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DAOs60 DAY WEB3 JOURNEY (Day 16)Previous: Ethereum vs Solana: Consensus in ActionIntroductionYesterday, you learned that Ethereum prioritizes decentralization while Solana prioritizes speed.Today, you’ll see decentralization in action through DAOs (Decentralized Autonomous Organizations).A DAO is an organization with no CEO. No board of directors. No central authority. Instead, it’s governed by...
DAOs60 DAY WEB3 JOURNEY (Day 16)Previous: Ethereum vs Solana: Consensus in ActionIntroductionYesterday, you learned that Ethereum prioritizes decentralization while Solana prioritizes speed.Today, you’ll see decentralization in action through DAOs (Decentralized Autonomous Organizations).A DAO is an organization with no CEO. No board of directors. No central authority. Instead, it’s governed by...
DAOs60 DAY WEB3 JOURNEY (Day 16)Previous: Ethereum vs Solana: Consensus in ActionIntroductionYesterday, you learned that Ethereum prioritizes decentralization while Solana prioritizes speed.Today, you’ll see decentralization in action through DAOs (Decentralized Autonomous Organizations).A DAO is an organization with no CEO. No board of directors. No central authority. Instead, it’s governed by...
DAOs60 DAY WEB3 JOURNEY (Day 16)Previous: Ethereum vs Solana: Consensus in ActionIntroductionYesterday, you learned that Ethereum prioritizes decentralization while Solana prioritizes speed.Today, you’ll see decentralization in action through DAOs (Decentralized Autonomous Organizations).A DAO is an organization with no CEO. No board of directors. No central authority. Instead, it’s governed by...
PoS vs PoH+PoS60 DAY WEB3 JOURNEY (Day 15)Previous: Layer 2 Solutions Deep-Dive: Optimistic vs ZK RollupsIntroductionOver the past two days, you’ve learned:Day 13: How consensus mechanisms work (PoW, PoS, DPoS)Day 14: How Layer 2s scale using rollupsToday, you’ll see these concepts in action by comparing two of the largest blockchains: Ethereum and Solana.They use completely different designs....
PoS vs PoH+PoS60 DAY WEB3 JOURNEY (Day 15)Previous: Layer 2 Solutions Deep-Dive: Optimistic vs ZK RollupsIntroductionOver the past two days, you’ve learned:Day 13: How consensus mechanisms work (PoW, PoS, DPoS)Day 14: How Layer 2s scale using rollupsToday, you’ll see these concepts in action by comparing two of the largest blockchains: Ethereum and Solana.They use completely different designs....
Consensus MechanismsIntroductionYou know what’s the magic trick of blockchain? Nobody’s in charge, yet everyone trusts the system. How is that possible?The answer is consensus mechanisms — the rulebook that lets thousands of computers agree on what’s real without a central authority deciding for them. Think of it as a voting system that’s impossible to cheat. This is Day 13 of 60 day Web3 Series...
Consensus MechanismsIntroductionYou know what’s the magic trick of blockchain? Nobody’s in charge, yet everyone trusts the system. How is that possible?The answer is consensus mechanisms — the rulebook that lets thousands of computers agree on what’s real without a central authority deciding for them. Think of it as a voting system that’s impossible to cheat. This is Day 13 of 60 day Web3 Series...
Consensus MechanismsIntroductionYou know what’s the magic trick of blockchain? Nobody’s in charge, yet everyone trusts the system. How is that possible?The answer is consensus mechanisms — the rulebook that lets thousands of computers agree on what’s real without a central authority deciding for them. Think of it as a voting system that’s impossible to cheat. This is Day 13 of 60 day Web3 Series...
Consensus MechanismsIntroductionYou know what’s the magic trick of blockchain? Nobody’s in charge, yet everyone trusts the system. How is that possible?The answer is consensus mechanisms — the rulebook that lets thousands of computers agree on what’s real without a central authority deciding for them. Think of it as a voting system that’s impossible to cheat. This is Day 13 of 60 day Web3 Series...