Is DAO-Stack an Abstract Idea or Reality?

A DOA is a decentralized independent firm in which we can see the most complex shape of intelligent contract, where the rules made by the local official or firm of the decentralized organization are embedded into the digits of smart agreements, applying complex tokens governance regulations. A DOA is a firm that's controlled through regulations and coded in intelligent contracts and run on the modern block-chain. DOA's are internet platform societies with their resources planned according to laws agreed in advance and set-out in its code.

Smart agreement: it's a self-executing an agreement with the terms of GOVT among seller and buyer.

Decentralized firm work via signing system which is distributed feed back loops as means for aligning the personal with the team. The decentralized firm made an infrastructure of the process done via the local interaction among members and signaling system which are developed to make an independent system.

How DAO's work actually?

DAO is a public source tool able of modifications member consensus. They're presently made possible by the development of ETH. ETH is an open block-chain that works as a decentralized digital tool for executing P2P agreements. As mention earlier, a DAO is a firm that's managed via laws and coded in intelligent agreement and run on the block-chain. There're a lot of methods DAO is working such as tokens of trades, consensus, Proposal, Contracts, Autonomous, voting.

• Token of transaction: A DOA firm needs an internal procedure which is vulnerable in a few ways and it has the skill to use the procedure for rewarding some activities. DAO's doesn't have any hierarchical system, nor management or executives.

• Independent: By exploiting the unit which is autonomous of its makers and not influenced by exterior forces. In this way, they will eliminate the 3rd party participation in the financial deals.

• Proposals: The main way of creating a decision in DAO is the Proposals.

• Contractors: DAO can't build an item, write code or build up hardware. It requires a contractor to accomplish its aims. Contractors get allotted via voting of token owners.

• Consensus: In this component of DAO on stirring funds, most stake holders have to agree on the decision. If mistakes are found in the code, they couldn't be settled until a voting process has taken place.

• Voting: After submitting a suggestion, voting takes place. DAOs permit people to exchange financial value with any person in the world, like money raising, investing, borrowing, lending, without the assistance of any mediator, only by trusting the code.

How was the DAO decentralized independent firm exploited?

The DAO was made with an existing way known as the split feature. This feature allowed consumers to revert procedure and get back the ETH they sent to the DAO. If someone decided to split the DAO firm, they'd make their own kid DAO's and approve their suggestion to send ETH to an Address after a time of 28 days.

With this security problems were coming up and there was a huge company asking for a moratorium. Users of the ETH noticed that funds were being evacuated from the DAO and the overall ETH value of the intelligent agreement was going down.

A complete of 3.7 million ETH was evacuated by the internet hacker in just a few periods. The attack found die to exploit occurred in splitting feature. Than hackers withdrawal ETH from DAO smart agreement many times using similar DAO tokens which were possible due to recursive call exploits. This means the hacker can all on a split feature where attacker collecting ETH lot of times over a single deal.

What's DOA-Stack?

DAO-Stack is a full platform for collectives to independent across any shared aim interest key values. The initial suggestion of designing DAO-Stack that was not to make a specific protocol or specific application, but rather to build easy system which you can manage well. With DAO-Stack we'll be capable to pick the ideal governance model template and applied rapidly using the DAO-Stack technology layer that is the method this universe is going to work in the upcoming times.

With the help of DAO-Stack, you can make an interest and the advantage of individual and the interest in the advantage of the collective. The initial parts of the DAO-Stack are the voting structure that'll be decentralized, resilient, simple and scalable.

A Governance structure is essentially a state structure which collects inputs from agents and below regulations decides the next state of the line. Agents can place ideally four diff acts to the DAO, they're submitting a suggestion, sharing ETH to claim shares, voting yes or no and sending the payment token back to argue their share of ETH reverse from the DAO.

There're few other main components to the DAO-Stack:

• First D application on the system is named Alchemy, which will offer an interface for the consumer to with DAO and the Arc, allowing everyone to configure DAO's then build suggestions and vote on them and participate on projects.
• Arc is the layer of the DAO-Stack that'll exploit the underlying intelligent agreement for the DAO. It'll contain public source modules of other DAO's that allowing everyone to build, identify and maintain their DAO's.
• Arc.js is the JAVA SCRIPT; it's basically allowed 3rd party applications simple to integrate into DAO's.
• The achievers are responsible shared prepared data to make sure integrity & quality.

Token Details

• PUBLIC SALE:24 APR 2018 - 22 MAY 2018
• TICKER: GEN
• TOKEN TYPE: ERC: 20
• BOUNTY: YES
• COUNTRY: ISRAEL
• SOFT CAP: 30,000,000 USD
• ICO TOKENS PRICE: 1 GEN = 1.00 USD
• HARD CAP: 30,000,000 USD
• TOTAL TOKENS: 100,000,000
• AVAILABLE FOR SALE: 40%
• KYC REQUIRED: NO
• ACCEPTS: ETH

TOKEN DISTRIBUTION

• Contributors: 10 percent
• Buyers: 40 percent
• Future contributors: 10 percent
• Genesis DAO: 40 percent

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For any kind of further details please use these links:
• Official website: https://daostack.io
• YouTube: https://www.youtube.com/channel/UCX4GNxoP4GdGQk7pUp0j6JA/videos
• Twitter: https://twitter.com/daostack
• Telegram: https://t.me/daostackcommunity
• Whitepaper: https://daostack.io/wp/DAOstack-White-Paper-en.pdf

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prepared by: https://bitcointalk.org/index.php?action=profile;u=1882134;sa=summary
myetherwallet: 0x2BAE99200F4b0904ed29f6DF2c5677D676614E17