Difference between revisions of "Decentralized Autonomous Organization (DAO)"
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Revision as of 18:04, 28 February 2019
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.
Dan Larimer is attributed with inventing a similar concept of decentralized autonomous corporation (DAC).
Links
- Wetonomy : http://wetonomy.com Work with wich other not for another. Retrieved in 2/28/2019
- @coster : https://steemit.com/@coster RocketICO. The world's first online startup accelerator based on the principles of Decentralized Autonomous Organization. Joined November 2017, last updated in 11/15/2017
- @dakotakaiser : The Earth Nation Planetary Alliance of Decentralized Autonomous Organizations Revolutionizing Governance and Resource Distribution on Planet Earth. (News + Video) November 11, 2017
Related articles
External Links
- Wikipedia : Decentralized autonomous organization Retrieved in 2/28/2019
- Coindesk : What is a DAO? Written by Alissa Hertig, retrieved in 2/28/2019
- Coinfox : Why Steemit did not become The DAO 2 Written by Diana Bogdan, published in 7/23/2016
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