PARALLEL UNIVERSES – THE DAO, PART 3 29. 11. 2016. The previous part explained that following the robbery of the decentralized company called The DAO, Ethereum’s blockchain eventually permanently forked. This was not the original intention of the community. Read more about PARALLEL UNIVERSES – THE DAO, PART 3
THE FALL OF A VIRTUAL COMPANY – THE DAO, PART 2 23. 11. 2016. The DAO’s owners were massively shocked on 17 June. An unknown hacker found a loophole in the smart contract regulating the decentralized company and exploited it to steal 3.6 million ether. Read more about THE FALL OF A VIRTUAL COMPANY – THE DAO, PART 2
THE RISE OF A VIRTUAL COMPANY – THE DAO, PART 1 22. 11. 2016. One of the most interesting innovations of the past years has been the creation of the “world computer”, the Ethereum, which enables the signing of smart contracts. By further developing bitcoin’s technology, it creates a virtual interface on which participants who want to do business with each other can enter into contracts. The contracts are then implemented automatically; there are no options for subsequent tricks or manipulation. Read more about THE RISE OF A VIRTUAL COMPANY – THE DAO, PART 1
