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dark DAO

2 statements across 1 episodes · 0 bullish · 2 bearish · 1 people on the record · first statement Feb 26, 2019 by Phil Dayan · across every show →

Everything said about dark DAO, oldest first

Feb 26, 2019 negative
Insight
Dayan: Mere existence of a Dark DAO can shake confidence in votes
“If I were to launch a dark DAO, I might not even need to necessarily have people participate in it. Just its existence might be enough to shake people's confidence in that underlying vote.”
Phil Dayan Feb 26, 2019 ▶ 22:24 a16z Podcast | Voting, Security, and Governance in Blockchains and Cryptonetworks
Feb 26, 2019 negative
Insight
Dayan: Dark DAOs can bribe Proof-of-Stake validators to execute consensus attacks
“So what you can do with a dark DAO is start a staking pool where I say, like, you know, let me do my algorithmic trading and decide what order of transactions makes me the most money. You don't necessarily care if someone who's doing a transaction on a DEX get…”
Phil Dayan Feb 26, 2019 ▶ 27:09 a16z Podcast | Voting, Security, and Governance in Blockchains and Cryptonetworks
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