BitShares Forum

Main => General Discussion => Topic started by: BitSharesThesis on May 31, 2017, 03:07:43 pm

Title: How to create a DAC?
Post by: BitSharesThesis on May 31, 2017, 03:07:43 pm

Hi everyone,

I'm a student from the Netherlands and I'm currently writing my thesis about a.o. blockchains and BitShares.

What are the basics to create a DAC? What does one need to do? Does this happen on the BitShares network?

I know it needs to be decentralized, have a set of company rules to run on their own, and have costs and revenues like normal companies. But other than that it still is a little bit unclear to me.

I don't need all the techy details at the moment, just a clear general overview on how to do it.

Thanks in advance!

Title: Re: How to create a DAC?
Post by: DestBest on May 31, 2017, 03:32:21 pm

Hello and welcome !

Bitshares is a DAC.
Bitshares is built on the Graphene Toolkit (http://docs.bitshares.eu/ (http://docs.bitshares.eu/))
Using the Graphene Toolkit you can create a DAC.

Your DAC needs to have witnesses (block producer).
Your DAC needs to sell a service in order to be profitable.
You need to customize the Graphene Toolkit of your DAC for it to better sell its services.

Example: https://www.peerplays.com/ (https://www.peerplays.com/)