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So they settled, interesting! Sad it didn't go to court, could have made a curious precedent. This is different, however (although I haven't done much legal wor
by tucnak 4y ago
So they settled, interesting! Sad it didn't go to court, could have made a curious precedent. This is different, however (although I haven't done much legal work in this space) as it's an investment open source DAO can be structured in a way that does not have clear beneficiary structure and as long as the primary software developer can show that they can't exert ultimate control of the network, it's all for nil. (Now that's a whole different kettle of fish!) You have things like GNU Taler potentially being able to map the existing irl ownership structures quite closely, and all kinds of ZKP, Shamir-based stuff on the end of the spectrum where it all breaks down. I allude to the latter, which would make sense (technically using a mixer would constitute money laundering in the spirit of the law but we don't see people get charged with it, never. And doing so would set a disturbing precedent. If you're starting with some primary shareholder, you're probably doing DAO wrong, and it then becomes less decentralised and more like crypto cosplay on the prior structure.