Blockchain legal issues with DAOs
In my first article, I covered the benefits and possible problems that come with joining a decentralized organization. Today I’ll focus on some blockchain legal issues concerning DAOs. Keeping things safe At its core, DAO was designed as an informal group of parties which operates entirely within the algorithm of its code . Theoretically, they […]
What is a DAO, or a decentralized organization?
A Distributed Autonomous Organization (DAO) is a combination of software and social connections. It’s able to act as a decentralized company for the benefits of its members – but no member has a controlling stake in it. My analysis of this phenomenon will be split into two parts. In the first part, we’ll focus on […]
Blockchain immutability: Behind smart contracts
The Ethereum smart contract has taken the world by storm, with its wide adoption for ICOs. Smart contracts are, in essence, computer programs executed in a sandboxed environment, so one that restricts them. That restriction provides special functions and properties: the famous blockchain immutability is one of them. Let’s dive into those. Blockchain immutability As […]
Ethereum gas: how to pay it on behalf of your users
On Ethereum, every transaction that changes the state of a smart contract costs a small fee: this is called gas. Most commonly, end users pay gas while interacting with a smart contract. However, when you’re making a profit on your product by charging some transaction fee or just want to gain many users quickly, you […]
