Ethereum (ETH) Creator Vitalik Buterin Says Algorithmic Stablecoins Shouldn’t Be Dismissed - BitcoinEthereumNews.com
Ethereumएथेरियम (ETH) के निर्माता विटालिक ब्यूटिरिन का कहना है कि एल्गोरिथम स्थिर सिक्कों को खारिज नहीं किया जाना चाहिए05 / 27 / 2022बिटकॉइन एथेरियम समाचार Ethereum (ETH) founder Vitalik Buterin is weighing in on the future of automated stablecoins as the dust settles after the collapse of TerraUSD (UST) earlier this month. एक नए ब्लॉग पोस्ट में, Buterin जोर दिया the need for balance when evaluating the merits and risks within the world of decentralized finance (DeFi). The greater level of scrutiny on DeFi financial mechanisms, especially those that try very hard to optimize for ‘capital efficiency,’ is highly welcome. The greater acknowledgment that present performance is no guarantee of future returns (or even future lack-of-total-collapse) is even more welcome. Where the sentiment goes very wrong, however, is in painting all automated pure-crypto stablecoins with the same brush, and dismissing the entire category. RSI Ethereum co-creator lays out a pair of theoretical tests, one asking if an algorithmic stablecoin can “wind down” rather than outright collapse, the other considering how a stablecoin might stay pegged to an index that appreciated by 20% each year. Buterin concludes by saying that crypto should avoid trying to mimic the fiat currency model of relying on perpetual growth, as well as