Tag: TheDAO

The DAO Curators Held a Meeting to Discuss Ways to Move The Experiment Forward

Curators, researchers, and original coders of the DAO held a Skype meeting to discuss the recent events pertaining the security of The DAO, and how to move things forward. Two viable solutions were disclosed. The software developer Alex Van de Sande, one of The DAO curators, announced today that a skype meeting between curators, the original researchers who published the attack vector paper, and the original coders of the DAO …
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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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