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DAO developers believe that they can eliminate human manipulation or error from how companies work. This way, decisions are geared towards profitability alone.
Decentralized Autonomous Organizations (DAOs) are a utopian idea. Today’s organizations - corporations, government agencies, and non-profit organizations - have a jurisdiction. DAOs are everywhere and nowhere. Today’s organizations embrace hierarchy and have governing boards and managers. DAOs are flat and they make decisions either by number of votes from token-holders (participatory DAOs) or by the rules of the code itself (algorithmic DAOs). Today’s organizations require people to routinely conduct legally-required functions, such as paying employees or buying insurance. DAO users and counter-parties are compensated automatically through smart contracts.
Quadratic Voting is a method of collective decision-making in which a participant votes not just for or against an issue, but also expresses how strongly they feel about it. It can help protect the interests of small groups of voters that care deeply about particular issues. Quadratic Voting can be used in democratic institutions, in corporate governance, and blockchain-enabled collective decision-making.
The major issue arising from the current voting consensus at DAOs is the uneven distribution of voting power. But, there's a better way to optimize voting
Recently, one of our Site Reliability Engineers (SRE) noticed a workload running in our cluster which he hasn’t seen before. The workload was consuming some resources and the SRE wanted to apply some updates to the cluster but was not sure who owns the workload, and doesn’t know if his updates would have an impact on it or not.
iZUMi Finance, a protocol that enables programmable liquidity mining on Uniswap V3, has announced the introduction of its decentralized autonomous organization.
Security is a product feature, and everyone involved in the DevOps workflow is responsible for it. Here are some key measures to ensure greater security.
In 2019, the value of U.S. venture capital investments was $108 billion. In the same year, the federal government spent $131 billion on research and development.
Blockchain is secure, trusted, and transparent, making it an ideal technology for governance. This article explores how governments can adopt Blockchain.
We must conceive of a new kind of group consciousness, something alternative to corporate consciousness, that is capable of production on a large scale.
Model quality is dependent on minimizing the model error over the training dataset and maximizing model confidence over unknown samples to prevent overfitting.
While regarding how to form a DAC, people are too optimistic or ideal. It seems DAC will start from scratch by itself when connecting people (it's definitely not, remember the Guild that the Mandalorian has joined, it is a typical DAC, you can see how complicated it is), no clear path was given or discussed so far. DAC would be the mainstream value creation entity in the Value Internet Era.
One of the big debates in the Genesis DAO started by DAOstack was the question of anonymity. Should people be able to make proposals and ask for budgets without providing a real identity?
If democracy were equivalent to voting, we wouldn’t need separate words to describe them. Unfortunately, when it comes to DAOs, too often, the focus is on the voting mechanisms, with an assumption that “anyone can propose anything” is both fair and sufficient. Some DAOs are very successful with this methodology, but it doesn’t scale well, nor does it account for the variety in the types of decisions that an organization makes.
There is a lot of complexity in the world of open source, yet there is also surprising commonality among governance approaches and commercialization strategies
I envision that the future of Internet, Cyber Laws, Info Security & Governance will be very closely based on these ideas…Information Engineering Principles
Everyone knows that forking is risky, expensive, and potential destructive. But none of those problems are the real reason I'm obsessed with #nofork problems.
Looking at today’s Internet, it is easy to wonder: whatever happened to the dream that it would be good for democracy? Well, looking past the scandals of big social media and scary plays of autocracy’s hackers, I think there’s still room for hope. The web remains full of small experiments in self-governance. It’s still happening, quietly maybe, but at such a tremendous scale that we have a chance, not only to revive the founding dream of the web, but to bring modern scientific methods to basic millenia-old questions about self-governance, and how it works.
Which confusingly, is old Colony. Colony of the Whitepaper. Colony as advertised. Colony as it always should have been
[44. Will Covid-19 Spur Innovation:
4 Insights for Entrepreneurs](https://hackernoon.com/will-covid-19-spur-innovation-4-insights-for-entrepreneurs-us8j3yj5)
The coronavirus pandemic has been life changing for all of us. National lockdowns, quarantines, the #stayathome campaign, remote work, interrupted travel plans, as well as struggling businesses and economies have accounted for a disruptive start to 2020. One industry that has been put to the test in the time of pandemic is healthcare.
Can we even effectively regulate a global network of computers upon which these contracts are executed? My gut reaction is this will be very difficult.
This article talks about compliance by design in a blockchain ecosystem focusing on Zk-protocol and the development of smart contracts using rust language.
Many countries develop their own E-Government systems nowadays. Experts define several stages of E-Government services development. In the article, we explain how the final level of E-gov services development should work so that its outcomes provide citizens with the maximum possible value.
Friendshoring advocates are outsourcing to allied nations. But is the friendshoring zone a boon or bane to the global economy & supply chains? Let's find out.
The last few weeks have seen some major failures in the area of DAO and distributed governance. They’ve also marked a revival of energy for DAO technology, with new initiatives that seem to pick up where the failures left a gap.
One of the big debates in the Genesis DAO started by DAOstack was the question of anonymity. Should people be able to make proposals and ask for budgets without providing a real identity?
Since the last two years, a significant upsurge has taken place in the Defi space. Gone are the days where you had limited options for what you can do with your crypto.
A new framing of the 7 DisCO (Distributed Cooperative Organization) principles with practical examples and an introduction our pilot projects, the DisCO LABS
