What is DAO – Decentralized Autonomous Organization?
The “DAO” stands for Decentralized Autonomous Organisation. By breaking it down, we’ll be able to understand what a DAO is.
DAO is an organisation where a group of people come together to pursue a common objective. It is decentralized in nature as it...
rchamria.com6 min read
Yeah organizations exist. On the dark-web. In forms of illegal drug markets and they have been around for some time before you jumped in on the buzz. They are decentralized and independent, accessible trough encrypted nodes. They mostly are based on blockchain and cryptocurrency.
I honestly don't mean to be disrespectful here, and you made the effort to write all this and probably done some basic research, but....
Until you realize the complexity of what you wrote here you will not understand it. So, I suggest you learn how the current web works (I mean deep dive into it) before you even form an opinion let alone make brave clairvoyant predictions on how we will all work in this beautiful pink world, which we don't even know the cons or the potential security flaws and missuses can come out of it.....I can go on and write an entire book here, but I'm not.