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The first DAO iteration got promptly hacked and drained of funds. That's all you need to know about such ideas where "code is law". https://www.coindesk.com/un
by foepys 5y ago
The first DAO iteration got promptly hacked and drained of funds. That's all you need to know about such ideas where "code is law".
https://www.coindesk.com/understanding-dao-hack-journalists https://www.coindesk.com/understanding-dao-hack-journalists
- vel0city 5y agoNot only that but then convinced the majority of the network to rewrite the transactions and alter history!