Bitcoin Forum
May 26, 2024, 03:50:01 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1] 2 »  All
  Print  
Author Topic: Decentralized and Autonomous?  (Read 1813 times)
Come-from-Beyond (OP)
Legendary
*
Offline Offline

Activity: 2142
Merit: 1009

Newbie


View Profile
March 19, 2015, 02:42:11 PM
 #1

Some time ago I took part in a dispute about feasibility of decentralized autonomous organizations/corporations. Is there a really working DAO/DAC somewhere? Autonomous is the key word here.
Seldoon182
Sr. Member
****
Offline Offline

Activity: 298
Merit: 250


View Profile
March 19, 2015, 08:13:45 PM
 #2

The first DAC is Bitcoin itself. There's plenty and BIP32 technology which include multi-sign is making funds management way better.
Come-from-Beyond (OP)
Legendary
*
Offline Offline

Activity: 2142
Merit: 1009

Newbie


View Profile
March 19, 2015, 08:19:59 PM
 #3

The first DAC is Bitcoin itself. There's plenty and BIP32 technology which include multi-sign is making funds management way better.

I meant http://en.wikipedia.org/wiki/Decentralized_Autonomous_Organization.
redsn0w
Legendary
*
Offline Offline

Activity: 1778
Merit: 1042


#Free market


View Profile
March 19, 2015, 08:21:21 PM
 #4

Some time ago I took part in a dispute about feasibility of decentralized autonomous organizations/corporations. Is there a really working DAO/DAC somewhere? Autonomous is the key word here.

Wait a few days and you will see ethereum  Roll Eyes, and after 1 week a fork and a lot of another sidechains work more better then 'ethereum'. I can suggest you to check oraclize (work on the bitcoin blockchain). Link : https://oraclized:oraclized@www.oraclize.it  (Still in beta).
Daedelus
Hero Member
*****
Offline Offline

Activity: 574
Merit: 500



View Profile
March 19, 2015, 09:00:42 PM
 #5

I don't think one exists.

You could probably do a simple one to do basic things (payments on a savings account?). But to be truly autonomous, it would need to be intelligent right? So AI/Machine learning need to be built (Skynet)
Come-from-Beyond (OP)
Legendary
*
Offline Offline

Activity: 2142
Merit: 1009

Newbie


View Profile
March 19, 2015, 09:04:52 PM
 #6

Wait a few days and you will see ethereum  Roll Eyes

Ethereum is not a DAC. It's a platform for DACs.
RoadStress
Legendary
*
Offline Offline

Activity: 1904
Merit: 1007


View Profile
March 19, 2015, 09:06:44 PM
 #7

Some time ago I took part in a dispute about feasibility of decentralized autonomous organizations/corporations. Is there a really working DAO/DAC somewhere? Autonomous is the key word here.

I would like to see some kind of ideas of how would one DAO/DAC exist.

Come-from-Beyond (OP)
Legendary
*
Offline Offline

Activity: 2142
Merit: 1009

Newbie


View Profile
March 19, 2015, 09:08:18 PM
 #8

I would like to see some kind of ideas of how would one DAO/DAC exist.

The same.
lemonhead
Newbie
*
Offline Offline

Activity: 6
Merit: 0


View Profile
March 20, 2015, 11:38:11 AM
 #9

I would like to see some kind of ideas of how would one DAO/DAC exist.

The same.

https://blog.ethereum.org/2015/03/20/ethereum-builders-experiment/

?
spartacusrex
Hero Member
*****
Offline Offline

Activity: 718
Merit: 545



View Profile
March 20, 2015, 11:40:59 AM
 #10

Does a successful computer virus count ?

Life is Code.
lemonhead
Newbie
*
Offline Offline

Activity: 6
Merit: 0


View Profile
March 20, 2015, 11:46:29 AM
 #11

I would like to see some kind of ideas of how would one DAO/DAC exist.

The same.

Wouldnt it be possible to make a CloudStorage DAO with software from Storj or others.

People offer Storage get paid.
People use Storage have to pay for it.

Of course there will occur problems when implementing but the idea is simple...
Come-from-Beyond (OP)
Legendary
*
Offline Offline

Activity: 2142
Merit: 1009

Newbie


View Profile
March 20, 2015, 12:40:35 PM
 #12

Wouldnt it be possible to make a CloudStorage DAO with software from Storj or others.

Maybe, but the question is about a working solution, not a hypothetical one.
redsn0w
Legendary
*
Offline Offline

Activity: 1778
Merit: 1042


#Free market


View Profile
March 20, 2015, 01:15:01 PM
 #13

Wait a few days and you will see ethereum  Roll Eyes

Ethereum is not a DAC. It's a platform for DACs.

So we should wait the platform and after we can start to think about DACs.

Wouldnt it be possible to make a CloudStorage DAO with software from Storj or others.

Maybe, but the question is about a working solution, not a hypothetical one.

No at the moment doesn't exist a really and functionally DAC, we are still in an "experiment".
p2pbucks
Hero Member
*****
Offline Offline

Activity: 642
Merit: 500


Evolution is the only way to survive


View Profile
March 20, 2015, 01:26:08 PM
 #14

Religions like muslim or christianity can be considered as a DAC .
I don't think Ethereum is a working example , it's more like an idea .   Decentralized apps based on ethereum platform ?  Lol ...
BillyBobZorton
Legendary
*
Offline Offline

Activity: 1204
Merit: 1028


View Profile
March 20, 2015, 01:39:01 PM
 #15

Would a decentralized exchange like Coinffeine fit the criteria/definition of a DAO entity?c
abyrnes81
Hero Member
*****
Offline Offline

Activity: 714
Merit: 500



View Profile
March 20, 2015, 01:48:22 PM
 #16

Would a decentralized exchange like Coinffeine fit the criteria/definition of a DAO entity?c

No I don't think. The definition of DAO:  A Decentralized Autonomous Organization (often abbreviated "DAO"; sometimes referred to as a Fully Automated Business Entity or Distributed Autonomous Corporation/Distributed Autonomous Company, often abbreviated "FAB" or "DAC") is a decentralized network of narrow-AI autonomous agents which perform an output-maximizing production function and which divides its labor into computationally intractable tasks (which it incentivizes humans to do) and tasks which it performs itself.

I have never seen a fully functional DAO.
RoadStress
Legendary
*
Offline Offline

Activity: 1904
Merit: 1007


View Profile
March 23, 2015, 05:01:29 AM
 #17

Tim Swanson seems to know something about DAOs https://twitter.com/ofnumbers/status/579794848179326976

More details would be great. Anyone?

Putting up 0.10BTC bounty* for some good and relevant info about this.

*(minus miner fees)

criptix
Legendary
*
Offline Offline

Activity: 2464
Merit: 1145


View Profile
March 23, 2015, 09:47:56 AM
 #18

Check my sig we are starting with the alpha very soon Smiley

DAC's/DAO's are the future just think about the singularity!

btw. What was the ooutcome of your discussion? Mind to share?

                     █████
                    ██████
                   ██████
                  ██████
                 ██████
                ██████
               ██████
              ██████
             ██████
            ██████
           ██████
          ██████
         ██████
        ██████    ██████████████████▄
       ██████     ███████████████████
      ██████                   █████
     ██████                   █████
    ██████                   █████
   ██████                   █████
  ██████
 ███████████████████████████████████
██████████████████████████████████████
 ████████████████████████████████████

                      █████
                     ██████
                    ██████
                   ██████
                  ██████
                 ████████████████████
                 ▀██████████████████▀
.LATTICE - A New Paradigm of Decentralized Finance.

 

                   ▄▄████
              ▄▄████████▌
         ▄▄█████████▀███
    ▄▄██████████▀▀ ▄███▌
▄████████████▀▀  ▄█████
▀▀▀███████▀   ▄███████▌
      ██    ▄█████████
       █  ▄██████████▌
       █  ███████████
       █ ██▀ ▀██████▌
       ██▀     ▀████
                 ▀█▌
 

             ▄████▄▄   ▄
█▄          ██████████▀▄
███        ███████████▀
▐████▄     ██████████▌
▄▄██████▄▄▄▄█████████▌
▀████████████████████
  ▀█████████████████
  ▄▄███████████████
   ▀█████████████▀
    ▄▄█████████▀
▀▀██████████▀
    ▀▀▀▀▀
Come-from-Beyond (OP)
Legendary
*
Offline Offline

Activity: 2142
Merit: 1009

Newbie


View Profile
March 23, 2015, 10:03:39 AM
 #19

btw. What was the ooutcome of your discussion? Mind to share?

My opinion remained the same: It's infeasible to create a full autonomous entity, the creator has to predict all possible situations or create an AI.
Daedelus
Hero Member
*****
Offline Offline

Activity: 574
Merit: 500



View Profile
March 23, 2015, 10:26:14 AM
 #20

Whoop! My understanding isn't behind the curve for once  Cheesy
Pages: [1] 2 »  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!