Comparison of the decentralized standard currency DW20 with Bitcoin, the stablecoin DAI, and the standard currency USD

We start to unveil the mystery of the chainless system and introduce the relevant contents of the white paper. Many programmers have had close encounters with Bitcoin and ended up empty-handed. We are destined to meet each other and believe wealth is proportional to cognition. Our airdrop design does not require you to spend money, but you must spend time reading articles to improve your cognition and contribute to your strength; otherwise, you will miss wealth.”Comparison of the decentralized standard currency DW20 with Bitcoin, the stablecoin DAI, and the standard currency USD” is divided into four sections: the design background of DW20; its comparison with Bitcoin; its comparison with the decentralized stablecoin DAI; and its comparison with the standard currency US dollar.

Fourth, a comparison between DW20 and the standard currency, the U.S. dollar

DW20 has passed the stable currency stage and entered the standard currency stage. The comparison object now is the U.S. dollar, the leader of the standard currency. The standard currency is a currency with pricing power. It is the pricing unit of goods, the standard for pricing. What conditions must currency meet before it can be used as a yardstick for pricing?

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Third, a comparison between DW20 and the decentralized stablecoin DAI

DW20 has entered the stablecoin stage after passing the first stage. At this stage, the price of DW20 has only fluctuated slightly. The comparison object now is DAI, the leader of decentralized stablecoins. It is a mortgage-type stablecoin issued by Maker Dao, and it is also a decentralized stablecoin. The price ratio corresponding to the US dollar is 1:1. How does it maintain a stable relationship with the US dollar? It has three adjustment mechanisms to ensure the ratio with the US dollar.

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First, the Design background of DW20

DW20 is an application project of the chainless platform and is a token issued using the Bitcoin BRC20 protocol. The full text of the white paper “Realization of DW20 Decentralized Standard Currency” is 45,580 words, comprehensively describing the characteristics of DW20. The interpretation of DW20 in Tang Wanchuan’s “Interpretation of the Design Features of DW20 Decentralized Currency” is an excellent supplement to this article. This article compares a particular topic, and Tang’s analysis is more comprehensive. The name of the DW20 decentralized currency came from Mr. Tang’s suggestion.

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