How it Works

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How DAI Works?

13 Jul 2023 2 minute read 0 comments Cryptoray

DAI is a decentralized stablecoin created by MakerDAO, which operates on the Ethereum blockchain. DAI is designed to maintain a stable value relative to the US dollar. DAI is not working by magic, it has several configs around to be what it is. Let m...

How Asymmetric Encryption Works (In Oversimplified Terms)

16 Jan 2023 1 minute read 2 comments Great White Snark

Asymmetric encryption requires at least two entities (usually people) to exchange encrypted messages. It also requires each of those entities to have two keys: a public key, which is shared a private key, which is kept secret Here's how it works, i...