Difference between revisions of "Decentralized Autonomous Organization (DAO)"

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* '''Wikipedia''' : [https://en.wikipedia.org/wiki/Decentralized_autonomous_organization Decentralized autonomous organization] ''Retrieved in 2/28/2019''
 
* '''Wikipedia''' : [https://en.wikipedia.org/wiki/Decentralized_autonomous_organization Decentralized autonomous organization] ''Retrieved in 2/28/2019''
* '''Coindesk''' : [https://www.coindesk.com/information/what-is-a-dao-ethereum/ What is a DAO?] ''Written by Alissa Hertig, retrieved in 2/28/2019''
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* '''Coindesk''' : [https://www.coindesk.com/information/what-is-a-dao-ethereum/ What is a DAO?] ''Written by Alyssa Hertig, retrieved in 2/28/2019''
 
* '''Coinfox''' : [http://www.coinfox.info/news/reviews/5987-why-steemit-did-not-become-the-dao-2 Why Steemit did not become The DAO 2] ''Written by Diana Bogdan, published in 7/23/2016''
 
* '''Coinfox''' : [http://www.coinfox.info/news/reviews/5987-why-steemit-did-not-become-the-dao-2 Why Steemit did not become The DAO 2] ''Written by Diana Bogdan, published in 7/23/2016''
  

Revision as of 18:08, 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).

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