The DAO Hub is now live

Posted by jhildings on Saturday April 30, 2016 @08:25AM
from the daohub.org dept.

( 3 comments | 8 points | on HN )

Re:The DAO Hub is now live by th0br0 on Saturday April 30, 2016 @10:17AM (#11601770)

So many buzzwords. What is a DAO?

[ Parent | on HN ]

Re:The DAO Hub is now live by extra88 on Saturday April 30, 2016 @11:41AM (#11602123)

Eventually I found on the page "decentralized autonomous organization." Cryptocurrency seems important somehow ¯\_(ツ)_/¯

[ Parent | on HN ]

Re:The DAO Hub is now live by cjbprime on Saturday April 30, 2016 @03:17PM (#11603097)

A business whose by-laws are encoded in an algorithm that runs autonomously, and is published. I think the algorithm says that people can submit proposals (i.e. "send X money to Y") and they'll be voted on by all members, and if the vote passes then the algorithm itself performs the action. There's no-one in charge outside of the emergent behavior of the member votes.

[ Parent | on HN ]