March 2015 Reddit post. “Introducing eDollar, the ultimate stablecoin built on Ethereum,” he wrote. “As someone who’s been obsessed with pegged cryptocurrencies for the past 6 months, I was delighted to find out that even with just my meager programming skills, developing for Ethereum is so incredibly easy that I’ve been able to come up with what I believe is close to being the perfect design for a stable cryptocurrency.” 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
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