Understanding DAO in Cryptocurrency
DAO stands for Decentralized Autonomous Organization. A DAO is a unique type of organization that operates on the principles of decentralization, autonomy, and transparency
DAO stands for Decentralized Autonomous Organization. A DAO is a unique type of organization that operates on the principles of decentralization, autonomy, and transparency
Cryptography is the practice of using mathematical algorithms to encrypt and decrypt sensitive information
At its core, asymmetric encryption relies on the principle of key pairs, where each key has a specific function. The public key is widely distributed and accessible to anyone, while the private key is kept confidential and known only to the owner.