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324 | 324 | "h005-c-label": "Eth1",
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325 | 325 | "h005-c-explanation": "Eth1 was the original name given to the execution layer, not the consensus layer.",
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326 | 326 | "h005-d-label": "Staking",
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327 |
| - "h005-d-explanation": "Staking is depositing ETH into a smart contract to help secure the chain." |
| 327 | + "h005-d-explanation": "Staking is depositing ETH into a smart contract to help secure the chain.", |
| 328 | + "i001-prompt": "What is true about DAOs?", |
| 329 | + "i001-a-label": "DAOs are collectively owned via governance tokens", |
| 330 | + "i001-a-explanation": "DAOs are collectively owned, but that’s not the only correct statement.", |
| 331 | + "i001-b-label": "They are governed by their members", |
| 332 | + "i001-b-explanation": "DAOs are governed by their members, but that’s not the only correct statement.", |
| 333 | + "i001-c-label": "They are working towards a shared mission", |
| 334 | + "i001-c-explanation": "DAOs are working towards a shared mission, but that’s not the only correct statement.", |
| 335 | + "i001-d-label": "All of the above", |
| 336 | + "i001-d-explanation": "Correct, a DAO is a collectively-owned, blockchain-governed organization working towards a shared mission.", |
| 337 | + "i002-prompt": "What are practical examples of how to use a DAO?", |
| 338 | + "i002-a-label": "Decentralized protocols, members vote on the matters of the protocol or how to develop the product", |
| 339 | + "i002-a-explanation": "Protocol DAOs are one example, but DAOs are not limited to that.", |
| 340 | + "i002-b-label": "Collective ownership, e.g., for NFTs or physical assets", |
| 341 | + "i002-b-explanation": "Collector DAOs are one example, but DAOs are not limited to that.", |
| 342 | + "i002-c-label": "Ventures and grants, pool capital and vote on projects to fund", |
| 343 | + "i002-c-explanation": "Venture or grants DAOs are one example, but DAOs are not limited to that.", |
| 344 | + "i002-d-label": "All of the above", |
| 345 | + "i002-d-explanation": "A DAO can have a multitude of 'missions'. Check out the resources to find practical examples.", |
| 346 | + "i003-prompt": "Unlike traditional organizations, DAOs are…", |
| 347 | + "i003-a-label": "Usually hierarchical", |
| 348 | + "i003-a-explanation": "DAOs are usually flat, and fully democratized.", |
| 349 | + "i003-b-label": "Transparent and fully public about their activities", |
| 350 | + "i003-b-explanation": "Thanks to on-chain voting, decisions are transparent on the blockchain. Discussions and other elements of the decision-making process are usually open as well.", |
| 351 | + "i003-c-label": "Controlled by a central party", |
| 352 | + "i003-c-explanation": "Changes require voting by the members. Services offered are handled automatically in a decentralized manner.", |
| 353 | + "i003-d-label": "Restricted regarding who can suggest changes", |
| 354 | + "i003-d-explanation": "Usually, every DAO member can suggest changes.", |
| 355 | + "i004-prompt": "What is essential about Smart Contracts for DAOs?", |
| 356 | + "i004-a-label": "The Smart Contract code can be modified", |
| 357 | + "i004-a-explanation": "Once the contract is live on Ethereum, no one can change the rules except by a vote. This allows the DAO to run by the rules it was programmed with.", |
| 358 | + "i004-b-label": "One DAO member gets the right to spend money from the treasury", |
| 359 | + "i004-b-explanation": "The treasury is defined by the smart contract. To spend money, the group's approval is needed.", |
| 360 | + "i004-c-label": "Trust in the underlying blockchain due to a distributed consensus", |
| 361 | + "i004-c-explanation": "It’s important for a DAO that the underlying blockchain cannot be manipulated. Ethereum’s own consensus is distributed and established enough for organizations to trust the network.", |
| 362 | + "i004-d-label": "DAOs don’t need Smart Contracts", |
| 363 | + "i004-d-explanation": "The backbone of a DAO is its smart contract, which defines the rules of the organization and holds the group's treasury.", |
| 364 | + "i005-prompt": "What is not a mechanism to govern a DAO?", |
| 365 | + "i005-a-label": "Token-based membership", |
| 366 | + "i005-a-explanation": "Token-based governance is very widely used. It’s usually fully permissionless and is typically used to govern broad decentralized protocols and/or tokens themselves.", |
| 367 | + "i005-b-label": "Share-based membership", |
| 368 | + "i005-b-explanation": "Share-based DAOs are more permissioned but still quite open. Any prospective member can submit a proposal to join the DAO, usually offering a tribute of some value in the form of tokens or work.", |
| 369 | + "i005-c-label": "Reputation-based membership", |
| 370 | + "i005-c-explanation": "Unlike token or share-based membership, reputation-based DAOs don't transfer ownership to contributors. DAO members must earn reputation through participation.", |
| 371 | + "i005-d-label": "Residency-based membership", |
| 372 | + "i005-d-explanation": "There are a lot of possible governance mechanisms in DAOs, but residency is not a criterion. On the contrary, DAOs are characterized by their global nature." |
328 | 373 | }
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