What is a decentralized autonomous organization, and how does a DAO work? (Part One. This is important to learn.)

From Coin Telegraph. A decentralized autonomous organization (DAO) is an entity with no central leadership. Decisions are made from the bottom-up, governed by a community organized around specific set of rules enforced on a blockchain. DAO’s are internet -native organizations collectively owned and managed by their members. They have built-in Read more…


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Hashgraph Consensus:

Hashgraph Consensus: a hashgraph data structure and consensus algorithm provide a new platform for distribution consensus. The goal of distribution consensus algorithm is to allow a community of users to come to an agreement on the order in in which some of the users generated transactions, when no single member Read more…

Blockchain Ledger.

A Blockchain Ledger is essentially a digital ledger of transaction that is duplicated and distributed across the entire network of computer systems on the blockchain. It is a type of DLT with an immutable cryptographic signature called hash.


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Bitcoin Mining.

Bitcoin mining is the process by which new bitcoins are entered into circulation; it is also the way transactions are confirmed by the network and a critical component of the maintenance and development of the blockchain ledger. ( Investopedia)


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Amortization

Amortization: (1) Accounting procedure which gradually reduces the book value of an intangible asset through periodic charges to income; similar to depreciation for fixed assets. See also: Capitalize. (2) Method of reducing a taxpayer’s cost basis in a bond purchased at a premium. (vs. Accretion.) (3) Reduction of debt through Read more…