The DAO
The DAO is the first decentralized organization run by computer code, created by developers in April 2016. It allows people to make decisions together without a central authority.
More terms under T
- TestnetA testnet is a separate version of a blockchain where developers can try out new features and fixes without using real money.
- The Barbell StrategyA strategy where investors split their money between very risky assets and very safe ones, avoiding investments that fall in between.
- The Cantillon EffectThe Cantillon Effect is the idea that when more money is created, it changes the prices of things differently depending on who gets the new money first.
- The Merge (Ethereum 2.0)The Merge is an upgrade for Ethereum that will connect its main network with the Beacon Chain, changing how transactions are verified from a method that uses a…
- Think Long Term (TLT)A way of thinking about investing where you plan to hold your investments for a long time, usually months or years, instead of trying to make quick profits.
- This Is GentlemenThis Is Gentlemen" is a phrase that started as a mistake when trying to say "This is it, gentlemen." Now, it's commonly used to introduce good news in the…
Educational definition. Protocol rules and market conventions can differ; check an asset's official documentation.