Last Night A Distributed Cooperative Organization Saved My Life: A brief introduction to DisCOs

Written by stacco | Published 2019/07/31
Tech Story Tags: decentralized-autonomous-org | dao | distributed-cooperative-org | disco | disco-project | disco-framework | disco-stack | hackernoon-top-story

TLDR Stacco Troncoso and Ann Marie Utratel write about the DisCO framework. DisCO is an alternative to the Decentralized Autonomous Organizations, or DAOs. DAOs are blockchain-based entities that can execute payments, levy penalties, and enforce terms and contracts without human interaction. They can earn their own money, and contract and pay for services — they can actually create and wield their own economic power, according to the interests of their programmers. The DisCOs are a cultural and structural framework combining from other forms of decentralization into a practical toolkit that benefits from the potential of the Distributed Ledger.via the TL;DR App

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Written by stacco | Stacco Troncoso teaches and writes on the Commons, P2P politics and economics, open culture, post-gr
Published by HackerNoon on 2019/07/31