How Does the Dash DAO Work?

How Does the Dash DAO Work?

All decentralized, blockchain-based networks are DAOs, or decentralized autonomous organizations — a fact not commonly discussed. But what precisely is a DAO, anyway? And is any form more effective than another? Dash: A More Sophisticated DAO? A DAO can be summed up as an organization of people who communicate with each other via a “network protocol,” which is to say that they communicate with one another via a ruleset. With this computer-communicated ruleset, two things can be achieved in a DAO: first, “consensus,” or an agreement upon what the rules should be; and second, the execution....


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