dido:public:ra:xapend:xapend.a_glossary:d:dao
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dido:public:ra:xapend:xapend.a_glossary:d:dao [2022/02/03 11:32] nick created |
dido:public:ra:xapend:xapend.a_glossary:d:dao [2022/02/03 11:33] (current) nick |
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| A **Decentralized Autonomous Organization (DAO)** is an entity operated by rules encoded as a computer program, termed smart contract, that is transparent, controlled by shareholders and not influenced by a central government. All DAO’s financial transaction records and program rules are maintained on a blockchain. | A **Decentralized Autonomous Organization (DAO)** is an entity operated by rules encoded as a computer program, termed smart contract, that is transparent, controlled by shareholders and not influenced by a central government. All DAO’s financial transaction records and program rules are maintained on a blockchain. | ||
| - | The DAO project is just such a decentralized autonomous organization and was meant to operate like a venture capital fund for the crypto and decentralized space. The project was launched in May 2016 and its smart contract | + | [[dido:public:ra:xapend:xapend.a_glossary:t:the_dao]] is just such a **Decentralized Autonomous Organization** and was meant to operate like a venture capital fund for the crypto and decentralized space. The project was launched in May 2016 and its smart contract |
| Source: [[https://medium.com/@zhongqiangc/smart-contract-reentrancy-thedao-f2da1d25180c ]] | Source: [[https://medium.com/@zhongqiangc/smart-contract-reentrancy-thedao-f2da1d25180c ]] | ||
dido/public/ra/xapend/xapend.a_glossary/d/dao.1643905935.txt.gz · Last modified: 2022/02/03 11:32 by nick
