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Title: What we can learn from The DAO disaster? Post by: tuapoma on June 21, 2016, 08:20:44 PM In my opinion, with DAO and ethereum we can learn that only mass advertising is already able to encourage crowds without knowledge invest crazily. But I never liked ether, working with a coin with an endless inflation is a scheduled disaster, however I did not expect this surprise bomb called DAO.
to remember and never forget, With all the talk about The DAO, people seem to have forgotten — or simply don’t know — The cryptocurrency called DASH has been providing DAO-like services for a couple of years. 2016/06/01: http://bitcoinist.net/dash-original-dao/ DASH, the first private digital currency, is also the first Decentralized Autonomous Organization. 2015/09/12: http://cointelegraph.com/news/dash-the-first-decentralized-autonomous-organization Title: Re: What we can learn from The DAO disaster? Post by: Minecache on June 21, 2016, 08:32:48 PM In my opinion, with DAO and ethereum we can learn that only mass advertising is already able to encourage crowds without knowledge invest crazily. But I never liked ether, working with a coin with an endless inflation is a scheduled disaster, however I did not expect this surprise bomb called DAO. You do realise that coins with inflation promote people to use and spend them not hoard them?? So what's so disastrous about using them for their intent and purpose, to you know transact with them? Anyway ETH isn't a competitor to BTC. It's supposed to be a fuel for smart contracts. When will you Spoetniktards finally realise this? to remember and never forget, With all the talk about The DAO, people seem to have forgotten — or simply don’t know — The cryptocurrency called DASH has been providing DAO-like services for a couple of years. 2016/06/01: http://bitcoinist.net/dash-original-dao/ DASH, the first private digital currency, is also the first Decentralized Autonomous Organization. 2015/09/12: http://cointelegraph.com/news/dash-the-first-decentralized-autonomous-organization Title: Re: What we can learn from The DAO disaster? Post by: brekyrself on June 21, 2016, 08:45:35 PM You also realize BitShares has been doing this for awhile now? Shareholders elect committee members that can propose basically any changes. Fee's, block times, etc... Developers can even propose new features, changes, and get paid by the blockchain itself.
Dan basically invented these terms! Title: Re: What we can learn from The DAO disaster? Post by: tuapoma on June 21, 2016, 09:10:26 PM In my opinion, with DAO and ethereum we can learn that only mass advertising is already able to encourage crowds without knowledge invest crazily. But I never liked ether, working with a coin with an endless inflation is a scheduled disaster, however I did not expect this surprise bomb called DAO. You do realise that coins with inflation promote people to use and spend them not hoard them?? So what's so disastrous about using them for their intent and purpose, to you know transact with them? Anyway ETH isn't a competitor to BTC. It's supposed to be a fuel for smart contracts. When will you Spoetniktards finally realise this? to remember and never forget, With all the talk about The DAO, people seem to have forgotten — or simply don’t know — The cryptocurrency called DASH has been providing DAO-like services for a couple of years. 2016/06/01: http://bitcoinist.net/dash-original-dao/ DASH, the first private digital currency, is also the first Decentralized Autonomous Organization. 2015/09/12: http://cointelegraph.com/news/dash-the-first-decentralized-autonomous-organization In my opinion the best way is to never trust in an inflationary currency. I never liked ether, working with a coin with an endless inflation is a scheduled disaster. The DAO bomb was the last straw. However, there is already a better alternative out there, the cryptocurrency called DASH have inflation estimated 22 million coins maximum, with a 7% decrease in the number of coins generated per year. Yes, this is a real cryptocurrency, this is like the gold features. Or better, a real cryptocurrency better than gold. |