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As a newcomer in the blockchain platforms, Ethereum has been doing great in the cryptocurrency . Ehtereum platform utilizes the freedom for users to develop their own programs and aps in the context of a decentralized and open blockchain platform which results into more autonomy and influence.
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Yes, Ethereum does use DAO(Decentralized Autonomous Organization), which is the most complex form of a smart contract, where the bylaws of the decentralized organization are embedded into the code of the smart contract-using complex token governance rules.
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