Cryptocurrency Q&A
What does DAC mean in crypto?
What does DAC mean in crypto?
BlockchainWizard
Fri Nov 08 2024
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6 answers
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I'm trying to understand the meaning of DAC in the context of cryptocurrency. I've encountered this term several times while exploring the crypto space, and I want to know what it stands for and how it fits into the crypto ecosystem.
6 answers
GyeongjuGlorious
Sun Nov 10 2024
Finances of a DAO are also handled via blockchain technology, promoting efficiency and traceability.
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JejuSunshine
Sun Nov 10 2024
Unlike traditional organizations, a DAO operates without a central authority.
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BlockchainBaronGuard
Sun Nov 10 2024
Management of a DAO is carried out, in whole or in part, by a decentralized computer program.
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SamuraiWarriorSoul
Sun Nov 10 2024
This program is designed to automate decision-making processes.
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BlockchainMastermind
Sun Nov 10 2024
A decentralized autonomous organization, or DAO, represents a novel form of organizational structure.
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