what is dao in ethereum

Last Updated on February 15, 2023 by Paganoto

The DAO (organization) – Wikipedia

The DAO (organization) – Wikipedia

The DAOThe DAOThe DAO was a decentralized autonomous organization that exists as a set of contracts that resides on the Ethereum blockchain; it did not have a physical address, nor people in formal management roles.https://en.wikipedia.org › wiki › The_DAO_(organization)

Decentralized autonomous organizations (DAOs) | ethereum.org

Decentralized autonomous organizations (DAOs) | ethereum.org

The backbone of a DAO is its smart contract. The contract defines the rules of the organization and holds the group’s treasury. Once the contract is live on …

Decentralized Autonomous Organization (DAO) – Investopedia

Decentralized Autonomous Organization (DAO) – Investopedia

Key Takeaways · A decentralized autonomous organization is an entity structure in which tokenholders participate in the management and decision-making of an …


The DAO (organization) – Wikipedia

The DAO (organization) – Wikipedia

In June 2016, users exploited a vulnerability in The DAO code to enable them to siphon off one-third of The DAO’s funds to a subsidiary account. The Ethereum …

What is a decentralized autonomous organization, and how …

What is a decentralized autonomous organization, and how …

The DAO launched on April 30, 2016, after Ethereum protocol engineer Christoph Jentzsch released the open-source code for an Ethereum-based investment …

What Is A DAO And How Do They Work? – ConsenSys

What Is A DAO And How Do They Work? – ConsenSys

A DAO, or “Decentralized Autonomous Organization,” is a community-led entity with no central authority. It is fully autonomous and transparent: smart contracts …

The Story of the DAO — Its History and Consequences – Medium

The Story of the DAO — Its History and Consequences – Medium

The coding framework was developed open source by the Slock.It team but it was deployed under “The DAO” name by members of the Ethereum community. The DAO had a …

What the DAO? Why Everyone Is Talking About Decentralized …

What the DAO? Why Everyone Is Talking About Decentralized …

A DAO is a software-enabled organization built and governed by smart contracts on a blockchain network (like Ethereum).

The DAO Attack: Understanding What Happened – CoinDesk

The DAO Attack: Understanding What Happened – CoinDesk

The DAO contains roughly 15% of all ether, so a failure of The DAO has a negative impact on the ethereum network and its cryptocurrency. It’s …