DAOs Are Not Scary, Part 1: Self-Enforcing Contracts And Factum Law

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By Ethereum Foundation Blog
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Article Summary

Many of the concepts that we promote over in Ethereum land may seem incredibly futuristic, and perhaps even frightening, at times. We talk about so-called “smart contracts” that execute themselves without any need, or any opportunity, for human intervention or involvement, people forming Skynet-like “decentralized autonomous organizations” that live entirely...

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Published:February 24, 2014 at 10:05 AM
Source:Ethereum Foundation Blog
Category:Crypto
Reading Time:~2 min on source

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