What Are Decentralized Organizations (DAO)? | Complete Guide – Decrypt

In brief

A DAO, or decentralized autonomous organization, is a business structure where control is spread out rather than hierarchical.
DAOs are organized using smart contracts, with participants using governance tokens to vote on topics such as fund allocation.

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What is Proof of Stake? | How it Differs From Proof of Work – Decrypt

In brief

Proof of stake is a consensus mechanism, which makes sure that only legitimate transactions get added to blocks.
It works by having validators lock up their cryptocurrency to secure the network.

Mining cryptocurrency is an energy-intensive business. But it doesn’t have to be.

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What Are Smart Contracts and How Do They Work? (2021) – Decrypt

In brief

Smart contracts are contracts expressed as a piece of code that are designed to carry out a set of instructions.
The term “smart contract” was coined in the 1990s, in an academic paper created by Nick Szabo.
Dapps, or decentralized apps, are essentially a series of linked smart contracts.

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What Are Smart Contracts? | The Beginner’s Guide – Decrypt

In brief

Smart contracts are contracts expressed as a piece of code that are designed to carry out a set of instructions.
The term “smart contract” was coined in the 1990s, in an academic paper created by Nick Szabo.
Dapps, or decentralized apps, are essentially a series of linked smart contracts.

Read more