Really useful explanation. Thanks!
SBD (often referred to as "Steem Blockchain Dollars")
Nerdy question: I’ve seen both Steem Backed Dollars and Steem Based Dollars each many, many times. But recently have been seeing Steem Blockchain Dollars.
Anybody know what @dan was calling them in the early days?
They were originally called Steem Backed Dollars, and were re-marketed / renamed when they published the bluepaper.