Bitcoin introduced several proposals in its whitepaper in 2009 about managing people’s finances more efficiently than the existing traditional system. In reality, however, Bitcoin and many other crypto projects lack the essential features necessary for ensuring price stability.
Some of the limitations of crypto include:
Governance protocol
Price volatility
Token circulation
Security of user’s assets
These limitations led to the development of stablecoin to enable users to have a good store of value and carry out their business with crypto without a fluctuation in price. But unfortunately, the problem still lingers as stablecoin like USDT is still pegged to the US dollar. This means it follows the dollar’s inflation.
As a result, this asset is still subject to central government policies. GryffinDAO carefully observes these trends and proposes to provide a lasting solution in the crypto world.
GryffinDAO is borne out of necessity to solve some limitations of the existing crypto...
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INN caught up with cryptocurrency investment expert Dan Hoover to review the current landscape and where the market may be heading. The cryptocurrency investment marketplace has gone through severa...