Cryptocurrency Q&A Is arbitrum a DAO?

Is arbitrum a DAO?

CryptoWizard CryptoWizard Sun May 19 2024 | 6 answers 1775
I'm curious to know, is Arbitrum considered a DAO? Could you elaborate on this point for me? I've heard conflicting views on whether it falls under the decentralized autonomous organization umbrella. Some say it exhibits characteristics similar to a DAO, while others argue it doesn't quite fit the definition. Could you please clarify this for me? I'm trying to get a better understanding of how Arbitrum operates and whether it aligns with the principles of decentralization and autonomy that DAOs typically embrace. Is arbitrum a DAO?

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