Decentralized Autonomous Organization (DAO)
A decentralized autonomous organization (DAO) is an emerging legal structure with no central governing body whose members share a common goal to act in the entity’s best interest. Popularized through…
Gold Standard: Definition, How It Works, and Example
What Is the Gold Standard? The gold standard is a fixed monetary regime under which the government’s currency is set and may be freely converted into gold. It can also…
What Is a Bitcoin Exchange? How It Works, Fees, and Example
What Is a Bitcoin Exchange? A bitcoin exchange is a digital marketplace where traders can buy and sell bitcoins using different fiat currencies or altcoins. A Bitcoin currency exchange is…