What is Q and the Problem of Decentralized Autonomous Organization (DAO) Governance
What is DAO?
A DAO (Decentralized Autonomous Organization) is a decentralized entity that operates based on rules encoded as smart contracts on the blockchain. A DAO lacks a centralized management structure, with decisions made through the consensus of its community members, typically via token-based voting.
The Problem of Decentralized Autonomous Organization (DAO) Governance
Traditional DAOs face several challenges, including:
1. Slow Decision-Making Processes: Achieving consensus from a
July 28, 2024