Well, a DAO is a kind of formalized, cryptographically secure everyone-gets-a-share corporation, so it’s not much different. But you actually gave me very good ideas, thanks.
Well, a DAO is a kind of formalized, cryptographically secure everyone-gets-a-share corporation, so it’s not much different.
Not really given the DAO that we have seen.
There no cryptographically secure mechanism to give everybody a share with common definition of what cryptographically secure means. Sockpuppeting can’t be solved with cryptography.
Very well, “secure” in cryptography just means “robust”. I was not implying that it is impossible to hack, and since the DAO we are speaking about doesn’t even exists, it doesn’t make sense to discuss about its pro’s and con’s.
Very well, “secure” in cryptography just means “robust”.
No. Secure in cryptography generally means the ability to make security guarantees. Trust in identity is still required.
There’s also no reason why a DAO that destributes money to random people won’t be outcompeted by one that reinvest all resources in furthering it’s own goals.
Well, a DAO is a kind of formalized, cryptographically secure everyone-gets-a-share corporation, so it’s not much different.
But you actually gave me very good ideas, thanks.
Not really given the DAO that we have seen.
There no cryptographically secure mechanism to give everybody a share with common definition of what cryptographically secure means. Sockpuppeting can’t be solved with cryptography.
Very well, “secure” in cryptography just means “robust”. I was not implying that it is impossible to hack, and since the DAO we are speaking about doesn’t even exists, it doesn’t make sense to discuss about its pro’s and con’s.
No. Secure in cryptography generally means the ability to make security guarantees. Trust in identity is still required.
There’s also no reason why a DAO that destributes money to random people won’t be outcompeted by one that reinvest all resources in furthering it’s own goals.