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Decentralized Autonomous Organizations are a new concept of companies which are managed by programs, instead of people. In DAOs the rules, according to which the company runs, are expressed in the form of smart contracts (self-governing software), and then enforced automatically, without human input. This allows for several important advantages, such as 24/7 operation, the lower impact of corruption on decisions, increased transparency and so on. However, DAOs can also be more susceptible to hacker attacks, given how difficult it is to change the governing code after the system is launched.
Let’s dive into how those two differ (or not).
PlayMarket serves as a one-stop shop for an app and ICO launch.
“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.
SEC to host Blockchain advisory panel for investors, consider ramifications of the technology.
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 ...
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.
The Cointelegraph provides a quick overview of the most popular token utilities.
Singapore has followed the US in advising it will track ICO tokens as they come, rather than consider blanket rules.
Some welcome the ruling, while others are still on the fence on how this affects the future of ICOs.
Key Takeaways from SEC DAO Report
SEC’s recent decision to regulate ICOs was warmly accepted by CDC saying they were not surpr...
It is clear that sales into the US must be conducted pursuant to US securities laws.Keywords: SEC, ICO, the DAO, Bitcoin.
What does the SEC decision really mean for the industry?
Bitcoin prices appear to be regrouping higher as commentators suggest news is less of an influence. ...
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