Decentralized Autonomous Organization (DAO)
By CoinGecko | Updated on Mar 03, 2020
Open source and decentralized systems that do not require centralized operators or controllers. A decentralized autonomous organization can vote on various aspects of a system without the need of central controller. Members of a decentralized autonomous organization are typically made up of token holders whose voting strength are proportional to their holdings relative to the whole ecosystem.
Related Terms
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Total processing power of a blockchain or what is the same, are the amount of hash values that can be made in a period of time.
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Sell wall
Anomalously large sell order(s) at a single price point that reflects as a "wall" in the order book.
Atomic SWAP
Atomic Swap refers to the exchange of cryptocurrencies that operate in different block chains without intermediaries.
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