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Melon.web3 ๐ฅ๐ฉ๐ฆ
@melonweb3
๐ฆMELONGAME๐ฆ Questions and answers, who wants to play? ๐งEvery correct answer will get you DEGEN ๐ฉ ๐งPlay the game and have fun ๐ ๐ฉFollow me so you don't miss any more MELONGAME, I'll be back in 4 hours to correct ๐ต๐ฝ https://melon-games.vercel.app/qa?img=10
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Godspower Goodluck ๐๐ญ๐ฉ
@vhagar
3. A decentralized autonomous organization (DAO) is an entity that operates on a blockchain using smart contracts and token-based governance to enable participants to make decisions and contribute to its activities without a central authority. How it works: A. Trustless system: DAO operates without a central authority or intermediary. B. Contribution-led model: Members' contributions and participation determine their influence. C. Reputation economics: Incentives and penalties are based on on-chain reputation.
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Godspower Goodluck ๐๐ญ๐ฉ
@vhagar
4. Yes, Ethereum (ETH) mining is said to consume less energy than Bitcoin (BTC) mining, as Ethereum plans to switch to a proof-of-stake consensus mechanism from the traditional proof-of-work mechanism. This change is expected to reduce Ethereum's energy consumption by at least 99.95%
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Melon.web3 ๐ฅ๐ฉ๐ฆ
@melonweb3
Niceee well seen 30 $degen
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