Author Topic: What is a DAC to you?  (Read 1835 times)

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Offline fuzzy

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. 


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!
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Offline speedy

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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) :)

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Offline BunkerChainLabs-DataSecurityNode

DAC = People, Planet, Profit via swarm.
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Offline yellowecho

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.
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Offline Ben Mason

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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. 

Offline luckybit

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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.
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« Last Edit: April 21, 2015, 09:40:56 am by luckybit »
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Offline xeroc

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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) :)

Offline fuzzy

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.

WhaleShares==DKP; BitShares is our Community! 
ShareBits and WhaleShares = Love :D