Using blockchain technology apart from its original application, cryptocurrency, isn’t news any longer. Numerous projects around the globe come up with new ideas as to how distributed ledger technology may be applicable beyond just transacting values. Even though most experts agree that the novelty is at premature phase as yet, those projects that have already […]
A vulnerability in the implementation of Ethereum protocol by some developers has resulted in a need for fixing the DAO. The first decentralized venture foundation owns around $165 million accumulated during the recently closed crowdsale campaign.
May 28, the crowdsale of The DAO, an ambitious project for decentralized trust management on the blockchain of Ethereum, has closed.
This weekend, Germany-based blockchain company Slock.it has announced it successfully launched DAO via its decentralized trust fund. Current price of the DAO’s 100 tokens 1 ETH. “A DAO, or Decentralized Autonomous Organization, is a digital company with its by-laws set immutably within the Blockchain: its governance is transparent, its finances can be audited by anyone, […]
The Ethereum company Slock.it prepares to launch a decentralized autonomous organization (DAO) as a new type of corporate funding and management. The Germany-based company develops Ethereum-based software for smart locks, dubbed “slocks”, thus connecting shareable items and the Internet of Things to blockchain ecosystem. In an interview to ForkLog (FL) Stephan Tual, Co-founder and CTO […]