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What is a DAO?

Imagine this: a driverless car cruises around in search of passengers. After dropping someone off, the car uses its profits for a trip to a charging station. Except for it's initial programming, the car doesn't need outside help to determine how to carry out its mission. That's one "thought experiment" brought to you by former …

What is a Decentralized Application?

Internet users don't have sole control over the data they share on today's websites. Ethereum is unique in that it attempts to wield the blockchain as a way to correct what its designers believe is a problematic part of the internet's design. It's like a "decentralized appstore" where anyone can publish their unstoppable apps (dapps), …

How Do Ethereum Smart Contracts Work?

Like many ideas in the blockchain industry, a general confusion shrouds so called 'smart contracts'. A new technology made possible by public blockchains, smart contracts are difficult to understand because the term partly confuses the core interaction described. While a standard contract outlines the terms of a relationship (usually one enforceable by law), a smart contract …