[{"data":1,"prerenderedAt":343},["ShallowReactive",2],{"project-16181046":3},{"id":4,"name":5,"line":6,"line_source":7,"title":8,"url":9,"domain":10,"maker":11,"posted_at":12,"year":13,"points":14,"comments":15,"rank_in_year":16,"shown_in_year":17,"top":18,"tier":19,"category":20,"subcategory":21,"format":22,"keywords":23,"reception":29,"sentiment":30,"stance_mix":31,"scored_comments":36,"aspects":37,"strip":43,"post_text":45,"what":46,"said":71,"maker_in_thread":150,"shape":159,"grid":162,"attempts":306,"same_week":307,"maker_shows":269,"maker_hidden":335,"reader_version":336,"card":337},"16181046","Dharma","Collateralized Debt Agreements Using Smart Contracts and Virtual Cats","title","Show HN: Collateralized Debt Agreements Using Smart Contracts and Virtual Cats","https:\u002F\u002Fdharma.io\u002Ftutorial","dharma.io","nahollander",1516307246,2018,97,57,448,2155,21,"notable","finance_crypto","blockchain lending protocol","library",[24,25,26,27,28],"smart contracts","ethereum","collateralized loans","cryptokitties","debt agreements","curious",-0.103,{"positive":32,"neutral":33,"mixed":34,"critical":35},4,14,0,8,26,{"idea":38,"privacy":40,"pricing":42},{"positive":32,"critical":39},5,{"positive":34,"critical":41},1,{"positive":34,"critical":41},[41,34,34,34,34,34,34,34,34,41,41,44,39,39,41,44,41,39,34,34,39,44,44,44,34,44,44,34,44,44,44,34,34,34,34,41,44,34,41,41],3,null,{"problem":47,"audience":45,"pricing":45,"motivation":54,"time_to_build":45,"stack":58,"openness":69,"stage":69,"team_size":70},{"value":48,"source":49,"evidence":50},"Lending and collateralizing debt trustlessly on a blockchain without middlemen","maker",[51],{"id":52,"by":11,"text":53},"16182720","@kang -- while I don't disagree that there's no shortage of snake oil and hand-waving in the blockchain industry (\"Blockchain for X! Huzzah!\"), I do disagree with your point…",{"value":55,"source":49,"evidence":56},"Enable peer-to-peer trustless debt agreements and tradable loan tokens",[57],{"id":52,"by":11,"text":53},[59,65],{"value":60,"source":49,"evidence":61},"Ethereum",[62],{"id":63,"by":11,"text":64},"16181077","Hey HN! We're the team behind Dharma protocol, building the infrastructure for the tokenized debt agreements on the Ethereum blockchain. In this code school, we teach you how to…",{"value":66,"source":49,"evidence":67},"Smart contracts",[68],{"id":63,"by":11,"text":64},"unknown","team",{"praise":72,"objections":81,"requests":110,"questions":118,"alternatives":130},[73],{"value":74,"source":75,"evidence":76},"Clever idea of collateralizing loans with digital assets","commenter",[77],{"id":78,"by":79,"text":80},"16181711","SkyMarshal","This is a clever idea. I've long been skeptical of debt on blockchains b\u002Fc there aren't good means of enforcing repayment without resorting to trusted irl\u002Foff-chain components,…",[82,93,99],{"value":83,"source":75,"evidence":84},"Blockchain adds little; the protocol is centralized, not decentralized",[85,89],{"id":86,"by":87,"text":88},"16182076","kang","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…",{"id":90,"by":91,"text":92},"16182214","arcticfox","Every 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…",{"value":94,"source":75,"evidence":95},"Underwriter is a middleman, contradicting trustless claims",[96],{"id":97,"by":87,"text":98},"16183185","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…",{"value":100,"source":75,"evidence":101},"Collateral value volatility and lack of demand for collectibles",[102,106],{"id":103,"by":104,"text":105},"16182343","jnordwick","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).",{"id":107,"by":108,"text":109},"16185324","thisisit","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:…",[111],{"value":112,"source":75,"evidence":113},"Explain how governance will work",[114],{"id":115,"by":116,"text":117},"16181542","evbots","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…",[119,123],{"value":120,"source":75,"evidence":121},"How is collateral value tracked and enforced?",[122],{"id":107,"by":108,"text":109},{"value":124,"source":75,"evidence":125},"Regulatory status of underwriting",[126],{"id":127,"by":128,"text":129},"16184880","sandGorgon","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…",[131,135,139,143],{"value":132,"source":75,"evidence":133},"ethlend",[134],{"id":86,"by":87,"text":88},{"value":136,"source":75,"evidence":137},"Salt",[138],{"id":86,"by":87,"text":88},{"value":140,"source":75,"evidence":141},"paypie",[142],{"id":86,"by":87,"text":88},{"value":144,"source":75,"evidence":145},"MakerDAO",[146],{"id":147,"by":148,"text":149},"16184849","mbrock","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…",{"comments":39,"answered":34,"key":151},[152,153,156],{"id":52,"text":53},{"id":154,"text":155},"16183091","For points 1 and 2, it's no secret :) See for yourself: https:\u002F\u002Fwhitepaper.dharma.io For point ,: you're correct in that we (as in the crypto community in general) have yet to…",{"id":157,"text":158},"16183463","Debt agreements aren't required to be underwritten in every instance -- it's an entirely optional addition. If you want to see an example of a debt agreement in which there is no…",{"commenters":160,"max_depth":35,"maker_replies":39,"first_comment_mins":44,"lifespan_hours":161},34,17,[163,165,167,170,173,176,179,182,184,187,190,193,195,197,198,199,200,202,205,208,211,215,218,221,225,228,230,233,235,236,239,242,244,247,249,251,254,256,258,260,262,263,266,268,270,273,275,278,281,283,285,287,290,293,297,299,303],[86,34,41,164,87,34],"project\u002Fcritical\u002Fidea",[90,34,34,166,91,34],"other\u002Fneutral\u002Fnone",[168,34,34,166,169,34],"16182626","watoc",[171,34,34,166,172,34],"16183283","splintercell",[174,34,34,175,91,34],"16184061","commenter\u002Fneutral\u002Fnone",[177,34,34,166,178,34],"16184049","unabridged",[180,34,34,166,181,34],"16184075","Daishiman",[183,34,34,166,91,34],"16184088",[185,34,34,166,186,34],"16184731","tehlike",[188,34,34,166,189,34],"16182460","mtgx",[191,34,34,175,192,34],"16183734","ucaetano",[52,34,34,194,11,41],"maker\u002Fneutral\u002Fidea",[196,34,41,164,87,34],"16183002",[154,34,34,194,11,41],[97,34,41,164,87,34],[157,34,34,194,11,41],[127,34,44,201,128,34],"project\u002Fneutral\u002Fidea",[203,34,39,204,104,34],"16184053","project\u002Fpositive\u002Fidea",[206,34,39,204,207,34],"16183093","DennisP",[209,34,34,175,210,34],"16183800","adrianratnapala",[212,34,41,213,214,34],"16184140","project\u002Fcritical\u002Fprivacy","gbhn",[216,34,44,217,186,34],"16184725","project\u002Fneutral\u002Fprivacy",[219,34,44,220,207,34],"16186003","maker\u002Fneutral\u002Fprivacy",[222,34,41,223,224,34],"16184040","project\u002Fcritical\u002Fnone","Quiark",[226,34,39,204,227,34],"16184129","CryptoPunk",[63,41,34,229,11,41],"maker\u002Fneutral\u002Fnone",[231,41,34,166,232,34],"16181441","meri_dian",[234,41,34,166,79,34],"16181734",[78,41,39,204,79,34],[237,41,44,201,238,34],"16182057","stanleydrew",[240,41,34,175,241,34],"16182113","foota",[243,41,44,201,91,34],"16182246",[245,41,34,175,246,34],"16182558","hathathat",[248,41,44,201,79,34],"16184774",[250,41,34,175,238,34],"16182248",[252,41,44,194,253,34],"16182472","bpforster24",[255,41,44,201,241,34],"16182759",[257,41,44,194,253,34],"16183374",[259,41,34,166,241,34],"16182781",[261,41,44,201,253,34],"16182443",[147,41,34,166,148,34],[264,41,44,201,265,34],"16184498","mempko",[107,41,44,267,108,34],"project\u002Fneutral\u002Fpricing",[115,269,44,201,116,34],2,[271,44,34,166,272,34],"16181459","JumpCrisscross",[274,32,34,166,241,34],"16182026",[276,39,34,166,277,34],"16181799","elmar",[279,39,34,166,280,34],"16181905","trfergus",[282,39,34,166,277,34],"16181985",[284,39,34,194,11,41],"16182663",[103,286,41,164,104,34],6,[288,286,44,289,253,34],"16182504","maker\u002Fneutral\u002Fpricing",[291,286,34,175,292,34],"16183142","mccoyspace",[294,286,34,295,296,34],"16185501","commenter\u002Fneutral\u002Fpricing","whatok",[298,286,41,164,104,34],"16184150",[300,286,41,301,302,34],"16185016","project\u002Fcritical\u002Fpricing","runeks",[304,286,34,175,305,34],"16185847","manibatra",[],[308,313,318,322,326,330],{"id":309,"name":310,"points":311,"category":312},"16216960","eliotand.me",644,"web_saas",{"id":314,"name":315,"points":316,"category":317},"16223929","RetroClip",309,"creative",{"id":319,"name":320,"points":321,"category":317},"16211516","Paper Programs",235,{"id":323,"name":324,"points":325,"category":20},"16212689","Crypto News Agency",183,{"id":327,"name":328,"points":329,"category":20},"16225383","PonziCoin",182,{"id":331,"name":332,"points":333,"category":334},"16197808","surviv.io",163,"games",false,"v2",{"id":338,"name":5,"line":6,"ai":335,"cat":20,"year":13,"points":14,"comments":15,"rec":29,"s":339,"top":18,"kw":340,"maker":11,"domain":10,"tier":19,"attempts":34,"strip":341,"url":9,"mix":342,"praise":74,"objection":83,"sub":21},16181046,-0.1,[24,25,26,27,28],"1000000001135513150053330330333000013011",[32,33,34,35],1793990969568]