DAOstack is an important invention towards the ecosystem operated virtually. It is an operating system for collective intelligence. It is the toolkit for an exponential organization that gets all its energy from the decentralized companies, funds, and markets. It makes faster and innovative decisions at scale. The base of the DAOstack is depended on the Arc as it is modular for an adaptive framework. It is the governance and collective value management throughout the blockchain.
Governance Issues
DAOstack deals with a number of immediate issues for dealing with the governance system. This includes:
It would be hard to recruit the majority of FND holders for voting on one proposal. These issues are related to the governance of scalability.
It might become corrupted by 51% of attack saying there is $100m worth of ETH into the Fundis wallet. It will cost around $60 million to purchase half of the FNDs into the market. Then the agent will be enough for making up a liquid in order to make a purchase for more than half of the FNDs into the market. This will immediately create a proposal for sending ETH at his own address, with an easy hit for $40 million. Such problem is related with the resilience to cover the rest.
Whoever holds more tokens, they would make the best investment decisions as it is not a deal breaker. But this might lead to a pretty ineffective investment fund. It makes tension to the meritocracy eligible for another important criterion.
The further illustration for additional attacks can be generated through the proposal for distribution of Fundis. As ETH addresses to vote on the proposal of pro rata. At the beginning of decent agents, this will remain apart from the approval of the cunning proposals. It will begin with the decent agents. As soon as the first approval comes, the pressure for approval goes higher but it has no way of losing the money but still. This will be an avalanche effect taking place for the approval of the cunning proposals to be approved. The demonstration of the resilience is tricky in the issuance of coins.After the creation of Fundis and this will create and realize that the governance system has some flaws and it cannot be done much of it since Fundis is the governance system is not upgradable and other criteria can be imposed.
Reputation System
The weighing votes of agents can have for their native token stake. Also, the companies can have some different balance sheets for denoting the influence of agents beside the insider votes. The source of reputation is non-transferable and it depends on the asset of the agents as they cannot transfer their reputation to the agent. Reputation is used here for interchangeable influence power that can be formed on the basis of a meritocratic governance system. These are most appreciated for the past contributions having most of the influences.
It has one way of allocation for the reputation of the agents through the proposals. It can also be tied algorithmically with the economic remuneration of the company in order to make a contribution to the value. It is done through one’s votes and evaluation from relative to the collective. Such topic is also known as reputation flow. This can even be covered with somewhere else for the reputation systems alone to solve the maximum problems of the past token-based governance system by the remaining unsalable items.
DAOstack enables the creation of interoperability of web companies. It has collaboration with apps and DAOs for the crypto-economic alignment and the Holographic Consensus protocol can enable a scalable consensus results for an open collaboration to the newer webs. The process is useful for the users ensuring true transactions.
WEBSITE : https://daostack.io/
WHITEPAPER : https://daostack.io/wp/DAOstack-White-Paper-en.pdf
BLOG : https://medium.com/daostack
MEW ADDRESS : 0x75062258225442C1A11eb49045Bc0e774e947C08