4 ms·

They don't even mention a single thing about crypto?

by slbtty 4y ago

remram 4y ago
They mention "a decentralized autonomous organization" which is a blockchain invention (a "smart contract" thingie): https://en.wikipedia.org/wiki/Decentralized_autonomous_organization https://en.wikipedia.org/wiki/Decentralized_autonomous_organ...
- leppr 4y ago
  The term DAO as it's used now is orthogonal to blockchain and crypto. It's mostly a term to describe codified governance/community systems. There may be point systems implemented via crypto tokens, but in the vast majority of cases those would be better implemented on centralized ledgers since there's someone with centralized control over either the token issuance, the communication channels, or other essential resources. If they were developed now, Stack Overflow and Wikipedia would be considered DAOs.
  - stonogo 4y ago
    That would just indicate the term 'DAO' doesn't mean anything at all. I'm unable to find an actual example of anything calling itself a DAO which doesn't also play with cryptocurrency tokens, so I'm pretty sure the term isn't used outside of that fanbase.
  - bongobingo1 4y ago
    The term crypto as it's used now is orthogonal to crypto. ducks
  - WorldMaker 4y ago
    Stack Overflow was developed as (and is still operated as) a for-profit/profit-motivated Corporation (Stack Exchange Inc.). No one considers it a DAO in any form, especially not the "autonomous" part. Unless you mean the gamified community elements, but you can't really call that an "organization" either because it's entirely disorganized (and sometimes highly dysfunctional) beyond the game mechanics and more importantly extremely centralized to Stack Overflow's servers. Wikipedia is run as a not-for-profit Foundation (Wikimedia Foundation). It doesn't seem anything like DAO either. Again, unless you mean the community of contributors to Wikipedia, and that also is extremely centralized to Wikipedia servers and doesn't have anything resembling "autonomous", not even something resembling Stack Overflow's game mechanics. The "autonomous" in DAO still only means "smart contracts" and no one is using DAO as a term for traditional corporate structures other than those intentionally confused by or wishing to confuse what "autonomous" means in the acronym.
- ddevault 4y ago
  One of the sponsors listed on their home page is also blockchain-related.
la_fayette 4y ago
DAO
weikju 4y ago
shows how much the term "decentralized" got hijacked by scams... Or well.. DAO. Likely means blockchain bs.
2pEXgD0fZ5cF 4y ago
> we are experimenting with creating a decentralized autonomous organization where contributors would receive benefits based on their participation Also in their footer: > Sponsored by INBlockchain, Equinix Metal, Two Sigma, SoEBeS, Allspice, Towhee, Hostea, Jeff Moe, and all of our backers on Open Collective.

They don't even mention a single thing about crypto?

by slbtty 4y ago

They don't even mention a single thing about crypto?

They mention "a decentralized autonomous organization" which is a blockchain invention (a "smart contract" thingie): https://en.wikipedia.org/wiki/Decentralized_autonomous_organization https://en.wikipedia.org/wiki/Decentralized_autonomous_organ...

leppr 4y ago
The term DAO as it's used now is orthogonal to blockchain and crypto. It's mostly a term to describe codified governance/community systems. There may be point systems implemented via crypto tokens, but in the vast majority of cases those would be better implemented on centralized ledgers since there's someone with centralized control over either the token issuance, the communication channels, or other essential resources. If they were developed now, Stack Overflow and Wikipedia would be considered DAOs.
- stonogo 4y ago
  That would just indicate the term 'DAO' doesn't mean anything at all. I'm unable to find an actual example of anything calling itself a DAO which doesn't also play with cryptocurrency tokens, so I'm pretty sure the term isn't used outside of that fanbase.
- bongobingo1 4y ago
  The term crypto as it's used now is orthogonal to crypto. ducks
- WorldMaker 4y ago
  Stack Overflow was developed as (and is still operated as) a for-profit/profit-motivated Corporation (Stack Exchange Inc.). No one considers it a DAO in any form, especially not the "autonomous" part. Unless you mean the gamified community elements, but you can't really call that an "organization" either because it's entirely disorganized (and sometimes highly dysfunctional) beyond the game mechanics and more importantly extremely centralized to Stack Overflow's servers. Wikipedia is run as a not-for-profit Foundation (Wikimedia Foundation). It doesn't seem anything like DAO either. Again, unless you mean the community of contributors to Wikipedia, and that also is extremely centralized to Wikipedia servers and doesn't have anything resembling "autonomous", not even something resembling Stack Overflow's game mechanics. The "autonomous" in DAO still only means "smart contracts" and no one is using DAO as a term for traditional corporate structures other than those intentionally confused by or wishing to confuse what "autonomous" means in the acronym.
ddevault 4y ago
One of the sponsors listed on their home page is also blockchain-related.

la_fayette 4y ago

DAO

weikju 4y ago

shows how much the term "decentralized" got hijacked by scams... Or well.. DAO. Likely means blockchain bs.

2pEXgD0fZ5cF 4y ago

> we are experimenting with creating a decentralized autonomous organization where contributors would receive benefits based on their participation Also in their footer: > Sponsored by INBlockchain, Equinix Metal, Two Sigma, SoEBeS, Allspice, Towhee, Hostea, Jeff Moe, and all of our backers on Open Collective.