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DAOs (decentralized autonomous organizations) might just be one of the most revolutionary concepts to come out of the blockchain world. DAOs are organizations in which contracts and agreements are enforced through blockchain smart contracts. Because no overseeing force is needed to authorize a smart contract, (just as no overseeing force is needed to authorize a Bitcoin transaction) DAOs have radical potential to create distributed and decentralized organizations. If DAOs are going to fulfill that potential,
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The post DAOstack – The ‘WordPress’ for DAOs appeared first on Bitcoinist.com.
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