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  • Decentralized Autonomous Organizations (DAOs) Explained

    Decentralized Autonomous Organizations (DAOs) Explained

    Blockchains are already radically transforming our financial system. However, properties such as trustlessness and immutability aren’t only useful in monetary applications.
    Another potential candidate ripe for disruption by this technology is governance. Blockchains could enable entirely new types of organizations that can run autonomously without the need for coordination by a central entity. This article will give an introduction to what these organizations might look like.

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  • A Guide to MakerDAO and DAI

    A Guide to MakerDAO and DAI

    Stablecoins are great, aren’t they? It’s nice knowing that you can hold tokens without the risk of their price plunging overnight. Normally, you can do that because an entity promises to redeem each token you have for a fixed dollar amount. For example, you give them ten dollars and they give you ten tokens. Return them later, and you’ll get your money back.

    In essence, it’s fiat currency ported onto a blockchain. If we wanted to have this same system without a middleman that...
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