DYOR Crypto Wiki
(Created page with "* Ethereum Token Project to be a Decentralised Autonomous Organisation. Had a huge ICO. * Stopped after exploit of the cont...")
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Tag: Visual edit
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* Ethereum Token Project to be a [[Decentralised Autonomous Organisation (DAO)|Decentralised Autonomous Organisation]]. Had a huge [[ICO]].
 
* Ethereum Token Project to be a [[Decentralised Autonomous Organisation (DAO)|Decentralised Autonomous Organisation]]. Had a huge [[ICO]].
  +
* In essence, the platform would allow anyone with a project to pitch their idea to the community and potentially receive funding from The DAO. Anyone with DAO tokens could vote on plans, and would then receive rewards if the projects turned a profit. With the financing in place, things were looking up.
 
* Stopped after exploit of the contract, also known as The DAO Hack. This hack led to the split between [[Ethereum (ETH)|Ethereum]] and [[Ethereum Classic (ETC)|Ethereum Classic.]]
 
* Stopped after exploit of the contract, also known as The DAO Hack. This hack led to the split between [[Ethereum (ETH)|Ethereum]] and [[Ethereum Classic (ETC)|Ethereum Classic.]]
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* For an explanation of this whole episode [https://medium.com/swlh/the-story-of-the-dao-its-history-and-consequences-71e6a8a551ee go here]
 
* [[Vitalik Butterin|Butterin, Vitalik]]; signatory
 
* [[Vitalik Butterin|Butterin, Vitalik]]; signatory
 
* Jentzsch, Christoph; wrote the code
 
* Jentzsch, Christoph; wrote the code

Revision as of 09:41, 21 January 2019

  • Ethereum Token Project to be a Decentralised Autonomous Organisation. Had a huge ICO.
  • In essence, the platform would allow anyone with a project to pitch their idea to the community and potentially receive funding from The DAO. Anyone with DAO tokens could vote on plans, and would then receive rewards if the projects turned a profit. With the financing in place, things were looking up.
  • Stopped after exploit of the contract, also known as The DAO Hack. This hack led to the split between Ethereum and Ethereum Classic.
  • For an explanation of this whole episode go here
  • Butterin, Vitalik; signatory
  • Jentzsch, Christoph; wrote the code
  • Rapp, Timon; signatory
  • Tual, Stephan