CTO of blockchain protocol EOS Dan Larimer has proposed rehauling the project’s constitution to limit arbitrators’ powers only to cases where there is a “code-i...
DAO News
A DAO, or Decentralized Autonomous Organization, is an idea for a firm that is ruled with enforced digital rules and without hierarchical management. DAO as an idea is very close to Bitcoin in its attempt to get rid of all middlemen in transactions.
The most important attempt to create DAO is “The DAO”--a machine-operating venture organization launched in 2016. The basic idea for an interested person was to put money into the system and then get an amount of votes used for elections of ideas worth investing in. Even the biggest critics of DAOs were in love with the idea, but they also found a lot of flaws and security holes in “The DAO”. Although the project failed within a couple of months because of the hack which resulted into hackers gaining control over 3.6 million Ether, it was a big success as a first product of sorts, gathering money from more than 10,000 users. It is likely that we will hear some DAO news soon.
- News
- News
Ethereum Classic claims a successful network upgrade has been implemented at block 5,900,000 to ensure that mining will stay viable in future.
- News
PBoC’s Institute of Digital Currency director sees Blockchain as potentially widely implemented if its governance mechanisms are changed towards centralization.
- News
The EIP-999 proposal to restore the 513,774 ETH frozen in the Parity multi-sig library since last fall has been rejected.
- Analytics
ICOs’ move towards security tokens puts them in the regulatory firing line, but it can often be avoided
- News
Ethereum Improvement Proposal #867 has been closed and then reopened for discussion, with Github users posting negative opinions about it.
- News
Ethereum code editor Yoichi Hirai has left his position due to personal concerns over legality of a drafted proposal for a standardized solution for lost fund r...
- Explained
More secure ICO model suggested by Vitalik Buterin. See how it works.
- Explained
by Andrew Tar
Let’s dive into how those two differ (or not).
- Sponsored
by Guest Author
PlayMarket serves as a one-stop shop for an app and ICO launch.
- Exclusive
by Cyril Gilson
“The distributed ledger and the homomorphic encryption are sort of critical technologies for realizing the vision of a DAO of AIs”: AI visionary Ben Goertzel.
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by Jon Buck
SEC to host Blockchain advisory panel for investors, consider ramifications of the technology.
- News
Protostarr, a company that wanted to let Youtubers and Twitch Casters to receive funding from fans and investors had to shut down its ICO due to SEC contacting ...
- Brief
by Guest Author
Is it possible to stop crypto scams?
- Food for Thought
Many people still see cryptocurrencies as a somewhat shady market and often associate cryptocurrencies to online drug dealing and other illegal activities.
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