Author Topic: Should we kill the DACronym?  (Read 19042 times)

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Offline Murderistic

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I think it's a mistake to "officially" drop the company metaphor. If Satoshi described Bitcoin as "p2p money", BitShares can be described as a "p2p company". It's a decentralized company on a blockchain that's censorship resistant and cannot be controlled by governments.

I fail to see why dropping the company metaphor is at all useful.

I agree on many levels.

Offline donkeypong

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Decentralized Autonomous Network (D.A.N.) ?

Edit: I like 'Company' best.
« Last Edit: November 10, 2014, 08:21:38 pm by donkeypong »

Offline feedthemcake

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Just thought of Distributed Automated Chronicle

chron·i·cle
ˈkränək(ə)l/
noun
noun: chronicle; plural noun: chronicles

    1.
    a factual written account of important or historical events in the order of their occurrence.
nice

Offline hadrian

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Just thought of Distributed Automated Chronicle

chron·i·cle
ˈkränək(ə)l/
noun
noun: chronicle; plural noun: chronicles

    1.
    a factual written account of important or historical events in the order of their occurrence.
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Offline Method-X

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I think it's a mistake to "officially" drop the company metaphor. If Satoshi described Bitcoin as "p2p money", BitShares can be described as a "p2p company". It's a decentralized company on a blockchain that's censorship resistant and cannot be controlled by governments.

I fail to see why dropping the company metaphor is at all useful.

Offline Vizzini

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Chain. The "c" is a chain. Decentralized Autonomous Chain.
Never go against a Sicilian when death is on the line.

Offline Chuckone

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I think we should keep using DAC.

Keep calling the C community, if we cannot be a company.

This community invented 'DAC', we shouldnt kill it off.

This is a good point... we should probably tweak the words we use for DAC but keep DAC.

Distributed is better than decentralized
Automated is better than autonomous or automatic
C*  - all of the above apply from various perspectives.

But it is autonomous, not automated, because it's people voting that decides into which areas of business the DAC will grow.

Yes you're right about the "strategic" decisions, they're not automated. Those decisions will most likely always be done by humans. But the whole day to day operation is automated and hard coded, that's what I think automated refers to.

Offline hadrian

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I think we should keep using DAC.

Keep calling the C community, if we cannot be a company.

This community invented 'DAC', we shouldnt kill it off.

This is a good point... we should probably tweak the words we use for DAC but keep DAC.

Distributed is better than decentralized
Automated is better than autonomous or automatic
C*  - all of the above apply from various perspectives.

Does it matter if it doesn't work as a noun? For example, would these be considered?:

  • Distributed Automated Consensus
  • Decentralized Approved Consensus
  • Decentralized Achievement of Consensus
  • Distributed Approval Consensus

By the way, if these were potentially viable, I think my previous suggestion of changing 'Decentralized' to 'Distributed' can be reconsidered!
« Last Edit: November 10, 2014, 07:46:51 pm by hadrian »
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Offline matt608

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I think we should keep using DAC.

Keep calling the C community, if we cannot be a company.

This community invented 'DAC', we shouldnt kill it off.

This is a good point... we should probably tweak the words we use for DAC but keep DAC.

Distributed is better than decentralized
Automated is better than autonomous or automatic
C*  - all of the above apply from various perspectives.

But it is autonomous, not automated, because it's people voting that decides into which areas of business the DAC will grow.
« Last Edit: November 10, 2014, 07:44:22 pm by matt608 »

Offline bytemaster

I think we should keep using DAC.

Keep calling the C community, if we cannot be a company.

This community invented 'DAC', we shouldnt kill it off.

This is a good point... we should probably tweak the words we use for DAC but keep DAC.

Distributed is better than decentralized
Automated is better than autonomous or automatic
C*  - all of the above apply from various perspectives.

For the latest updates checkout my blog: http://bytemaster.bitshares.org
Anything said on these forums does not constitute an intent to create a legal obligation or contract between myself and anyone else.   These are merely my opinions and I reserve the right to change them at any time.

Offline Ander

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I think we should keep using DAC.

Keep calling the C community, if we cannot be a company.

This community invented 'DAC', we shouldnt kill it off.
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Offline donkeypong

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"Community" is fine. I also like "company". It's not the same as "corporation" . See definition below from Dictionary.com (emphasis is mine):

Company
 noun, plural companies.
1.
a number of individuals assembled or associated together; group of people.
2.
a guest or guests:
We're having company for dinner.
3.
an assemblage of persons for social purposes.
4.
companionship; fellowship; association:
I always enjoy her company.
5.
one's usual companions:
I don't like the company he keeps.
6.
society collectively.
7.
a number of persons united or incorporated for joint action, especially for business:
a publishing company; a dance company.

Offline hadrian

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"BitShares is a platform for Decentralized Approved Consensus"

or "Distributed Approved Consensus"

DAC is hard to use as a noun in this instance :-\
« Last Edit: November 10, 2014, 07:22:12 pm by hadrian »
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Offline bytemaster

Distributed Automated C*
For the latest updates checkout my blog: http://bytemaster.bitshares.org
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Offline starspirit

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A Decentralised Economy