What is DAC Coin (Founder of DAC Coin)?
DAC Coin, according to official sources, is a new type of encrypted asset based
DAC Coin, according to official sources, is a new type of encrypted asset based on the DAG blockchain. Compared to Bitcoin, DAC Coin can save a significant amount of electricity and operating time, while also utilizing a Proof of Stake (POS) mechanism where miners earn block rewards through mining.According to reports, “DAC” is a native token issued by the DAC Foundation. This token is sold on the DAC public chain in the form of ERC20. Users can generate income by exchanging, staking, or borrowing. Token holders can participate in future development and plans of the protocol and other activities using this token.Founder of DAC Coin:DAC (Decentralized Autonomous Organization) is an open-source project based on Ethereum. Its core is to create a trustless and transparent data exchange protocol, allowing anyone to share data, privacy information, transaction fees, and all other functions or services without the need for a third party through decentralized smart contracts. The project was founded by David Chaum, the founder of Dacian Capital, in January 2018 and is planned to become a part of the Ethereum ecosystem. (cointelegraphcn)
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