Cryptocurrency Q&A Is a DAO a protocol?

Is a DAO a protocol?

CherryBlossomKiss Sun Aug 11 2024 | 5 answers 1011

Excuse me, could you please clarify for me if a Decentralized Autonomous Organization, or DAO, is indeed considered a protocol in the world of cryptocurrency and blockchain technology? I've heard varying opinions on this matter, and I'm interested in understanding the exact nature of a DAO and how it differs, if at all, from a protocol. Is it a structure that operates based on predefined rules encoded in a smart contract, akin to a protocol, or is it something entirely distinct? Your insights would be greatly appreciated. Is a DAO a protocol?

Is a DAO a protocol?

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