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I haven't read the full thing. But a DAO is still connected to the global Ethereum network and leverages it? Does it have to be?
by kasbah 11y ago
I haven't read the full thing. But a DAO is still connected to the global Ethereum network and leverages it? Does it have to be?
- miscellaneous 11y agoWell if you don't want to be connected to the Ethereum blockchain then you probably should just use a webserver. The advantage of using a blockchain like Ethereum is that it is very secure and very reliable compared to a webserver - also it is perhaps less work maintaining a DAO than a webserver. So if you want to issue tokens for your hackspace, it would be nice if they existed on a public blockchain so that users could trade then and see their balance at any time - no need to worry about server uptime or vulnerabilities.
- jarsin 11y agoA DAO is a smart contract on the blockchain. Note that Microsoft and Redhat make it possible to run a private ethereum chain in the cloud if you really wanted to. But as the other commenter pointed out I don't see the point in that for your use case.