DAO

A DAO (Decentralized Autonomous Organization) operates as an organizational structure rooted in blockchain technology. It employs smart contracts to facilitate automated operational decisions. In such organizations, the voting rights of each member are typically tied to the number of tokens they possess or their level of contribution, fostering equitable and collective intelligence-driven decision-making.

Articles (72)

Exploring Saber: a Solana-based Decentralized Exchange
Intermediate

Exploring Saber: a Solana-based Decentralized Exchange

An in-depth analysis of Saber - a Solana-based DEX focused on stablecoin and wrapped asset trading, exploring its role, strengths and challenges in the DeFi ecosystem, as well as its prospects.
2024-01-25 10:04:52
What Is Rocket Pool?
Beginner

What Is Rocket Pool?

Rocket Pool is a decentralized application (dApp) in the Decentralized Finance (DeFi) space that increases access to staking opportunities on the beacon chain.
2022-10-26 08:13:25
What Is a Social Token?
Beginner

What Is a Social Token?

Social Tokens are meant to be the next big innovation in cryptocurrencies and in the field of decentralized finance.
2022-10-24 09:57:00
What Are Algorithmic Stablecoins?
Beginner

What Are Algorithmic Stablecoins?

Algorithmic stablecoins use complex mechanisms to make them keep the peg with the dollar, without the need for centralized tools.
2022-10-24 08:39:45
What Is Dai? All You Need to Know About DAI
Intermediate

What Is Dai? All You Need to Know About DAI

DAI is a decentralized stablecoin built through a smart contract on the Ethereum Blockchain. It aims to maintain a stable 1: 1 value against the US dollar.
2022-10-21 09:14:18
What Is a Wrapped Token?
Beginner

What Is a Wrapped Token?

Wrapped tokens are tokens that are pegged against other cryptocurrencies and exist on other blockchains. They increase interoperability among blockchain networks.
2022-10-21 07:33:27
What are Rollups?
Intermediate

What are Rollups?

Rollups represent one of the most popular and effective Ethereum scaling solutions. As a Layer 2 off-chain scaling solution, Rollup bundles thousands of off-chain transactions into batches and sends them to the main blockchain for storage and verification. It greatly improves transaction volume and transaction speed while inheriting the security of Ethereum Mainnet.
2022-10-20 09:36:58
What is an EIP (Ethereum Improvement Proposal)?
Intermediate

What is an EIP (Ethereum Improvement Proposal)?

In Ethereum, every new feature or improvement is proposed in the form of EIP, which will be implemented by all miners. This article will give you an in-depth understanding of what an EIP is and what role EIPs play in the development of Ethereum. The Ethereum ecosystem has attracted a large number of users. Although its high gas fees and congested network are often criticized, it has always been the preferred public chain for Dapps due to its safe, stable, and innovative system. Rome was not built in a day. Similarly, Ethereum has undergone various upgrades since its inception. These upgrade and improvement proposals need to reach an overall consensus in the Ethereum community in the form of EIP before they can be finally implemented.
2022-10-20 08:58:01
What is TRON?
Beginner

What is TRON?

TRON is a public chain project created by Justin Sun in 2017. It ranks among the top based on its efficient network, scalability and extremely low transaction fees. When we talk about TRON, the first keywords related to it might be Justin Sun, TRC-20, and DPoS. But as a public chain with top market cap and extensive application scenarios, there is much more worth knowing, including its consensus mechanism, economic model, history, and its founder.
2022-10-20 08:18:10
What is Loot?
Advanced

What is Loot?

Loot, originally an NFT project adopting the Free Mint tactic, had triggered positive responses in the NFT market immediately after its launch. As the first project that proactively invites users to participate in the project construction and allows players to create their NFT minting stories freely, Loot's innovation has been recognized by many users. The first batch of Loot (for Adventurers) received a trading volume of 74.7K ETH on OpenSea, witnessing great success. After that, Lootverse began to open up a magnificent chapter in crypto space. The combination of NFT projects and blockchain games has always been highly talked about. One of the best practices for empowering NFT projects is to make game characters and props into NFTs and store them on chain. Loot is exactly such a project that combines NFTs and GameFi. What makes Loot stand out among many NFT and GameFi projects as a rising star? Follow us to enter the Lootverse and feel its charm directly.
2022-10-19 10:19:44
What is Bitcoin Maximalism?
Beginner

What is Bitcoin Maximalism?

Bitcoin maximalism is an ideology that believes in the supremacy of Bitcoin. Maximalists have extreme views surrounding Bitcoin and its use cases.
2022-10-14 10:17:46
What Is Decentraland? All You Need to Know about MANA
Beginner

What Is Decentraland? All You Need to Know about MANA

Decentraland is an Ethereum-based virtual world where users trade commodities such as LAND, collectibles, and in-game items using its native token MANA.
2022-10-14 06:28:41
What Is Bored Ape Yacht Club (BAYC)?
Beginner

What Is Bored Ape Yacht Club (BAYC)?

The BAYC NFT Collection is a compilation of 10,000 unique NFTs built and stored as ERC-721 tokens on the Ethereum blockchain with unique traits.
2022-09-29 10:21:11
What is the Beacon Chain?
Beginner

What is the Beacon Chain?

The beacon chain is the first phase in the proposed ETH 2.0 roadmap designed to develop the Ethereum network.
2022-09-29 09:04:00
What is Web 3.0?
Beginner

What is Web 3.0?

Web 3.0 is an iteration of the internet that combines AI, algorithms, IoT, blockchain, and more. It aims to create a more interconnected and decentralized internet.
2022-09-29 04:06:48