Dharma
Finance and crypto
blockchain lending protocol
SHOW HN2018
How HN took it
4 positive, 14 neutral or asking, 0 mixed, 8 critical, out of 26 comments about the project. Thread score -0.10.
Idea: 4 for, 5 againstPrivacy: 0 for, 1 againstPricing: 0 for, 1 against
The thread, comment by comment
Each row is a top-level comment and its replies, in HN's order. Select a cell to open that comment on HN.
positive neutral or mixed critical about another commenter or something else the maker
What HN said
What people liked
Clever idea of collateralizing loans with digital assets
From 1 comment
This is a clever idea. I've long been skeptical of debt on blockchains b/c there aren't good means of enforcing repayment without resorting to trusted irl/off-chain components,…
SkyMarshal on HN
Objections
Blockchain adds little; the protocol is centralized, not decentralized
From 2 comments
I have looking deeply into lending smart contract protocols - dharma, ethlend, salt, paypie, etc. My biggest complaint is all of them are so-called 'blockchain' products but not…
kang on HNEvery time blockchain has had a hype cycle over the years I start thinking of ideas to build on it. Then I realize all of my ideas would just be simpler, better, and more…
arcticfox on HN
Underwriter is a middleman, contradicting trustless claims
From 1 comment
The 'underwriter' in dharma protocol is essentially current day middleman. You contradicted yourself by saying "trustlessly" in point 1 and then admitting to point 3. Point 2 is…
kang on HN
Collateral value volatility and lack of demand for collectibles
From 2 comments
Too bad nobody I their right mind would borrow or lend such an obscenely volatile and deflationary instrument (unless they were going to scam it somehow).
jnordwick on HNI have question on this tutorial - How are you ensuring the value part of the equation. Lets say I own one of the cryptokitties worth $100k:…
thisisit on HN
Requests
Explain how governance will work
From 1 comment
I found this project the other day after doing a deep dive into the 0x project. This is a cool project and I am impressed with the level of thought and detail gone into planning…
evbots on HN
Questions
How is collateral value tracked and enforced?
From 1 comment
I have question on this tutorial - How are you ensuring the value part of the equation. Lets say I own one of the cryptokitties worth $100k:…
thisisit on HN
Regulatory status of underwriting
From 1 comment
Oh this is interesting. In India, debt agreements have to be underwritten. Moreover, this right is a hard-to-get license that is granted by the central bank - Reserve Bank of…
sandGorgon on HN
Alternatives named
ethlend
From 1 comment
I have looking deeply into lending smart contract protocols - dharma, ethlend, salt, paypie, etc. My biggest complaint is all of them are so-called 'blockchain' products but not…
kang on HN
Salt
From 1 comment
I have looking deeply into lending smart contract protocols - dharma, ethlend, salt, paypie, etc. My biggest complaint is all of them are so-called 'blockchain' products but not…
kang on HN
paypie
From 1 comment
I have looking deeply into lending smart contract protocols - dharma, ethlend, salt, paypie, etc. My biggest complaint is all of them are so-called 'blockchain' products but not…
kang on HN
MakerDAO
From 1 comment
The MakerDAO system (which I contribute to) issues a token called dai against Ethereum token collateral. The dai token is meant to have low volatility measured against fiat…
mbrock on HN