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Main => General Discussion => Topic started by: fuzzy on April 21, 2015, 07:56:11 am

Title: What is a DAC to you?
Post by: fuzzy on April 21, 2015, 07:56:11 am

Please consider giving your own definition and why you lean in that direction.  Some may think of it as a Decentralized Autonomous Company...others a DACommunity or DACollective.  Maybe even a DACountry? 

Just as importantly, remember to say why.

Title: Re: What is a DAC to you?
Post by: xeroc on April 21, 2015, 08:01:41 am

Middle-man Replacement -- instead of paying fees to a single middleman you may pay the fee to a decentralized system that gives them back to shareholders (potentially yourself) :)

Title: Re: What is a DAC to you?
Post by: luckybit on April 21, 2015, 09:24:26 am

Quote from: fuzzy on April 21, 2015, 07:56:11 am

Please consider giving your own definition and why you lean in that direction.  Some may think of it as a Decentralized Autonomous Company...others a DACommunity or DACollective.  Maybe even a DACountry? 

Just as importantly, remember to say why.

Complex adaptive system.
(http://blogs.msdn.com/cfs-filesystemfile.ashx/__key/communityserver-components-imagefileviewer/CommunityServer-Blogs-Components-WeblogFiles-00-00-01-37-81/7356.Complex-Adaptive-System.jpg_2D00_550x0.jpg)

(http://www.sandia.gov/CasosEngineering/images/C_A_S_o_S_defs.png)

(https://paul4innovating.files.wordpress.com/2012/02/cynefin-model-for-types-of-innovation.png)

(http://www.easyonlinesystems.com/gswongwebsite/blog/files/ce-leadership-vs-management.jpg)
https://www.youtube.com/watch?v=APB_mhpsQp8

Title: Re: What is a DAC to you?
Post by: Ben Mason on April 21, 2015, 01:32:29 pm

A DAC for me is a set of rules, governed by consensus, that sits upon a network and enables participants to communicate freely and securely with digital information.

DAN - Decentralized Autonomous Network.

What I hope will emerge is a monumentally positive change in how the sum of human interaction manifests on this planet. 

Title: Re: What is a DAC to you?
Post by: yellowecho on April 21, 2015, 02:23:50 pm

Quote from: Ben Mason on April 21, 2015, 01:32:29 pm

A DAC for me is a set of rules, governed by consensus, that sits upon a network and enables participants to communicate freely and securely with digital information.

DAN - Decentralized Autonomous Network.

What I hope will emerge is a monumentally positive change in how the sum of human interaction manifests on this planet.

This.  To me a DAC is a DAN with a specific purpose and it's that function that defines the C.  A DAN can have a business model whereby its goal is to reduce costs and generate revenue making it a DACompany.. or a DAN can have a model where its sole function is to reach proper consensus (like VOTE) and so long as its revenue covers costs it can survive autonomously making it a DACommunity (or DACountry).  The intent of the DAN defines the DAC.

Title: Re: What is a DAC to you?
Post by: BunkerChainLabs-DataSecurityNode on April 21, 2015, 02:44:04 pm

DAC = People, Planet, Profit via swarm.

Title: Re: What is a DAC to you?
Post by: santaclause102 on April 21, 2015, 02:51:10 pm

For inspiration https://bitsharestalk.org/index.php/topic,3489.0.html

Title: Re: What is a DAC to you?
Post by: speedy on April 21, 2015, 03:19:36 pm

Quote from: xeroc ¯\_(ツ)_/¯ on April 21, 2015, 08:01:41 am

Middle-man Replacement -- instead of paying fees to a single middleman you may pay the fee to a decentralized system that gives them back to shareholders (potentially yourself) :)

+5%

Title: Re: What is a DAC to you?
Post by: fuzzy on April 22, 2015, 09:47:13 pm

Quote from: Ben Mason on April 21, 2015, 01:32:29 pm

A DAC for me is a set of rules, governed by consensus, that sits upon a network and enables participants to communicate freely and securely with digital information.

Nice call.  I like it. 

Quote from: Ben Mason on April 21, 2015, 01:32:29 pm

DAN - Decentralized Autonomous Network.

What I hope will emerge is a monumentally positive change in how the sum of human interaction manifests on this planet.

A DAN....oh the irony!