{"id":5584,"date":"2019-05-30T22:20:32","date_gmt":"2019-05-30T22:20:32","guid":{"rendered":"http:\/\/thebitcoinpodcast.com\/?p=5584"},"modified":"2019-06-05T19:22:52","modified_gmt":"2019-06-05T19:22:52","slug":"hashing-it-out-47","status":"publish","type":"post","link":"https:\/\/thebitcoinpodcast.com\/hashing-it-out-47\/","title":{"rendered":"Hashing It Out #47: MakerDAO pt. 1 \u2013 Nik Kunkel"},"content":{"rendered":"<p><iframe loading=\"lazy\" src=\"https:\/\/player.simplecast.com\/ea9c5525-6e0b-4d93-b6bc-422feda2b64f?dark=true\" width=\"100%\" height=\"200px\" frameborder=\"no\" scrolling=\"no\" seamless=\"\"><\/iframe><\/p>\n<p>MakerDAO has built a token that is reasonably stable with the USD. We have the great pleasure of interviewing Nik Kunkel, Head of Backend Services at Maker. In this Part 1 of 2 on Maker, we talk about the cryptoeconomics behind creating a stable token pegged to the USD. It&#8217;s essential to understand this before getting into the technicals found in Part 2 of 2 (next episode, #48). This is compelling work, and truly amazing how well it&#8217;s standing against the throes of the fluctuating markets.<\/p>\n<p><strong>Links<\/strong><br \/>\n<a href=\"https:\/\/makerdao.com\/en\/\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">https:\/\/makerdao.com\/en\/<\/a><br \/>\n<a href=\"https:\/\/www.reddit.com\/r\/MakerDAO\/\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">https:\/\/www.reddit.com\/r\/MakerDAO\/<\/a><br \/>\n<a href=\"https:\/\/twitter.com\/makerdao\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">https:\/\/twitter.com\/makerdao<\/a><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>MakerDAO has built a token that is reasonably stable with the USD. We have the great pleasure of interviewing Nik Kunkel, Head of Backend Services at Maker. In this Part 1 of 2 on Maker, we talk about the cryptoeconomics behind creating a stable token pegged to the USD. It&#8217;s essential to understand this before [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":5585,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","unlock_protocol_post_locks":"","publish_to_discourse":"","publish_post_category":"","wpdc_auto_publish_overridden":"","wpdc_topic_tags":"","wpdc_pin_topic":"","wpdc_pin_until":"","discourse_post_id":"","discourse_permalink":"","wpdc_publishing_response":"","wpdc_publishing_error":"","footnotes":""},"categories":[99],"tags":[],"_links":{"self":[{"href":"https:\/\/thebitcoinpodcast.com\/wp-json\/wp\/v2\/posts\/5584"}],"collection":[{"href":"https:\/\/thebitcoinpodcast.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thebitcoinpodcast.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thebitcoinpodcast.com\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/thebitcoinpodcast.com\/wp-json\/wp\/v2\/comments?post=5584"}],"version-history":[{"count":2,"href":"https:\/\/thebitcoinpodcast.com\/wp-json\/wp\/v2\/posts\/5584\/revisions"}],"predecessor-version":[{"id":5604,"href":"https:\/\/thebitcoinpodcast.com\/wp-json\/wp\/v2\/posts\/5584\/revisions\/5604"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/thebitcoinpodcast.com\/wp-json\/wp\/v2\/media\/5585"}],"wp:attachment":[{"href":"https:\/\/thebitcoinpodcast.com\/wp-json\/wp\/v2\/media?parent=5584"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thebitcoinpodcast.com\/wp-json\/wp\/v2\/categories?post=5584"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thebitcoinpodcast.com\/wp-json\/wp\/v2\/tags?post=5584"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}