Cryptocurrency Q&A Is DAO based on Ethereum?

Is DAO based on Ethereum?

ShintoSpirit ShintoSpirit Fri Jul 26 2024 | 6 answers 1376
I'm curious to know if Decentralized Autonomous Organizations, or DAOs, are inherently tied to the Ethereum blockchain. Could you elaborate on the relationship between DAOs and Ethereum, and whether or not there are any alternative platforms or blockchains that support the creation and operation of DAOs? Additionally, what are some of the key benefits and drawbacks of using Ethereum as the foundation for a DAO? Is DAO based on Ethereum?

0 answers

| Topics at Cryptocurrency Q&A

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users

The World's Leading Crypto Trading Platform

Get my welcome gifts