DAOstack: The future basis for decentralization

in #originalworks6 years ago

DAOstack: The future basis for decentralization



The arrival of blockchain technology has brought with it endless innovations, all or most of them have been focused on giving autonomy to people, popularizing decentralized organizations, where there is not only one authority or a small group of people who take the decisions, but that each action that is carried out is approved by all, or by the majority of the members. In this way a kind of global democracy is created, where everyone has the right to express their opinion, and "vote" or approve what they consider appropriate.

The decentralized organizations that have been formed to date, have been established independently and individually, there are very few decentralized organizations that work in conjunction with others. This may be due to a myriad of reasons, including the interests of the creators, and possibly the difficulty of integration that may exist between two decentralized organizations, in addition to the limitation of resources, or the same way of operating the organization.


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Given all this DAOstack has been constituted, offering a platform in which decentralized applications (DApps) will be constituted that will work with the same code of execution. In the same way, DAOs (Decentralized Autonomous Organizations) can be formed, which will work efficiently thanks to the decentralized decision making implemented by DAOstack plataform.

DAOstack is the operating system that will allow to create decentralized applications (DApps). It allows developers to apply the blockchain model to systems that are traditionally managed by a centralized authority or a group of people. The DAOs allow this by integrating the protocols in the block chain and using intelligent contracts to approve the decisions of the continuous operation of said DAO.

"DAOstack Tools

DAOstack is designed to make DAO implementation and creation easy. Towards that goal, there are a variety of tools and "layers". All of these tools are designed for seamless DAO integration.

ARC

The ARC is dubbed "the Wordpress of DAOs." It is a framework that allows the application of DAO to companies and organizations. The reason it is compared to Wordpress is due to its modular nature, allowing easy deployment of DAOs.

Arc.Hives

Arc.Hives is a registry that will contain data on all DApps and DAOs built atop of the DAOstack. It will allow for easy communication and networking between the individual components of the DAOstack economy.

Arc.js

Most well known websites and application have APIs. These APIs allow for more efficient integration of other applications. For DAOstack, Arc.js will allow developers easy of access to develop applications without having to know the native smart contract language - Solidity.

Alchemy

Alchemy is the user interface. This is what the users and developers will interact with on DAOstack.

DApps & DAOs

These are the final outputs of the platform. Utilizing all the tools mentioned above will allow the [DAOstack]>(https://daostack.io/) to be an entire ecosystem of DApps and DAOs
DAOstack enables the development of entire organizations in a way that enables them to scale effectively. This is done by decentralized decision making processes and streamlining growth."


Evolution

The DAOstack technology has the potential to evolve and improve together with the participation of people. As new applications are added, there will be more progress, experience, and evolution.

DAOstack GEN Tokens

The economy of DAOstack will work based on the tokens called GEN.

With the GEN tokens each user will be able to vote or bet on the initiatives of the projects, in this way can validate true projects and avoid corruption, this will also depend on the reputation that the voters have, and the quantity and quality of votes received.

DAOstack intro video:

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