Tag: Proposal

Swiss Citizens Reject Universal Basic Income Idea

Contrary to what most people had expected, the Swiss population is not for establishing a universal basic income to every citizen. As it turns out, only 23% of votes was for this solution. Quite a disappointing result, but also a valuable lesson about free money. No Basic Income In Switzerland On paper, the concept of establishing a universal basic income for every citizen in Switzerland sounded great.Independent group Bien-CH managed …
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A Group of Researchers Call For a Temporary Moratorium On DAO Proposals

Dino Mark, Vlad Zamfir, and Emin Gün Sirer asked DAO Token holders to abstain from voting on any proposals until several security flaws in The DAO contract code are solved. The trio released a paper detailing all the attack vectors, along with an extensive blog post. A Group of Researchers Calls For a Temporary Moratorium On DAO Proposals The DAO crowdsale officially ended yesterday, with more than 12 Million ETH …
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Slock.it Retracts Its DAO.Security Proposal, Presents A New Thinner Version

Slock.it has acknowledged the negative feedback that its first proposal received, the German startup has decided to present a new, thinner version. Slock.it will update the DAO general framework for free, and the security team has been reduced to only one member. The German startup received heavy criticism for its latest proposal, Slock.it presented yesterday a 125,000 ETH budget to The DAO for security updates to the code, a dedicated security …
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The DAO Token Holders Need to Evaluate and Criticize Every Proposal They Receive.

The above statement may seem obvious, but The DAO has formally received two proposals by Slock.it UG, Token holders must carefully analyze every proposal they receive, and evaluate the financial viability of these, failure to do so may result in mismanagement of funds and the ultimate failure of the biggest crowdfund sale in the history.  The German startup Slock.it UG carried out the development of a standard framework for Decentralized Autonomous Organizations, this …
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