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I read through the whole thing, and honestly, that whole thing seemed really straightforward. What would you see the issue as?
by nekopa 10y ago
I read through the whole thing, and honestly, that whole thing seemed really straightforward.
What would you see the issue as?
- andrewfromx 10y agoI guess I'm a DAO novice, but when I heard about an org with 150 million and it's NOT a deleware company, I wonder how the power dynamic changes when things go wrong. The company in that pdf had a huge disagreement over who was running that company. Board members were forced out. New CEO placed in. In DOA what takes the place of the deleware court when there is this type of fight?
- DennisP 10y agoFor TheDAO itself, there's no possibility of such a dispute or resolution. There's a little bit of code that runs everything, and what it does can't be overridden. With this particular code, you get a vote in proportion to how many shares you own. The companies employed by TheDAO will resolve things like any other company.
- andrewfromx 10y agothis explains it well: https://news.ycombinator.com/item?id=11787475 https://news.ycombinator.com/item?id=11787475