Should we kill the DACronym?

Started by bytemaster, November 10, 2014, 02:10:15 PM

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Ben Mason

I like decentralized application

Bitshares is a decentralized application enabling a global community to free world markets

Bitshares is decentralized software that records the transactions for a global community



G1ng3rBr34dM4n

I agree - "DAC" has the potential to back us into a corner that doesn't fully encompass the potential of BitShares

Quote from: bytemaster on November 10, 2014, 02:10:15 PM
BitShares is a global community using a decentralized application to produce the best money in the world.

I like the direction this is heading, but I believe there are a few key words from this description that may be too subjective to gain mass market understanding:

  • community
  • decentralized
  • application
  • best
  • money


Here's my attempt:

BitShares is a free market solution using open source software to purposefully design the most efficient worldwide monetary system.

vlight

People's Blockchain of Bitshares

::)

cass

and i like to see bitshares as a platform for building dapps ...
█║▌║║█  - - -  The quieter you become, the more you are able to hear  - - -  █║▌║║█

xeroc

Quote from: cass on November 10, 2014, 02:56:36 PM
you're BitShares
we're BitShares

why we try to couple it with existing words ... it's a completely new way of thinking, banking, voting etc ....my 2 cents

YES, BitShares can!  8)

xeroc


cass

you're BitShares
we're BitShares

why we try to couple it with existing words ... it's a completely new way of thinking, banking, voting etc ....my 2 cents

BitShares is you and me!
█║▌║║█  - - -  The quieter you become, the more you are able to hear  - - -  █║▌║║█

cass

█║▌║║█  - - -  The quieter you become, the more you are able to hear  - - -  █║▌║║█

JWF

I am in favor of dropping the "DAC" term. Running through the various synonyms for the 3 words does not give much that seems any easier to understand and explain to others though.

"Decentralized" is about as succinct as can you can get
"Autonomous" for sure should change as I have also had an issue with this word since people play a MAJOR role in this venture
"Corporation" has been struck
"Community" could work well
Other synonyms:
-Alliance
-Affiliation
-Collective
-Group
-Association


bytemaster

Quote from: btswildpig on November 10, 2014, 02:14:59 PM
community ,I would think of the old lady next door ...

collective , maybe more formal?

I don't think the A-autonomous is terribly accurate. 

For the latest updates checkout my blog: [url="http://bytemaster.bitshares.org"]http://bytemaster.bitshares.org[/url]
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.

btswildpig

community ,I would think of the old lady next door ...

collective , maybe more formal?
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bytemaster

Quote from: FreeTrade on November 10, 2014, 02:12:56 PM
Off the top of my head too -

I think the 'Bitshares is to corporation as Bitcoin is to currency' is going to be a helpful paradigm for the press to explain Bitshares when the time comes. Keep DAC.

The last thing we want is for the press to say BitShares is a corporation.
For the latest updates checkout my blog: [url="http://bytemaster.bitshares.org"]http://bytemaster.bitshares.org[/url]
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.

FreeTrade

Off the top of my head too -

I think the 'Bitshares is to corporation as Bitcoin is to currency' is going to be a helpful paradigm for the press to explain Bitshares when the time comes. Keep DAC.
"People should be more sophisticated? How are you gonna get that done?" - Jerry Seinfeld reply to Bill Maher

bytemaster

We have been using DA(CCCCC) for almost a year now and it has gained a wide acceptance, but despite this others have used DA Organization or simply Decentralized Application to describe the software.

Considering we cannot agree on what the C in DAC stands for and it is becoming quite clear to me that the "autonomous" part is a tad confusing considering the critical role that people and politics play in DPOS perhaps we would all be better off dropping the DAC term all together.   

BitShares is a global community using a decentralized application to produce the best money in the world.

I want to get rid of the use of "company" for the description of what BitShares *is* and instead rely on it only for the purposes of explaining the economic design for the purposes of aligning incentives.

These are just random thoughts off the top of my head.... what do you think?


For the latest updates checkout my blog: [url="http://bytemaster.bitshares.org"]http://bytemaster.bitshares.org[/url]
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.