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What is DAO? The Jargon-Free Beginner’s Guide
Decentralized Autonomous Organization (DAO) is a community-led entity with no central authority. DAO is pronounced as “Dow” like “the Dow Jones.” Unlike the traditional organizations that are governed by a board or executive committees, DAO is governed by its members...
What are GAS Fees anyway?
There’s nothing more frustrating than losing money. But that’s exactly what happens when you pay high fees for crypto transactions… or fees on transactions that fail. What is a gas fee anyway? Gas fee is the term given to transaction fees on the...
What’s the Difference Between LAYER 1 and LAYER 2 Blockchains
With the increasing use of blockchain in different industries, the scalability issue has become paramount in its sustainability. Regardless of your familiarity with the blockchain space, you probably heard the terms ‘layer 1 or layer 2’. Blockchain scalability: Why is...
The Truth About Crypto Staking
What is crypto staking? Staking is seen as the crypto world’s equivalent of earning interest or dividends by holding onto crypto assets. For example, when you deposit a certain amount of money in a savings account, the bank utilizes the money to run their lending...
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