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The first to reply to his post on eDollar, later renamed Dai, was Vitalik, who goes by “vbuterin” on Reddit. He gave Rune a technical suggestion, which Rune’s project, called MakerDAO, ended up implementing.5 Rune says the system would have probably been hacked and a total disaster if he had released it as it was, but at the time, he was part of a cohort of Ethereans who believed smart contracts were invincible and unbreakable. “Build unstoppable applications,” the Ethereum.org website would later say. Not only that, but many believed anything was better if it was decentralized. The thinking ...more
The Infinite Machine
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