AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
The Chain of Checks in a DAO
In a DAO you're really incentivized to attempt to allocate resources to yourself or to your family or your associates or whatever. The damage you could cost would be quite severe for the amount of money that it requires to trigger an emergency shutdown currently so that by itself requires sort of its own new set of very advanced processes. "The vision is that what that enables the system to do is to just sort of maintain itself within all of these checks and balances there's just no way for the system to fall severely out of balance," he says.