What does gucs mean (what does gucol mean)?
What does gucs mean? According to cryptoglobe.news, gucs is about understanding
What does gucs mean? According to cryptoglobe.news, gucs is about understanding what guCS and GUC are. GuCN is a decentralized autonomous organization (DAO) based on the Bitcoin blockchain and Ethereum. It aims to solve the problem of information islands currently facing the Internet and allows anyone to freely publish content.
According to the introduction, the term “governance” refers to determining whether a project succeeds or fails through voting, and the more votes a project receives, the more time it has to make decisions.
What does gucol mean
What is gucol? It is a decentralized protocol based on Ethereum, jointly developed by ConsenSys and Parity Technologies. Its vision is to connect the Internet to an open network, allowing users to create, manage their own data, assets, and other services. In this case, “control” is given to people’s power over the network – they can decide whether the blockchain becomes an optional application by accessing various applications or tools.
According to their website introduction, GUCol is a data structure used to manage and verify encrypted transactions. It uses smart contract technology to protect private keys from hackers. This allows anyone to have their own digital identity and self-authorize it. (Bitcoin.com)
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