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Your textbook discusses the issue with the Decentralized Automation Organization (DA0). What did Ethereum do to...

Your textbook discusses the issue with the Decentralized Automation Organization (DA0). What did Ethereum do to solve the issue and what could possibly be the adverse impact of that action?

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Answer #1

Ethereum helps all transactions to get decentralised and immutable aand thus cannot be modified once written on Blockchain.

It solves issues of fraud detection and malware attacks and multiple usecases by maintaining distributed ledger which is cryptographically secured and has 3 times more nodes than Blockchain and thus ensures transparency of transactions, removes redundant costs amd lowers turnaround time to retrieve and importantly elimination of ambiguous data and thus giving highest security standards.

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