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Graham Novak
@novak
The Law Commission of the United Kingdom just published a huge paper (289 pages) on DAOs today. It's really good, but unbearably long. For all of you with TikTok attention spans, I've got some goodies for you:
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Graham Novak
@novak
Setting the Scene. The commission absolutely NAILs the common philosophical goals of DAOs. They touch on transparency, decentralized decision making, censorship resistance, incentives, and the allowance of pseudonymous participants
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Graham Novak
@novak
Impressive Nuance. The commission has a clear understand that there's heavy disagreement about simple things, like the A, of DAO, "Autonomous," referencing "independent from jurisdictions" or "automatically executed by smart contracts"
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