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What’s the function of a “DAO” (Decentralized Autonomous Group) within the context of blockchain?
Query: What’s the function of a “DAO” (Decentralized Autonomous Group) within the context of blockchain?
Reply: To allow decentralized governance and decision-making.
Additional studying
Which blockchain platform makes use of the time period “sharding” to consult with the method of partitioning the community to enhance scalability?
What’s the time period for a scenario the place a cryptocurrency undergoes a big and sometimes sudden lower in worth?
Which blockchain platform is designed for the creation of decentralized purposes (DApps) with a give attention to scalability and low transaction charges?
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