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Stablecoins so far are not able to be cryptocurrencies. They involve the oracle problem. No functional cryptocurrency operates w outside data like that.
by blueprint 7y ago
Stablecoins so far are not able to be cryptocurrencies. They involve the oracle problem. No functional cryptocurrency operates w outside data like that.
- wslh 7y agoAs I said in [4]: "Furthermore, stable coins are centralized, but they take advantage of the interoperability features and open finance capabilities in decentralized blockchains. Openness and interoperability have become more important than decentralization." [4] The Rise of Stable Coins: Beyond Facebook Libra: https://www.linkedin.com/pulse/rise-stable-coins-beyond-facebook-libra-sebastian-raul-wain/ https://www.linkedin.com/pulse/rise-stable-coins-beyond-face...