2min chapter

Crypto Critics' Corner cover image

The Complex History and Weird Transition of DAOs (Decentralized Autonomous Organizations)

Crypto Critics' Corner

CHAPTER

Introduction

cass pancy: Today we're going to be talking about decentralized autonomous organizations. They are known on the twitter sphere and on line as dos. Let's start with the first doo, the original ethereum de centralized autonomous organization from years ago. There were some bugs in the smart contract code that governed the dao which resulted in a huge number of etherium being apped at risk. So is law, but the law is broken. Is is the classic example of what happened for that first dow rightye an, in many respects.

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