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3232DAOs, DApps, and Stacks: A Decentralized Governance System
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Thu, 19 Apr 2018 21:00:22 +0000https://www.digit.info/2018/04/19/daos-dapps-and-stacks-a-decentralized-governance-system/Read more]]>The human body is a decentralized structure made of organs, sub-organs and sub-sub-organs, all the way to the cells, which themselves have their internal structure. The functionality of the body is pretty decentralized and no cell instructs other cells on what to do. Rather, each cell operates autonomously according to inputs it receives from its environment. Now, imagine a company without a CEO or hierarchy. Imagine an organization that can essentially run on its own, without managerial supervision, completely autonomously, as if there were a CEO or managerial structure in place. Scary or brilliant? What Is A ‘Decentralized Autonomous System?’ A ‘decentralized
The human body is a decentralized structure made of organs, sub-organs and sub-sub-organs, all the way to the cells, which themselves have their internal structure. The functionality of the body is pretty decentralized and no cell instructs other cells on what to do. Rather, each cell operates autonomously according to inputs it receives from its environment. Now, imagine a company without a CEO or hierarchy. Imagine an organization that can essentially run on its own, without managerial supervision, completely autonomously, as if there were a CEO or managerial structure in place. Scary or brilliant? What Is A ‘Decentralized Autonomous System?’ A ‘decentralized