Raising $150m+ through its toke sale, ‘The DAO’ has become the most notable decentralized application to date. The ambitious goal of the project is to form an decentralized organizations that efficiently makes investment decisions and generates a return for the token holders.

Computer Science professor Emin Gün Sirer and researcher Vlad Zamfir joined us to discuss the various security issues with the daring project and why they’ve called for a temporary moratorium on funding proposals.

Topics covered in this episode:

How the DAO works
What the role of the curators is
What splits are and how they became a way to withdraw funds
Why the DAO has a bias towards approving proposals
How attackers could ‘stalk’ token holders when withdrawing their funds
How the DAO can be upgraded

Episode links:

This episode is hosted by Brian Fabian Crain and Meher Roy. Show notes and listening options: epicenter.tv/134

Emin Gün Sirer & Vlad Zamfir: On a Rocky DAO