DAOSTACK Project in detailed

in blockchain •  7 years ago 

daoStackCover.jpg

DAO is the agencies that are operating with some smart contracts on the blockchain. It complies with the demonstrable rules and it can never be broken but changeable according to the rules. It can or cannot be self-contained depending on the preferred governance system. It deals with a single point to control or failure into the organization.

It synchronizes with the agents to identify the biology as stigmergy activated by the encouragement of a code. Therefore, DAO is organizing the entity for a larger and better resembles for the organism rather than the organization. Into the processing of activation of control, some of the data get missing and those missing files are the DAOstack. Being an operating system for a collective engine, it acts as a toolkit for exponential organizations.

Scalability

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The decentralized system is inherent by the tension for the scalability of decentralized governance system with the resilience. The decentralization system needs to open for some random participants that belong to some certain rules for using an open protocol. Participants are required enough for the resilience in terms of making reviews for every sort of decisions.

It might face some tension regarding the scarcity of resources of participant’s attention. Sometimes they become confused regarding the computing power of blockchain or human attention to the DAO governance. It is arguable that there are three simple ways for resolving the tension of scalability and resilience to some extent. It accompanies the decentralized governance system for compositionality, attention to the monetization and relative majority. The blockchain, therefore, builds a decentralized governance system through the mechanisms for the analogous to sharding, gas, and off-chain computations.

Compositionality

DAOstack-benefits.png
The governance system considers two different cases. The first one has nine agents of a company with an equal number of votes and to the next one; it consists of the agents of a company that equals with the votes. It is composed of three agents with equal votes. The sub companies are casting these votes into the mother company sooner bit develops the decision by means of the support for the internal majority. For the first case, it needs attention and consensus of five human agents. This will cast a decision in support of the mother company.

On the other hand, it will be sufficient to get a consensus of four human agents into the second scenarios to make a decision I favor of the mother company. It can be emphasized with a simple illustration of an example for the fact of the compositionality or fractalization of the governance systems by means of making the system more scalable. It has compromised resilience that has been taken over the system by a lesser number of human agents. It was observed that none of the configurations of these four human agents follows the second scenario in terms of generating decisions for the mother company. The deeper the scrutiny can be shown for the different assumption, the resilient the second case can become weaker or stronger.

Monetization of Attention

The generated decisions will need the attention of voters. The decisions are required for evaluating the attention will be in need. Yet, the attention has a scarcity of resources to formulate a resilient decentralized decision-making system. With the attention of monetization, it will reflect the inherent scarcity.

Even the Bitcoin Blockchain has formulated for maintaining the transaction fees and the Ethereum Blockchain has gas. Now DAO governance of attention also requires monetized tokens for reflecting the community of agents as their attention will always be called for. The decisions taken for DAO has likely to have the DAO token. The inter-DAO activity will use GEN the token of the DAOstack ecosystem. This will ultimately monetize the attention as it cannot buy decisions but can purchase the attention proposals.

Website Of DAOSTACK : https://daostack.io/
Whitepaper Link : https://daostack.io/wp/DAOstack-White-Paper-en.pdf
Etherum Address : 0x62C4d0DF046F3D13d4d822eE2BC1129353faD019

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Great stuff here thank you bring here your idea !!!

Nice view of DAO project thanks