DMD Diamond Launches DAO Proposal Feature as Part of Open Beta for DMDv4 Blockchain
DMD Diamond, the world’s first blockchain with the Honey Badger BFT cooperative consensus algorithm and full support of EVM, has announced the launch of the DAO proposal feature as part of the new DMDv4 blockchain’s open beta. This move is aimed at engaging the community and developers in testing the functionality of decentralized autonomous organizations (DAOs) and strengthening user participation in the further evolution of the platform.
The DMDv4 version, which was recently introduced, includes several innovative features that allow users to vote for changes and improvements to the project and directly influence its development. The DAO proposal will be a key element of this new version, enabling the community to propose ideas that can be implemented in the future.
According to Helmut Siedl, a blockchain visionary at DMD Diamond, “We understand that the ability of the community to influence decision-making is the basis of decentralization. With the DAO proposal, we want to create a transparent and inclusive process in which every vote counts. This will significantly strengthen the connection between the project and its community.”
During the Open Beta, users will have access to the DMDv4 platform and will be able to create their own proposals. They will also be able to participate in voting to select the most popular ideas for implementation. This not only improves user interaction but also helps create a more relevant and innovative product.
Interested developers and users are invited to test the new DAO proposal feature and provide feedback and suggestions. This will help create a platform that meets the expectations of the decentralized community.
To learn more about the DAO proposal feature, visit Github. To join the Open Beta, please visit Discord.
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Derick is an experienced reporter having held multiple senior roles for large publishers across Europe. Specialist subjects include small business and financial emerging markets.