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So. the intent of the DAO was _not_ specified in the code unlike claimed by all the hype. If I was a potential investor, I would be extremely curious to find ou
by beefield 10y ago
So. the intent of the DAO was _not_ specified in the code unlike claimed by all the hype. If I was a potential investor, I would be extremely curious to find out where the intent of DAO nowadays _is_ defined.
- nullc 10y agoThe website says: (https://daohub.org/explainer.html https://daohub.org/explainer.html) By Creating DAO tokens through interaction with The DAO’s smart contract code, you expressly agree to all of the terms and conditions set forth in that code. If you do not understand or do not agree to those terms, you should not Create DAO tokens. [...] The DAO’s smart contract code governs the Creation of DAO tokens and supercede any public statements about The DAO’s Creation made by third parties or individuals associated with The DAO, past, present and future. The software code currently available at https://github.com/slockit/dao https://github.com/slockit/dao is the sole source for the terms under which DAO tokens may be created
- beefield 10y ago> you expressly agree to all of the terms and conditions set forth in that code. If you do not understand or do not agree to those terms, you should not Create DAO tokens. Now it seems to me that there are plenty of people who have neither understood nor agreed with the terms and conditions, and explicitly decided that the code was not the intent of the DAO. So, the question remains, what is the intent of the DAO? If the old code was not the intent, we have no reason to believe that any of the future versions would be either.
- jonnycowboy 10y agoSeems like a good way to start a lawsuit...
- dragonwriter 10y agoOr, the hard fork is a classic breach or contract, made difficult to remedy by the nature of the platform.