DAO

Internal_Custard_746

VeChain-VET: it is already an active project and very advanced in the RWA sector, in certifications, in supply chain tracking (WalMart China), furthermore with its DAO VeBetter, the B3TR token and the connected apps, it is remunerating end users - i.e. us - for completing dozens of daily actions relating to environmental sustainability: using electric cars, solar panels, separate waste collection, using natural materials, shopping for organic products, dozens of apps run on VeChain which allow you to photograph and certify these virtuous actions and obtain in exchange the B3TR token, already listed on some CEX and DEX.

parakite

What are you smoking? The moons token is a dead end, isn't it? You yourself have sold like 78k moons, so if you think its some great tech, you won't have sold them. Ultimately, i bet it will all rotate into Bitcoin one day. We will see. And don't tell me about the usecases of 'governance' etc. Its such a fake story. The DAO concept had failed even by 2017, i am surprised you are still touting it as some great tech in 2025. Rest, we can have differences, but I only wish you the best hakin dude. And others too.

parakite

What are you smoking? The moons token is a dead end, isn't it? You yourself have sold like 78k moons, so if you think its some great tech, you won't have sold them. Ultimately, i bet it will all rotate into Bitcoin one day. We will see. And don't tell me about the usecases of 'governance' etc. Its such a fake story. The DAO concept had failed even by 2017, i am surprised you are still touting it as some great tech in 2025. Rest, we can have differences, but I only wish you the best hakin dude. And others too.

fan_of_hakiksexydays

You only have numbers about price. Nothing about the tech. So your argument is already rooted in only speculation. And here you are, claiming that alts like Ethereum have no use and don't do anything....on the very sub that uses Ethereum for it's own currency, DAO, and governance. 😂

SevereArrivals13

Think of it as a popular billboard seen by tens of thousands of crypto enthusiast daily and Moons as the only payment solution for it. Every sub we manage to move to is more advertising space and money into the MOON DAO

DBRiMatt

Moons were originally distributed on Nova, which is why Kraken have Nova moons as well. The migration to Arbitrum One only took place after Reddit sunset RCP's, renounced the contract and the DAO took over. The current distros are occuring on One, but the majority of supply I believe is still on Nova (Especially Kraken's supply)

DBRiMatt

Given the lack of development and attention from the Arbitrum DAO for the Arbitrum Nova network, it wouldn't surprise me to see the chain get depracated at some stage. If my gut feeling is correct, it would be great to have Moons on Polygon and Arbitrum One in the long term.

0xpolygonlabs

Needs to be staked by moon week 67 (next moon distribution). The $5000 is going to the CCMOON DAO multisig and they are distributing it through the Community Currency app. Basically, the way to think about it is along with Moon rewards, there’s added POL rewards for POL stakers

cavolfiorebianco

here is the CEO saying the quiet part out loud [https://x.com/Pledditor/status/1687141159951286272](https://x.com/Pledditor/status/1687141159951286272) you can also consult ZachXBT report finding insider trading and basically a rug [https://x.com/zachxbt/status/1683512534811172864](https://x.com/zachxbt/status/1683512534811172864) Defi report on it (this is the latest one there is also an older one) [https://x.com/DefiSquared/status/1813506473915466142](https://x.com/DefiSquared/status/1813506473915466142) this is just the tip of the tip of the iceberg btw... like even just by doing the basic math is clear to anyone with a functioning brain brain that this is a soft rugpull that just traps people into fake pumps to milk them for liquidity for the infinite supply... and that is just the math... then there is the insider trading, the fact that devs are from ex DAO crypto scams, the fact that the app itself is full of illegal gambling content or just straight up scams or money grabs, the fact that not a single process was kept (70k orbs by 2025 while we have around 1k and 1 billion verified by 2024 while we had 5 mil that is not a miss that is a lie to generate hype), the fact that the ID is fundamentally illegal in all EU jurisdiction and the fact that it doesn't work is not unique at all... I can keep going... but anyway I don't think u should ask for "opinions" since there are a lot of shillers around some of them are even paid discord members from their official discord that just go around and shill this scam... and is so funny because the main argument used is "this is not just a coin" which is literally what every single crypto scam community member will tell you in order to scam you XDXD I dunno I just find it funny... btw this is not a new scam... there are thousands of these they are all the same... the real problem here is only 1 Sam Altman... without Sam Altman there would be no worldcoin... 1 billion market cap from VC? XDXD wouldn't have reached 10k... there would have been literally no founding what so ever, and if they somehow managed to start the rug it wouldn't have died way faster, they keep milking his name again and again but reality is that he was just in some investor group that put money in random startups and ended up in this garbage likely due to mondane Silicon Valley nepotistic friendly reasons... wasn't for him not a single person would have bought in we wouldn't even be talking about it it would be some forgotten scam coin at the bottom of coinmarketcap next to "pissshitcoin" lol just another low float high FDV cyrptoscam move along... cash out the free stuff tho if u have any nothing wrong with that

F0rtysxity

Straight shooting - not bad. I personally would take BTC to 60% ETH to 20% SOL 10% and then all the rest 10%. But I see you are a punter and I respect that you resisted the urge to full send. I'm not equipped to evaluate the remaining projects. I personally once heard the guys at [Multicoin Capital](https://multicoin.capital/portfolio/) talking in length about how many cryptocurrencies do not actually become more scarce with use. Which would not lead to an increase in value. Based on that I have cross referenced holdings they have and what is available on Coinbase (and what is involved in DeFi and stablecoins) I added small amounts of Aptos, Cardano, Sei, and Lido DAO. I recognize RNDR from Multicoin as well. But honestly, feel like your list for alternative holdings is as good as any other. You didn't bite the poison apple of DOGE or PEPE or whatever. Which are from my POV zero sum gambling games desperate young men play with one another, pooling their resources so 1 out of 100000 can get rich. Actually DOGE not that bad. But other meme coins. So with your selection you have two ways to win: community spirit and adoption. Not just community. Good luck to us.

F0rtysxity

70% Bitcoin 20% Eth 10% - Solana Cardano Sei Aptos Lido DAO The 3rd basked is based on: available on Coinbase, held by Multicoin Capital, and involved in DeFi or stablecoins.

SevereArrivals13

They are doing a lot though and now since the last governance votes we are close to becoming a proper licensed DAO. https://docs.google.com/spreadsheets/d/1TZVE_3DCbox2bfObBXvYcOZOMNw62l6bjZfGLD-g2rA/edit?usp=sharing

KyraphnToad

Yeah, a DAO is the perfect modelel for that.

Aromatic_Resort_2402

Yeah, a DAO is basically thattt.

diradder

I think what she might be alluding to the fact that Bitcoin's monetary policy has not been changed from its inception (if you disregard obvious consensus bugs in its infancy). Ethereum on the other hand had recent changes in its monetary policy (EIP-1559) and also a hardfork which wasn't due to any bug in Ethereum itself but rather to a bugged contract users chose to interact with (The DAO). It doesn't mean both system can't coexist, one more focused on monetary integrity and the other prioritizing agility and more frequent innovation (with the risks that it entails). But if her goal is proverbial "sound money", it seems logical that she would prefer the one that changes its monetary policy the least frequently.

Spexar

Do you mean a [DAO](https://en.wikipedia.org/wiki/Decentralized_autonomous_organization?wprov=sfla1)?

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Makina__Fi

Makina’s vaults are called **Machines**. They are more than yield wrappers. A Machine is a programmable execution vault (think smart vault) that runs strategies through the MakinaVM. Operators are professional strategists who manage these Machines, and get a fee for doing so (part of which can go to the DAO/MAK token holders). But the Operators are not allowed to do whatever they want. Their actions are constrained by onchain rules. Every strategy is expressed as Instructions, which are predefined transaction bundles. Instructions are checked against a Merkle root, so only approved actions can be executed. Risk is enforced with hard limits. Machines set exposure caps (how much can go where), protocol allowlists, and parameter ranges. If something goes wrong, they can trigger atomic unwinds that close positions in a single transaction. NAV (net asset value) accounting is deterministic, so the share price of Machine Tokens always matches the underlying assets. Machines are considered modular since they use what we call Calibers. These are standard modules for interacting with other protocols. This removes the need to write custom adapters for every protocol or L2 integration. Machines can also operate across chains (through Wormhole) while keeping consistent state and accounting. All of these things wrapped together is what makes Machines different. We put risk enforcement directly into code. Users get access to institutional-grade strategies with transparent rules. Who knows maybe some of the others mentioned in your question will end up running a Machine on Makina ;)

Makina__Fi

When planning a token launch in today's crypto ecosystem projects (especially DeFi) need to navigate multiple dimensions of fairness, each with its own trade-offs and philosophical implications. A “fair launch” isn’t a set definition but it's a spectrum. Some projects like Morpheus represented one of the spectrum of fair launch with no pre-mine, no investor allocations, and equal distribution to community, capital, compute, and code providers. MOR had no strategic round at all. Whether this is good or not is yet to be seen. Another example could easily be Bitcoin - the OG fair launch. One could say Bitcoin established the original fair launch paradigm: no pre-mine, no venture capital rounds, and equal opportunity for anyone to mine from day one. But as it wasn’t yet captured by the mainstream like crypto is today, we are left with wealth concentration as adoption of BTC took time. Over the years, and more so now due to the long and messy history of token launches, the conversation around fair launches has become more nuanced. We think that fairness exists on a spectrum and involves multiple dimensions. Take into consideration the complex nature of the DeFi infrastructure we’re building and it’s clear our needs are different from a Layer1 or a memecoin.A good point to start with could be around considerations of transparency, accessibility, incentive alignment, governance rights, and long-term value distribution. Here are some examples of how we’ve been thoughtful in the following areas of our launch. \- Clear communication about funding rounds and pricing (only one strategic seed round, this has been communicated) \- Open-github repo (github is available)- Published docs with no opaqueness on how Makina works- Sufficient notice for participation in Token related events (we’ve been screaming about our launch for a while) \- Fair minimums and caps for participation (no min and no personal cap for participation) \- Multiple participation paths for different needs (you can get exposure to USD, ETH, or BTC Machines)- Releasing tokenomics information (published supply, allocation, vesting) \- Minimized technical barriers (all you need to do is have a wallet) \- Geographic inclusivity where legally possible (OFAC sanctioned as per usual)- Meaningful vesting for team and investor allocations (team vests have the longest vesting, more than public or ICO round) \- Rewards for genuine contribution (deposits are what get you into the ICO, not tweet maxing or other KOL trickery) \- Mechanisms that discourage short-term speculation (if you transfer tokens in the Pre-Launch you lose your points and tickets) \- Value accrual mechanisms that benefit all participants ($MAK token will be cash-flow driven, token buyback program, as well as fee-sharing mechanism)-Concrete milestones for increasing decentralization (Operators eventually can onboard with less oversight, but for now we need to manage risk and reputation until the platform stands up and proves itself) \-Governance mechanisms that expand in scope over time (DAO, $MAK token grants voting)Happy to jam on more topics around fair launch as its a vast topic of discussion. Great first question to the AMA.

OrangePillar

Right, but the bitcoin network can’t be coerced to undo transactions the way ethereum did after the DAO hack. We also proved that corporations can’t direct consensus during the block size wars.

spXps

No chain is literally 100% haltless. Even Bitcoin had its 2010 overflow bug, Ethereum had DAO/consensus issues, Cardano had a ~25 min block pause in 2023, and Algorand also had a short stall during an upgrade. The real distinction is severity: BTC/ETH/ADA/ALGO auto-recover or patch quickly, while Solana has had repeated multi-hour coordinated restarts. Claiming “100% uptime” is just marketing shorthand nobody has a perfect record.

coinfeeds-bot

tldr; The Curve Finance DAO is voting on a proposal to create a $60 million credit line of crvUSD for Yield Basis, introduced by founder Michael Egorov. This initiative aims to make CRV a yield-bearing asset by allowing stakers to receive veCRV, generating income. Yield Basis would allocate 35-65% of its value to veCRV holders and 25% to the ecosystem. The proposal seeks to address impermanent loss and enhance Curve's ecosystem. Voting shows strong support, with 97% in favor at the time of writing. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

coinfeeds-bot

tldr; The Compound DAO community rejected a proposal to reclaim $13 million in tokens allocated to special delegates under the Delegate Race program, which was designed to boost governance participation. About 70% of participants voted against the proposal, which argued the allocation unfairly benefited insiders and misused treasury funds. Critics claimed the program distorted governance principles, while supporters argued it protected against DAO capture by whales. The vote highlights ongoing tensions within the $4 billion DeFi protocol's governance structure. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

amderve

Alt season usually kicks in when BTC dominance starts dropping and money rotates into riskier assets. Right now capital is still parked in BTC/ETH – they’re the ‘safe haven’. What might trigger the next wave isn’t just random memecoins pumping, but projects that actually create new demand. For example, there are experiments where tokens are backed by time or community activity and have real use cases inside an ecosystem. One interesting example is GRAND TIME – you mine tokens through NFT certificates and even wearables, then spend them on goods, services, or participate in a DAO. That kind of utility could be what pulls liquidity into alts next cycle.

Njaa

That's a common meme, but far from factual. Vitalik doesn't decide the roadmap. The DAO fork had massive community support. 

AbysmalScepter

He influences the roadmap, the roadmap changes often, sometimes holders and ecosystem participants don't agree with those changes. Just look at the DAO hack.

HSuke

I agree everything except for 1 part. Ethereum's consensus protocol has a clean record, but Ethereum itself does not. There was the DAO hack in its early PoW days. But that wasn't a consensus problem or a PoS problem. PoS has never been successfully-attacked.

Sword_Smith

Sorry for bad editing. Fixed. Scaling? Yes, the proofs of Neptune can be aggregated in the same way as on a roll-up. Concretely, the proofs of two transactions can be merged into one through an operation with the original name "merge" -- which is basically a program that runs in Triton VM, the VM (with associated zk-STARK engine that is used in the consensus mechanism). So in the limit of many transactions, the size of the proof becomes negligible. Other nodes still need to know how to modify the UTXO set representation (so as to avoid double-spends) so each new initiated transaction does take up \*some\* space, so our capacity is not infinite. Our onchain transaction throughput limit is somewhere around Bitcoin's with a few thousand regular transactions per 10 minutes. You can build roll-ups on top of Neptune though to increase that, or you can build a lightning protocol. It's worth noting though that the proof production requires heavy computational resources. So until we have a few dozen top-end CPUs supporting the network, that's the bottleneck. Security risks? I guess you can say that Aztec and Miden depends on the security of two layers, the base layer Ethereum, and their own protocol. The base Ethereum layer has been around for a long time, so I don't think there are any backdoors or programming errors there that are problematic. But Ethereum is of course not secure against a large-scale quantum computer, and I'm personally no big fan of the proof-of-stake model that they're based on. All three of us though, Neptune, Aztec, and Miden have the security risk that the developers have overlooked something, like with Bitcoin's inflation bug, or DAO bug on Ethereum.

mickeyhusti

I might be late to the conversation. RWAs will be the next big thing for sure, as people become more aware of how the overall market works, and that anyone could make a coin, get liquidity and run away with it. The whole RWA aspect changes the whole thing, which I'm glad to see honestly. People will need to be more creative to create things that actually serve some purpose, instead of just being a dumb coin which has absolute no purpose. The whole concept with tokenized equities, shares in companies and other things which are happening are definitely a new era to watch. This will for sure create a more stable ecosystem.I'll mention something on which I'm working, which is in the RWA aspect. I won't go too much into details of the product; I'll just share that the regulations for this thing are a nightmare! It's super hard to get all the legal sorted out. I've started a project in the RWA space mainly in the sports section. Let me be super specific with an example. You have right now managers who sign deals with athletes either notary agreements which are very direct, or RWA agreements which give some breathing space to the athlete. The manager finances the athlete in exchange for the future growth. This is a super controlled environment, and it has not been explored that much. There are some projects, but no one focuses on the RWA aspect, and no one has the legal and compliance as we have.The bottom line is that we will open a completely new market with this, and on top of the share in the RWA (in our case) there will be the chance to join the DAO from the athlete, meaning that you can influence decision making to a certain extent. Wish me luck with all the regulations LOL

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Post is by: AnmAzn and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoMarkets/comments/1nhrdf9/on_gaining_some_early_attention_worth_at_least/ I came across Onchain Matrix recently and noticed their Discord isn’t quiet. For a project at this stage, that’s usually a sign at least some retail is paying attention. Not saying that makes it legit, but it does suggest people are watching. Quick background: Tokenomics designed around an asset-backed treasury with BTC/BNB Yield model intended to create both rewards and stability DAO structure with anti-rug mechanics like multi-sig and time locks Longer-term goal of expanding into RWA tokenization and eventually a native chain High risk, sure, but the mix of asset-backing and early chatter makes it something I’ll at least monitor. Do you think traction in the early community stage actually matters, or is it just noise until a product is live? *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoMarkets) if you have any questions or concerns.*

HoldCtrlW

- The DAO Hack Bailout: When a hacker exploited a massive project, the EF essentially hit the "undo" button on the blockchain with a hard fork to save the money, shattering the "code is law" promise and leading to the creation of Ethereum Classic (ETC) by those who didn't agree. - "Decentralized" lol: The EF and a small group of core devs still call all the shots, making it feel more like a company than a global computer. - Dumping on retail: They sold a ton of ETH at market tops to fund themselves, showing some serious paper hands while everyone else was told to HODL. Glacial dev speed: It took them years to ship The Merge while gas fees were murdering everyone and faster L1s were eating their lunch.

Putrid_Positive8934

I forgot the mention the ones I know, voodoo DAO, wheelbin collective, Kansas city satoshi, These guys have made mulling and have hidden instas, Airbnb’s they hid in, digital ghosts.

Odd-Thanks-834

DAO staking was off the chain. Oh man, halcyon days

coinfeeds-bot

tldr; Scroll DAO, the decentralized organization behind the Ethereum zkEVM scalability project, has temporarily suspended its governance operations following the resignation of several key executives. This pause aims to allow for a redesign of its governance framework. Scroll, a Layer 2 solution for Ethereum, focuses on faster and cheaper transactions using zkEVM technology. The suspension has raised concerns among the community and SCR token holders about the project's future direction. The DAO plans to enhance its governance structure but has yet to provide specific details or timelines. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

SunDreamShineDay

Hard pass for me for a few reasons, some are: The Gatecoin and DAO hack was traced to wallets originally funded by Ethereum Foundation, @BoringSleuth on X followed the money on chain. Virgil Griffith was a researcher at the Ethereum Foundation and traveled to North Korea in 2019 and gave a presentation on how blockchain and cryptocurrency technologies could help evade sanctions despite being denied permission to travel to the country. He was arrested upon his return, pleaded guilty in 2021 to conspiracy to violate economic sanctions and was sentenced in April 2022 to 63 months in prison. He was released in April 2025. Oh and ICO’s are….. https://youtu.be/e9BBYUpFO_g?si=OkLyPoBJPOiCfesL

MichaelAischmann

Now the Moon DAO is giving them out for participation.

SunDreamShineDay

Well, the Gatecoin and DAO hack was traced to wallets originally funded by Ethereum Foundation……. @BoringSleuth on X followed the money on chain.

Feisty-Page2638

how does tax money go to billionaires? litterally the billions of dollars in government contracts to companies like meta spacex coca-cola amazon etc. and the huge tax breaks we give these companies. i don’t think it should be the governments job to bail out companies with american tax payer dollars. so anything that requires someone else’s labor shouldn’t be a right? guess the government, military, and police should stop enforcing your safety then you should have to earn that. someone comes and takes your property? well no police are on there way because there labor would be required to protect your rights. you’re place of work doesn’t like that you have a certain political belief? guess what you just got fired with no recourse. you’re neighbor doesn’t like your religion and burns down your place of worship? who’s going to stop them? please name any right that does not require anyone else’s labor for it to exist. quite literally millions of americans risked there lives in war to protect and secure the rights you have. the same point you make about education being a net positive for society is the same for housing and healthcare. societies that have free healthcare and housing in general have high quality of life, greater GDP per capita, and greater average purchasing power. i agree the education system could be better and i think the reason it’s poorly managed is more a result of government centralization/ authoritarian versus being actually accountable and representative of the people. governments more representative of the people with greater oversight from the people tend to have great public education and healthcare. more authoritarian governments tend to have worse of these systems. i agree with your point about labor market competition but as i said earlier if you provide healthcare and housing issues less people would be willing to work at mcdonald’s for 10 an hour. socialism has never worked? your own quote talks about how authoritarian socialism with planned economies tend to not do well. i agree with that i’m a libertarian socialist. But in america we can see the internet, putting a man on the moon, public infrastructure, and our entire military as examples of socialism succeeding here. even in russia and china focusing on purely pragmatic outcomes they were both able to rapidly advance after implementing socialism as a rate that has not been seen by any capitalist countries. USSR went from mainly agricultural feudal society to an industrial might with one of the world’s best militaries in a matter of a few decades. i’m not saying the USSR was good or a model we should try again but give credit where it is due. I’m sure you know what DAOs are. what i propose is instead of DAOs be you buy the voting token you instead earn it by doing work for the DAO. this token you earn entitles you to a proportional revenue share and decision making power. this incentivizes you to work harder because you get paid more and does not involve any capital ownership (capitalism) and is instead owned directly by the workers (socialism) then you can even have opt in governments that provide social services. you pay taxes too the DAO and get direct democratic voting power on how the taxes are distributed. this is way better then politicians that aren’t that representative of the people deciding what to do with our money. (not that i think representatives can’t be useful just definitely whatever is going on in america with politicians is not good)

Feisty-Page2638

how does tax money go to billionaires? litterally the billions of dollars in government contracts to companies like meta spacex coca-cola amazon etc. and the huge tax breaks we give these companies. i don’t think it should be the governments job to bail out companies with american tax payer dollars. so anything that requires someone else’s labor shouldn’t be a right? guess the government, military, and police should stop enforcing your safety then you should have to earn that. someone comes and takes your property? well no police are on there way because there labor would be required to protect your rights. you’re place of work doesn’t like that you have a certain political belief? guess what you just got fired with no recourse. you’re neighbor doesn’t like your religion and burns down your place of worship? who’s going to stop them? please name any right that does not require anyone else’s labor for it to exist. quite literally millions of americans risked there lives in war to protect and secure the rights you have. the same point you make about education being a net positive for society is the same for housing and healthcare. societies that have free healthcare and housing in general have high quality of life, greater GDP per capita, and greater average purchasing power. i agree the education system could be better and i think the reason it’s poorly managed is more a result of government centralization/ authoritarian versus being actually accountable and representative of the people. governments more representative of the people with greater oversight from the people tend to have great public education and healthcare. more authoritarian governments tend to have worse of these systems. i agree with your point about labor market competition but as i said earlier if you provide healthcare and housing issues less people would be willing to work at mcdonald’s for 10 an hour. socialism has never worked? your own quote talks about how authoritarian socialism with planned economies tend to not do well. i agree with that i’m a libertarian socialist. But in america we can see the internet, putting a man on the moon, public infrastructure, and our entire military as examples of socialism succeeding here. even in russia and china focusing on purely pragmatic outcomes they were both able to rapidly advance after implementing socialism as a rate that has not been seen by any capitalist countries. USSR went from mainly agricultural feudal society to an industrial might with one of the world’s best militaries in a matter of a few decades. i’m not saying the USSR was good or a model we should try again but give credit where it is due. I’m sure you know what DAOs are. what i propose is instead of DAOs be you buy the voting token you instead earn it by doing work for the DAO. this token you earn entitles you to a proportional revenue share and decision making power. this incentivizes you to work harder because you get paid more and does not involve any capital ownership (capitalism) and is instead owned directly by the workers (socialism) then you can even have opt in governments that provide social services. you pay taxes too the DAO and get direct democratic voting power on how the taxes are distributed. this is way better then politicians that aren’t that representative of the people deciding what to do with our money. (not that i think representatives can’t be useful just definitely whatever is going on in america with politicians is not good)

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Post is by: Mountain_Ad_4386 and the url/text [ ](https://goo.gl/GP6ppk)is: /r/HodlHorizon/comments/1n6p7vy/avalanche_just_launched_the_first_daogoverned/ Most stablecoins today are run by centralized issuers like Tether (USDT) or Circle (USDC). They hold billions in reserves, but users have to trust corporate custodians, attestations, and opaque banking relationships. Now Avalanche has introduced **AUSD**, the **first fully DAO-governed stablecoin**. Here’s what makes it different: * **Community governance:** Parameters like collateral ratios and accepted assets are set by DAO votes, not corporate executives. * **Over-collateralized:** Every $1 AUSD is backed by at least $1.50 worth of crypto. * **On-chain audits:** Reserves are transparently visible and updated in real time. * **Avalanche speed:** Built on AVAX, the system benefits from fast finality and low fees. This could be a game-changer for DeFi. Instead of trusting a company in New York or offshore, users can trust code and community governance. Of course, questions remain: Can AUSD scale enough to challenge USDT/USDC? And how will regulators respond to a stablecoin with no centralized issuer to subpoena? Full deep dive here 👉 [hodlhorizon.com/news/dao-stablecoin-launch-avalanche](https://hodlhorizon.com/news/dao-stablecoin-launch-avalanche?utm_source=chatgpt.com) What do you think — is DAO governance the future of stablecoins, or will regulators crush this before it gains traction? *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoMarkets) if you have any questions or concerns.*

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Post is by: Mountain_Ad_4386 and the url/text [ ](https://goo.gl/GP6ppk)is: /r/HodlHorizon/comments/1n6p7vy/avalanche_just_launched_the_first_daogoverned/ Most stablecoins today are run by centralized issuers like Tether (USDT) or Circle (USDC). They hold billions in reserves, but users have to trust corporate custodians, attestations, and opaque banking relationships. Now Avalanche has introduced **AUSD**, the **first fully DAO-governed stablecoin**. Here’s what makes it different: * **Community governance:** Parameters like collateral ratios and accepted assets are set by DAO votes, not corporate executives. * **Over-collateralized:** Every $1 AUSD is backed by at least $1.50 worth of crypto. * **On-chain audits:** Reserves are transparently visible and updated in real time. * **Avalanche speed:** Built on AVAX, the system benefits from fast finality and low fees. This could be a game-changer for DeFi. Instead of trusting a company in New York or offshore, users can trust code and community governance. Of course, questions remain: Can AUSD scale enough to challenge USDT/USDC? And how will regulators respond to a stablecoin with no centralized issuer to subpoena? Full deep dive here 👉 [hodlhorizon.com/news/dao-stablecoin-launch-avalanche](https://hodlhorizon.com/news/dao-stablecoin-launch-avalanche?utm_source=chatgpt.com) What do you think — is DAO governance the future of stablecoins, or will regulators crush this before it gains traction? *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoMarkets) if you have any questions or concerns.*

Certain-Head8490

big news from **RIV** the project just kicked off its validator node presale! RIV Coin is designed as a fully reserve-backed token, combining CeFi and DeFi strategies with audited transparency and DAO governance Built on a sovereign PoS chain in the Cosmos ecosystem, it’s aiming to deliver stability and passive income to holders Would love to hear thoughts from this community on where reserve-backed assets fit in Web3’s future

Alien69Flow

Can anyone help update and complete the UX UI design improvements and functionalities needed for the DAPP and DEX of the DAO?

Renowned_Molecule

Typically it appears that companies go public for capital. That’s basically it.. but imagine a company, ripple, that could put that capital to work better than any current enterprise besides DTCC or ISDA. Ripple in my opinion is progressing towards one of few global “DAO” solutions. They acquired or hold majority share in like 5 companies now? .. ridiculous that they get so much hate. It is the perfect storm. OCC Charter pending, Fed Master Acct pending, over a dozen XRP ETFs S-1s updated recently and still pending. Anyways. I’m done discussing the IPO comment. It doesn’t matter to me that much. I know what I hold and you sound like you do too. 

SunDreamShineDay

Yeah but only one has shown ulterior motives while the other exposed the Gatecoin Exchange hack and the DAO hack to Ethereum Foundation funded wallets. 🤷🏽‍♂️

zesushv

This is the painful aspect of DAO. The big cooperations will never hand you actual voting rights, the small guys might never make it to launch stage. As for Trump and CRO, The smart thing to do is set your P/L.

Less_Result5615

I read your whitepaper, and I loved your ideas. Here are my thoughts. The Marketplace system could be used to optimize massive open source codebases like Linux. A sponsoring entity, such as a foundation or a DAO, would run a Layer 2 orchestrator application. This application would parse the entire Linux source code, identify thousands of individual functions, and automatically create a distinct "job" for each one. Each job would package the function's source code, a suite of unit tests for correctness, a performance benchmark to measure speed, the current performance score to beat, and a GDC reward. The orchestrator would then broadcast these thousands of jobs to the network simultaneously. As the network receives these jobs, the system's parallel architecture would take over. For each individual job, a small, independent Whiteroom committee would be formed to handle the optimization and validation. This means thousands of different functions from the Linux kernel would be worked on in parallel by different, competing groups of nodes across the globe. When a worker node finds a potential optimization, it submits the new code. The other nodes in that Whiteroom then deterministically verify the submission by compiling it, running the unit tests, and confirming that it's faster via the benchmark. Once a Whiteroom reaches consensus on a valid, superior version, the job is finalized. The orchestrator application receives the verified, optimized code snippet. This app could then be programmed to automatically create a pull request on the official Linux repository for review by human kernel maintainers. The pull request would include not just the new code, but also the verifiable proof of its improved performance. This process transforms code optimization from a slow, manual task into a continuous, economically incentivized, and massively parallel global effort. In theory, this could work on a any large cumbersome open source codebase: Linux, FreeBSD, MAriaDB etc.

charalambospapa

Yes, airdrops can be legit, but not all of them are worth your time. Some projects use them mainly for hype, while others build structured campaigns. Platforms like Galxe or QuestN have clearer procedures with step-by-step tasks, so it’s easier to join safely and know what you’re working toward. On the other hand, newer models are emerging — for example, Kaito and Cookie DAO. Their AI scans X for high-quality and influential posts, and variables like holding $KAITO can boost your leaderboard points. These systems are more complex than simple task-based drops, but in my opinion, they’re actually more interesting to study and master long term. And yes — when the tokens you earn list on exchanges, you can usually swap them into BTC, ETH, or whatever you prefer. This comment is for informational purposes only and should not be considered financial, legal, or investment advice. All analysis is based on publicly available data and reflects the author’s personal observations.

MinimalGravitas

Rotki - https://rotki.com/ It runs locally, preserving your privacy and is open source. If you run nodes at home you can connect it to those so it tracks your onchain balances and DeFi positions without any of your portfolio data getting sent out of your house. Any time you use an online portfolio tool like some of the ones mentioned in other comments here you are letting whoever runs those websites know all of your crypto addresses and link them to your IP address, and maybe your email address if you use that to sign up. That data is likely to get bundled up and sold to data brokers who will combine it with everything else linked to that IP and/or email address. That's not very cypherpunk. Rotki was created by Lefteris, one of the real Ethereum OGs. He was one of the people who helped save the funds stolen in the original DAO hack, and has been a strong advocate for open source software for about a decade. There is a paid version for if you need to track more than 4 validators or more than the last 100 DeFi transactions etc, but for most users the free version will be more than enough.

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Post is by: Rbyn17 and the url/text [ ](https://goo.gl/GP6ppk)is: /r/BeyondTheCoin/comments/1mzook5/banks_are_offering_defi_yields_to_customers_now/ Okay this might be an unpopular opinion but hear me out... I just spent way too much time going through institutional crypto reports (yes I need hobbies, whatever) and something feels OFF about this whole "institutional adoption" narrative. **What's happening:** * BTCC has a 141% reserve ratio (they're hoarding coins like crazy) * 560M+ people are using Web3 globally now * Traditional banks are suddenly your "DeFi friend" * BlackRock tokenized $240M in treasuries * HSBC is doing 24/7 tokenized gold trading **Here's what's bugging me:** When your local bank starts offering you "DeFi yields" through their app, is that still DeFi? Or is it just CeFi with extra steps? Like, the whole point was cutting out middlemen, right? But now the middlemen are just... becoming better middlemen with blockchain rails? I'm seeing traditional finance absorb DeFi features faster than DeFi can replace traditional finance. And honestly? Most normies don't care if their 8% yield comes from a DAO or JPMorgan as long as it's 8%. **The uncomfortable truth:** Maybe institutions aren't joining our revolution – maybe they're co-opting it. **Real questions:** 1. When banks control the on/off ramps AND offer competitive yields, why would regular people use actual DeFi? 2. Are we just building better infrastructure for the same old financial oligarchy? 3. At what point do we admit this isn't "our" space anymore? I'm not trying to be a doomer here. The tech is incredible, adoption is exploding, and my bags are definitely happier. But I can't shake the feeling that we're winning the battle and losing the war. **What do you guys think?** Am I overthinking this or are we about to get "Spotify-ed" by traditional finance? *(And before anyone asks - yes I'm still accumulating, no I'm not selling, yes this is probably just me being paranoid at 2am)* **EDIT:** Some of you are asking for sources - I get most of this stuff from various newsletters and reports. The specific stats are from VanEck, DLA Piper regulatory updates, and a few other industry reports from August 2025. *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoMarkets) if you have any questions or concerns.*

SevereArrivals13

Of course but now Moons are capped with a max supply, strongly deflationary and the distributions come from our DAO treasury.

justsaiyan8

You clearly have done your research, Jam + Polkadot 2.0 is coming. Plus they have a new division now solely focused on institutional partnerships. Plus it is the world’s largest DAO. Its going to hit top 10 in MC

MaeronTargaryen

You don’t earn from reddit anymore but from the DAO. They go into the wallet registered with the bot. With old users it should be automatically your vault address. They are off chain so to see them on chain you need to withdraw. There’s a guide on the bot commands on the sidebar of the sub

DingoOk9171

not everyone will agree but i think this could be a case of early treasury restructuring. like yeah, the multiple wallets thing seems weird, but if they’re onboarding new team members or shifting to a DAO-like structure, that could explain it. still, i agree it’s sketchy that they’re pushing marketing super hard while draining liquidity. timing is sus af. my bags are small so i’m not panicking but if i had more exposure i’d be a lot more anxious rn. watching this closely for sure.

Natural_NoChemical

Wild drama. On one side, LayerZero is trying to reclaim Stargate for $110M, but many see that as undervaluing a top 5 bridge with strong cash flow. On the other side, Wormhole is swooping in to block the deal and strengthen its competitive position. Either way, Stargate DAO holders are about to have a big say in the future direction.

RegardedQt314

charts can be interpreted many different ways depending on the context. for me when i look at Kendu's chart i feel the same way about it that you outline in the post. it's a sign of great things to come. redistribution, low volatility, sideways movement all point to Up if you look at it within the context of the Kendu ecosystem. tier 1 attention with the HTX community DAO event, Gate.io Alpha listing, and Kucoin wallet listing. Streetteam continuing our irl presence across the country at festivals with the help of Kendu energy. Kendu Games studio developing a stand alone game with partial profits buying back into Kendu. the list goes on and on. all of this together makes me extremely bullish for Kendu's future and i know we ken du it 🕊️

Kike328

they? who is they? all the community? all the miners? all the developers? all the users? all the investors? the DAO decision was the way to go, just look the state of ETC…

PreventableMan

Always has been, or, at least since they chose to altered their chain following the DAO controversy in 2016

Awkward_Potential_

I think there's just confusion at this point. I mean, Maker DAO already has a token, which has been rebranded to Sky but then they have Spark too? Why? I barely know anything about it but it seems too confusing.

PreventableMan

And just like wall street, Ethereum also reappropriate funds (See 2016 DAO fuck up) ETH is a shitcoin dressed up nicely.

bubbybeno

HBar because Recent key wins include a major agreement signed with the Government of Maharashtra (India) to build a first-of-its-kind “State Carbon Bank” on Hedera, an agreement with a government central securities depository to develop an equity tokenization platform, a PoC for a key integration for telco roaming settlements, an MVP for fan digital ID and ticketing solution, and a self-sovereign identity project for BEEAH Smart City. Other highlights include the launch of a Grant Management Platform for community empowerment and DAO for startup grants and a complete refresh of Hedera training and certification content in 30+ languages, including the integration of the Hedera Developer Certification (HDC) into the Metaverse Polyversity. Kamal and Stefan also discussed THA’s progress against its goal to support 100 projects per year under the DeepTech Venture Studio agreement signed with the Ministry of Investment of Saudi Arabia (MISA).

coolfarmer

What? ETH was not released in 2016; it was in 2015. The early 2016 price was around $5 to $10. It was nice until The DAO crashed it to $5 😂, what a day.

DBRiMatt

Arbitrum or $ARB is the governance token for the Arbitrum DAO. Arbitrum One and Arbitrum Nova are two blockchains which make up the Arbitrum eco-system.

Dreadsock

You're referring to this Understanding The DAO Attack https://share.google/q4Lpy7iFaPjdNn0QG So when a vulnerability was identified and fixed with 85% of the DAO voting for it? Quickly fixing a problem with the majority of DAO voting on chain is better than SOL being down ~seven or more times now and having voting in Discord.

8shadesofFDE

MOG, TOSHI,Cookie DAO

MyPizzaWithPepperoni

Cookie DAO is as close as it comes now on altas, IA agents hype is real, get on board before its too late!

Hitchie_Rawtin

oc.app | OpenChat Basically a DAO-governed Discord/Slack, has video chat, connected with multiple chains, doesn't use AWS or Azure for front or backend unlike some of its copycats.

Hitchie_Rawtin

The DAO has a veto but also a malfunctioning program will only work for as long as the canister remains funded, so you'd have to be implying whoever's being badly affected by the malfunctioning program would keep funding it indefinitely. If AI agents keep funding it, their funds are coming from somewhere up the line - whoever keeps filling its wallet needs to stop. Hardly rocket science.

gu45p

I was looking into the self custodial btc staking of Core DAO, as btc never leaves your wallet it is completely riskless

gu45p

Sure! so I do it with Core DAO, as it is self custodial the btc never leaves your wallet- no delegation, wrapped assets, change networks- none of that. I founf it the best way to keep custody while earning yield

MaximumStudent1839

> You can choose to see every innovation through a lens of cynicism,  Lol, "innovation".... Your shitcoin is basically a DAO token with a new buzzword "intersubjective work" token. No, what I have is not "cynicism". Cynicism is emotion-driven. I can reason through my skepticism. From a high level, my disposition is just a combination of statistical discrimination and Bayesian inference. From a low level, I see projects with broken principal-agent models, incentive problems, no data-driven reasoning on why X needs to be built to satisfy market demand, etc. Good grief! Even in the ivory tower academia with loads of BS overtheorizing, I haven't seen so much BS as here in crypto. At least in academia, ppl have conferences/workshops to rip each other apart on BS. Here in crypto, conferences all look like a big circus of self-congratulating circle jerks masturbating each other to attract VC money. You rarely ever see bad projects getting shamed by attendees for their flawed thesis on why it would ever attract any market demand. > foundational experimentation It is always fun to experiment on other ppl's money without real repercussions... >  you can recognize that building a decentralized future  Here is what I recognize. Talk is cheap. IRL, funding new projects often gets heavy scrutiny. The game is about building a product/service ppl will pay for. The entire idea is completely upside down in crypto. If this space had any level of scrutiny remotely close to the live TV show of Shark Tank, the crypto space wouldn't be in its current malaise. Such a pity we can't even meet a TV show standard. >**for the first time,** builders can create secure, decentralized services without facing the impossible cold-start security problem. So, all those apps on the ETH main net are just fairy tales? WTF?! > It allows this crucial infrastructure to rent security from Ethereum.  Bruh, a lot of your BS security is based on your "intersubjective work" token... please don't treat me like an imbecile. > That is the innovation. No, making a new DAO token as collateral along with ETH is not innovation.

gkendal

This. He could’ve used his fame for a meme coin. Then sat in Thailand with a couple mil, let the rest of it go up 100x in Bitcoin. But instead, he kept blaming the government. The guy was actually a software engineer who knew how to program a DAO or some crypto ICO. Sad.

epic_trader

>Jesus man, you can't accept it. The post-ETH DAO fork is a DIFFERENT BLOCKCHAIN than ETC and has DIFFERENT CONSENSUS RULES from ETC I can accept anything that is based on fact and can be verified, but none of your claims are true, you don't seem to know what you're talking about, and this very point you're making now doesn't relate to whether there was a rollback. >(I concur it is a bit esoteric how that fork was accomplished) I bet it would seem that way if you don't understand how this works, yes. >ETC has the most cumulative proof of work for any smart contract platform, look it up on wiki or whatever You're wrong and I don't have to look it up on a wiki or whatever, I've literally provided you with proof in the reply above. If you were a smarter and more honest person, you would look at the links, accept that I'm correct, take the L and move on. But I don't think you have the feintest idea what you're talking about, and you're probably incapable of actually verifying this for yourself, so I'm going to take your hand and explain exactly how you can use these links to prove which chain has more cumulative work and which chain is the *canonical* chain. The links above are from 2 blockchain explorers, one showing Ethereum blocks and one showing ETC blocks after the DAO fork which happened at block 1920000. Up until block 1920000 the 2 chains are identical because well, they didn't split. The amount of PoW is identical and that's why in block 1920000 for both blockchains, the "difficulty" and "total difficulty" are identical. In order to find the difficulty level on the ETC blockchain explorer, you have to click on "View details". "Difficulty" represents how much hash power mined the last block and is adjusted after every single block to make sure the next block is found after an average of 15 seconds. With more hashpower the difficulty goes up, with less hashpower it drops. "Total difficulty" is simply the combined difficulty number from every previous block. Because both chains share a history, it's trivial to prove which chain has the most cumulative proof of work because the "total difficulty" number is going to reflect exactly that. Immediately following the chain split, the chain where the most miners went will have the high total difficulty number. So figuring out who is correct in this discussion and which chain is the "original" according to your own definition, boils down to recognizing which of these 2 numbers are bigger. The higher number = more cumulative PoW. 39,495,109,617,178,927,573 - ETC total difficulty at block 1920100 39,497,170,367,613,719,972 - Ethereum total difficulty at block 1920100 Can you tell which of these 2 numbers is bigger or do I have to explain it to you?

sQtWLgK

Yes, "arbitrarily": The DAO proved that anything goes (considering that there's no stronger action than a confiscation). Also "majority consensus" of what? Only a very tiny minority of ETH stakeholders approved to do the fork. A majority of EF seats is what matters, because it's them who own the Ethereum trademark; the bongchain is only for the some and mirrors. Finally, that's absolutely not how Bitcoin works. Bitcoin isn't owned or governed by anybody. It hasn't ever hard-forked either: you can find nodes with the first version ever in the peer list.

YogurtCloset3335

Jesus man, you can't accept it. The post-ETH DAO fork is a DIFFERENT BLOCKCHAIN than ETC and has DIFFERENT CONSENSUS RULES from ETC (I concur it is a bit esoteric how that fork was accomplished). If you use your brain cell a little more, you'll figure out that ETC WOULDN'T EXIST if the ETH chain without the DAO hack transactions had more proof of work. ETC has the most cumulative proof of work for any smart contract platform, look it up on wiki or whatever. Reason is most smart contract platforms are just L2s for ETH or premined shitcoins.

sQtWLgK

Lol no. Nodes on either side of the fork don't recognize each other and so they don't count in any meaningful way. Formally, every hard fork implies letting the old chain die and start a new one with new rules. But with the DAO Fork, the original chain wasn't abandoned, mainly because the fork wasn't a technical upgrade but a bailout for friends.

siasl_kopika

>Decentralization has always been a central promise of the crypto world. slight error: decentralization is the central premise of the bitcoin world. Altcoins are all centralized inherently, either via low security budget, premiers, small dev teams etc. >But today, much of that decentralized functionality,ike lending, trading, stablecoins, and DAOs, is being developed primarily on Ethereum and other smart contract platforms. but what exactly are they "developing" ? Do you think stablecoins or DAO's have any future? Should turing complete contracts be involved in financial transactions? >And yet, a significant portion of the Bitcoin community rejects these developments. Yes, of course they do. Defi falls into two categories * Legacy centralized products (the oracle problem) * Gambling Both use cases of defi are essentially unnecessary, and both are better done with no blockchain.A centralized casino doesnt need to be an altcoin, it can just be a website or physical building. It could use bitcoin for payments for its victims, but it doesnt need any kind of shitcoin of its own. >What do you think? Is Bitcoin’s minimalist approach the way forward, or is the future of crypto being built in the DeFi space? Let’s talk. Defi is not the future; Its just a big pile of snake oil. Nothing we call defi is useful. Bitcoin is the whole of the space; it contains 100% of the innovation, and its implications are already world-shattering. Bitcoin is already comparable to the dawn of agriculture or the invention of fire. Its going to change human society radically. Whereas defi is just hot air and nothing.

RevolutionaryCup9494

Cookie DAO has dropped to a buy opportunity .14 cents right now.

oneawesomewave

The DAO!

wtf--dude

Just like the eth holder expected a healthy DAO

Objective_Digit

The quote does nothing for your argument. The DAO was not Ethereum. There was nothing wrong with Ethereum. It was hard forked simply to bail out the foolish DAO investors. This is not at all the same as the Bitcoin bug. Bitcoin is supposed to have 21 million coins, not billions. There's zero controversy fixing this as it favours no one party. And it was when Bitcoin virtually had no value.

Objective_Digit

The DAO "hack" was not respected. It was supposed to be an autonomous application. It should have been allowed to stand no matter how the money was taken from it. Therefore it was censorship.

epic_trader

It wasn't censored, the transactions took place and remain visible on the chain as part of the canonical chain. What actually happened was that the social layer came to consensus about moving the funds via a hard fork to another contract, honoring the intention of the smart contract rather than the poorly written code, in an event that hasn't repeated itself ever since. I know you want to spin this as something bad, but in reality it was a hugely important learning experience that significantly raised the standard to which smart contracts were written and emphasized the importance of properly auditing and vetting smart contracts. For instance, the year after Parity's smart contract wallet got hacked, twice, causing the loss of over $150 million. In spite of Gavin Wood and Afri Schoeden being very influential core developers and pushing really hard for the recovery of the funds, which several core developers also agreed with, and in spite of this being a really simply recovery that wouldn't disrupt any aspects of the blockchain or its history, the community were against a bailout due to the history and lessons of the DAO hack.

epic_trader

>So you claim I’m moving the goalposts to fit my narrativ Yep >but you’re clearly gaslighting truths Ethereum had a Hard Fork to cover the losses of a DAO I'm not and at no point did I deny that, suggest it didn't happen or downplay it. I correctly pointed out that it was an irregular state change, not a rollback, that's it. The reason why it's important to point this out, is that a rollback is a disruption that is equal to downtime or missing blocks, but what Ethereum did was move funds that were locked in a smart contract, into another contract, without disrupting the chain. If there'd been a rollback, people who had sent ETH to an exchange and traded them there for instance, might suddenly have had those funds again on Ethereum and that would have had huge implications. But that's not what happened. >I’m pointing out that Ethereum hasn’t been issue free for last 10 years No, what you claimed was that there'd been in a rollback, in response to a post that stated Ethereum had 100% uptime and never missed a block. I never stated, and neither did the post, that Ethereum had been "issue free".

Objective_Digit

It was a fix that favoured everyone - not one particularly party who had fucked up their funds (the DAO). Besides which, Bitcoin has almost no value then. The DAO alone was the biggest crowdfund in history at that point.

Objective_Digit

To fix a serious bug. Bitcoin was not supposed to have billions of coins. The DAO rollback was a bail out after a hack. There was nothing wrong with the ETH code. Not the same thing at all.

Objective_Digit

Ethereum classic is the original uncensored chain. "BTC maximalists" have nothing to do with it. >Bitcoin also had a fork to remove billions of bitcoin in circulation. Not the same thing at all. That was an existential problem that had to be fixed in its very early days. Bitcoin is supposed to have only 21M coins. The DAO roll back was a bailout for Vitalik and his pals. There was nothing wring with the ETH code itself.

barryl34

So you claim I’m moving the goalposts to fit my narrative but you’re clearly gaslighting truths Ethereum had a Hard Fork to cover the losses of a DAO I’m pointing out that Ethereum hasn’t been issue free for last 10 years

epic_trader

> So you’re saying they didn’t fork the chain because of DAO Hack No, I didn't say that, now you're moving the goalposts. I said that Ethereum didn't rollback the chain, the implemented an irregular state change. It doesn't matter that you can find an article that supports your claim when your claim is incorrect. https://ethereum.org/en/history/ https://blog.ethereum.org/2016/07/20/hard-fork-completed Maybe read these.

Signal_Reach_5838

You're right, Ethereum Classic lives on. ETH was forked and its previous position reinstated after the DAO hack, but not technically via a roll back.

Aaaaaaaaaafds

This update reads like the crypto version of a dark comedy and honestly, that’s why it's kind of brilliant. You rarely see projects embrace chaos with this much transparency and self-awareness. Most forks feel like rug pull dodges or exit plans. This one? It’s a 4-year meme saga that somehow keeps moving forward, confusing everyone while rewarding holders. That’s dedication. And just like $WHITENET, which also launched without shortcuts, VC games, or handouts, Eclipse DAO is banking on community resilience —not hype. Two totally different projects. One thing in common: they’re still here.

epic_trader

> The ETH chain with the DAO hack transactions had more cumulative proof of work behind it. You're lying bro. The DAO fork happened at 1920000. Look at the difficulty on both chains https://etc.blockscout.com/block/1920000 https://etherscan.io/block/1920000 https://etc.blockscout.com/block/1920010 https://etherscan.io/block/1920010 https://etc.blockscout.com/block/1920100 https://etherscan.io/block/1920100 If ETC had more miners or more cumulative work, why is the difficulty going up faster on Ethereum?

epic_trader

> If you're making semantic arguments why can't I do the same You can do that all you want, but that's not what you've done. Your argument seems to be that you googled the words "DAO" and "rollback" and found a bunch of poorly written and researched articles that uses the word "rollback" incorrectly as some sort of appeal to authority. Like I've already said, a rollback means reverting the state to a previous state and rolling back all the transactions in a particular block or sequence of blocks, which isn't what happened. Instead there was an irregular statechange which allowed the funds to be recovered by the DAO token holders. Technically the funds from the DAO contract and daughter contracts were moved into a new recovery contract from where token holders could redeem their ETH. >It also ignores the main point by distracting (using semantic arguments) from the main point which is that transactions on the blockchain were not permanent. No it doesn't. The only point I've ever argued was that technically it's not correct to say there was a rollback and it's not correct to argue that there's been any downtime or "missed blocks" which is what this post is about. You're the one who's now deciding to introduce a new "main point" because I presume you realise you've gone and wasted everyone's time by arguing about some BS you don't really understand.

epic_trader

>Did the hackers have their funds rolled back yes or no No, they did not have the funds rolled back. Why don't you look up what actually happened instead of mindlessly arguing a point you're wrong about? There wasn't any rollback. There was a hardfork which moved the funds from the DAO contracts into a new recovery contract from where DAO token holders could exchange their tokens for ETH. It wasn't a rollback, no transactions were reverted, the blockchain was not disrupted. >you know, package the roll back, censorship, unspend however you want. but it is clear as day as to what was and wasnt reverted. I already stated several times that what happened was a irregular state change, that's not a rollback. You were the one diving into a discussion about semantics so you don't get to move the goalposts now and pretend like it doesn't matter what you call it. You specifically insisted on calling it a rollback. >it doesnt matter how you package the mutability Yes it does. This discussion isn't about immutability, it's about whether or not Ethereum has had any downtime or "missed any blocks" in the last 10 years. You're arguing there was a rollback which disrupted Ethereum, I'm arguing there isn't. So it does matter, again you're trying to move the goalposts. >if the network agrees to make the chain not immutable thats fine, but it doesnt get to keep its immutability claim Who ever claimed immutability in all of this discussion? No one did.

edmundedgar

You're confusing the overflow incident with a different incident. There was another case where the chain split into two depending because of a bad BerkeleyDB configuration and there were two forks, and either one would have been fine. The chain is sort of available in this case because you can make sure your tx is in both chains so you have a confirmation either way. In the overflow incident, there was one chain for a while but it was bad because someone had printed a gazillion bit-coins. Until a fix was out and started getting blocks you had confirmations but there were on a doomed chain, so it was the same for you as the chain being down. This kind of thing didn't happen in the DAO bailout because the money was already frozen for two weeks, so it was possible to move it without affecting anyone else's transactions. If it had needed a rollback that had unconfirmed everyone else's confirmed transactions, it wouldn't have been done.

Ilovekittens345

I looked in to it. And it's true. Since the start of ETH, in 2015 the network has always been up. There have always been more then one node responsive to queries, always at least one node updating the state of the network block by block while the inbetween states where in the memory of the nodes. There was the DAO hack, but that did not stop the network from working. Neither did the hardfork. This is the power of decentralization. Take half the nodes that are the ethereum network down and the other half just continues like nothing is going on, and the network ... works.

YogurtCloset3335

I guess "rules are made to be broken"? The purists definitely hold their noses when this stuff happens. Also I think the crypto scene was small enough that they could roll back more easily. Now you see haxx 100x the size of the ETH DAO hack once per month, yet nobody even mentions rolling back the chain.

thegtabmx

>The chain was effectively down from when the DAO hack happened till it relaunched at the chosen block? No, that is quite literally not true. >Call me out here if I'm wrong, but I'm just calling it like I understand it. You are, so it seems you do not understand. >When a protocol upgrade is passed it's a soft fork No, almost upgrades can be hard forks or soft forks, but neither necessitate downtime. >Deciding to launch a new chain from a certain block hight is a hard fork, the original chain from with Ethereum came is now called Ethereum Classic Ethereum Classic did not hard fork from Ethereum. Ethereum hard forked with *the majority of consensus* when the majority of nodes/miners accepted the irregular state change. And there was no down time for either chain.