SBD tokens are designed to be pegged closely to one USD, so that users who receive them can know approximately how much they are worth in “real dollar” terms. SBD tokens also offer a relatively stable currency for users to hold if they are looking to preserve their account value relative to USD. A more detailed technical explanation can be found in the Steem technical whitepaper.12
yes i was sort of joking, it was MEANT to, of course; but it never really was designed in a way that would work. read the more detailed explanation, like it says at the end of your quote. long story short the devs didnt think this one through. I have a whole post analyzing the language of the whitepaper if you're interested
It never really was meant to what?
See for yourself.
yes i was sort of joking, it was MEANT to, of course; but it never really was designed in a way that would work. read the more detailed explanation, like it says at the end of your quote. long story short the devs didnt think this one through. I have a whole post analyzing the language of the whitepaper if you're interested