WHAT DOES DAO MEAN?

DAOs are created on open-supply blockchains, so anybody can see what’s composed into the code. If any member submits a proposal, or audits the group’s treasury, or usually takes another action in the DAO, that action is recorded indelibly within the blockchain, keeping a transparent file. That transparency is additionally speculated to aid beli

Collective ownership – you could purchase physical or digital belongings and customers can vote regarding how to use them.Friends With Added benefits needed to relaunch its token after a hack. If a breach transpires, and that money is stolen, It really is gone for good. This is often what transpired on the DAO, the first decentralized autonomous