Difference between revisions of "Decentralized Autonomous Organization (DAO)"
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Vitkolesnik (talk | contribs) (Created page with "A decentralized autonomous organization (DAO) is an organization that is governed by rules encoded as computer programs called smart contracts maintained on a blockchain. It e...") |
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Some DAOs have already been launched on the Ethereum platform. In particular, “The DAO” is the name of a DAO launched by the team behind Slock.it startup and failed due to a smart contract attack. | Some DAOs have already been launched on the Ethereum platform. In particular, “The DAO” is the name of a DAO launched by the team behind Slock.it startup and failed due to a smart contract attack. | ||
− | == | + | == Links == |
* [https://en.wikipedia.org/wiki/Decentralized_autonomous_organization Wikipedia] | * [https://en.wikipedia.org/wiki/Decentralized_autonomous_organization Wikipedia] | ||
* [https://www.coindesk.com/information/what-is-a-dao-ethereum/ Coindesk.com] | * [https://www.coindesk.com/information/what-is-a-dao-ethereum/ Coindesk.com] |
Revision as of 07:49, 29 November 2017
A decentralized autonomous organization (DAO) is an organization that is governed by rules encoded as computer programs called smart contracts maintained on a blockchain. It eliminates the need for documents and people in governing.
Some DAOs have already been launched on the Ethereum platform. In particular, “The DAO” is the name of a DAO launched by the team behind Slock.it startup and failed due to a smart contract attack.