What’s the Deal with Decentralized Autonomous Organizations?
Deep Background with Noah Feldman
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Cryptocurrency - What Are the Agreements That Turn a Doo Into a DOO?
The key difference here is that, instead of being paper contracts written in english, signed by humans and enforced by the state, these are contracts written in code. There's no central entity, whatoever, it's not registered anywhere. And it doesn't use account it doesn't have a jurisdiction. It just exists on the inner net as one or more self executing smart contract sets of code. A terminological question before we dive into the really fascinating, i think, practical and philosophical consequences of this way of doing things, you spoke of it as a treasury atthen. Am i geting that right?
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