) which has grown over 200% in the past 90 days. The platform is set to increase the scalability and transaction speeds of Bitcoin.

DAI is currently trading at $0.994299 USD, representing a 0.63% loss in the past 24 hours. The token’s market capitalization stands at $76,646,418 USD with 77 million DAI tokens in circulation. This places the coin at 58th on the Coinmarketcap log.

Similar to Notcoin - TapSwap on Solana Airdrops In 2024

origin »

Multi collateral Dai (DAI) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.00 %
Cегодня L: $0 - H: $1.0002
Капитализация $0 Rank 99999
Цена в час новости $ 1.0052 (-100%)

dai 2018 stablecoins addresses shows adoption shown

Источник: bitcoinexchangeguide.com

dai 2018 → Результатов: 20


Самые популярные стейблкоины и их капитализация

Одной из главных проблем криптовалюты, которая на данном этапе мешает ей стать полноценной заменой фиатным деньгам – это высокая волатильность. Котировки криптовалют неустойчивы и могут меняться на очень значительные суммы за короткий промежуток времени.

2019-1-23 15:13


How MakerDAO’s Decentralized DAI Stablecoin Token Looks to Oust the Controversial Tether (USDT)

The previous year has been marked by a lot of things, including high-profile crypto exchange hacks, two market crashes, a year-long bear market, and of course — stablecoins. 2018 has been quite an eventful year for fiat pegged coins, which started emerging due to high volatility of regular cryptocurrencies. The most popular stablecoin, Tether (USTD) […]

2019-1-15 22:25


BitGo добавила новые стейблкоины

Разработчик решений для безопасного хранения криптоактивов BitGo объявил о добавлении новых стейблкоинов — USD Coin (USDC) и Gemini Dollar (GUSD). Ранее на платформе были представлены стабильные монеты Dai (DAI), Paxos Standard Token (PAX) и TrueUSD (TUSD).

2018-11-16 21:44


Andreessen Horowitz инвестировала $15 млн в блокчейн-стартап MakerDAO

Американская венчурная компания из Кремниевой долины Andreessen Horowitz (a16z) инвестировала $15 млн в стейблкоин MakerDAO (MKR). Владение токенами MKR позволит a16z участвовать в управлении MakerDAO и Dai Credit System.

2018-9-25 09:16


Фото:

The Genesis Files: With Bit Gold, Szabo Was Inches Away From Inventing Bitcoin

As his Hungarian parents had fled post-war Soviet regime to settle in the United States, Nick Szabo came to call the Californian Bay area of the 1990s his home. Here, he was among the first to frequent the in-person “Cypherpunk” meetings organized by Timothy May, Eric Hughes and other founding members of the collective of cryptographers, programmers and privacy activists centered around the ’90s mailing list of the same name.

2018-7-13 17:16


Фото:

What Are MKR and DAI? Introduction to Maker

One of the biggest obstacles to crypto’s mainstream acceptance as currency is the volatile pricing. Bitcoin, for example, ranged in price from $6,000 to $17,000 in 2018 alone. Nobody wants to spend 10,000 seemingly worthless crypto tokens on a couple of pizzas one day, only to see the price jump to a value of over […] The post What Are MKR and DAI? Introduction to Maker appeared first on Crypto Briefing.

2018-7-12 19:25


Партнеры Currencies.ru

Реклама на Currencies.ru

Самое свежее на Currencies.ru

Will XRP price prediction hold as sellers dominate?

There have been more XRP sales since its price increased. XRP has maintained the $0.53 price range despite declines. Ripple's XRP experienced a rise alongside the market recently, but data iThe post Will XRP price prediction hold as sellers dominate? appeared first on AMBCrypto.

XRP's rally hits major roadblock: What will the altcoin do now?

XRP tumbled as Ripple moved 50 million tokens, causing a market stir. The overall market sentiment for XRP is mixed, with neither the bulls nor the bears in control. Ripple's [XRP] recent prThe post XRP's rally hits major roadblock: What will the altcoin do now? appeared first on AMBCrypto.

Can Polygon [MATIC] climb 17% soon? Taking a closer look

MATIC may be due for a double-digit rally, according to analyst Ali Martinez. However, it might face headwinds in the short term. Polygon [MATIC] is due for a 17% price rally if it breaks abThe post Can Polygon [MATIC] climb 17% soon? Taking a closer look appeared first on AMBCrypto.

Ethereum-based Farcaster taps $150M amid ETH surge - What now?

Farcaster secured $150 million in a Series A round led by Paradigm. Farcaster integrated with Arbitrum amidst the Ethereum surge and ETF anticipation. Amid Ethereum's surge beyond $3000 withThe post Ethereum-based Farcaster taps $150M amid ETH surge - What now? appeared first on AMBCrypto.

SEC's tough stance on crypto continues: Gary Gensler slams 'FIT 21' Act

Gary Gensler has opposed the “FIT 21” Act, citing regulatory gaps and risks to investors. SEC's crypto stance before the 2024 elections could majorly sway voter sentiment. As former PresThe post SEC's tough stance on crypto continues: Gary Gensler slams 'FIT 21' Act appeared first on AMBCrypto.

Trump crypto donations: Better 'financial choices' or 'another cow to milk'?

Donald Trump has started accepting crypto donations for his 2024 presidential campaign. Cryptocurrencies see an increased importance in the political discourse. As anticipation builds for thThe post Trump crypto donations: Better 'financial choices' or 'another cow to milk'? appeared first on AMBCrypto.