
Web3
What is a DAO?
A DAO is an organization whose rules live in code and whose members vote with tokens. Some run billion-dollar protocols; others can't order office supplies.
Decentralized identity, storage, governance and finance examined for what they gain and what they cost against the ordinary services they aim to replace.

A DAO is an organization whose rules live in code and whose members vote with tokens. Some run billion-dollar protocols; others can't order office supplies.

A dApp is an app whose engine runs on a blockchain. The login is your wallet, the rules are public code, and the trade-offs are real.

A smart contract is code on a blockchain that executes agreed terms by itself. The automation is real — and so are the bugs.

Web3 is a 2014 coinage for an internet run on blockchains — loved, funded, and fought over. Here is what it actually claims, minus the hype.