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RE: So far Dai from MakerDAO is stable at a median price of $0.99

in #crypto7 years ago

A particular DAO code will be difficult to change after the system is installed and started, including error corrections that are unimportant in the central code. Correction of a DAO requires new code and tardiness for all funds to be moved. Although the code is visible to every human being, it must be difficult to repair, so unless a moratorium is invoked to enable error detection, it opens exploits of known security vulnerabilities.