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Show HN: Aragon – Everything you need to run your company on Ethereum

aragon.one

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Re: Show HN: Aragon – Everything you need to run your company on Ethereum

#3
This is Jorge, Tech Lead at Aragon, a platform for creating companies on top of the Ethereum blockchain (DACs). Here is our launch post and mission statement: https://medium.com/aragondec/introducing-aragon-unstoppable-...

We are still early, but we are now in Alpha stage. We have published a small sneak peek of what we are building on aragon.one so you can try out how managing an Aragon company will be like.

Our ambition is for Aragon to be the backbone of a new generation of companies that will thrive in the new decentralized economy. We have focused on building a modular system, in the frontend and in the smart contracts, so modified versions for specific company types/industries could be build (pe. Aragon for Hedgefunds, Aragon for Non-Profits or Aragon for Open Source projects).

Aragon is a fully decentralized app that only needs having a connection to a Ethereum node in order for the core functionallity to work. We will be packaging it and distributing in a Electron binary for ease of use with non-iniciated users. We have integrated Metamask in Electron, so the app can be standalone (more on this soon).

Even though every screenshot in the website and the demo is live code running against the EVM (via TestRPC) and the alpha is working, we are not open sourcing the contracts for a couple of weeks (some cleaning and refactoring needs to be done before they are ready to be public). All the frontend code will be open source too, but we don't have a specific timeline for this. We are open source first and open source only, our core technology needs to be open source so it can be under the scrutiny needed for Aragon to be a secure technology.

Re: Show HN: Aragon – Everything you need to run your company on Ethereum

#6

I don't get the "shareholder" scenario. How can this work with any legal and/or financial/banking regulations?

Or the "Adding a new employee to your payroll is as easy as creating a recurring payment" scenario. Good luck having the Spanish Social Security Institute accept the mandatory monthly payments (cotizaciones) in ETH...

Re: Show HN: Aragon – Everything you need to run your company on Ethereum

#7
post #5

So what happens when someone finds a flaw in the contract and empties you out?

That's why initiatives such as https://openzeppelin.org are needed.

We build on top of them and all our contracts will be throughly audited before going into production

Re: Show HN: Aragon – Everything you need to run your company on Ethereum

#8
post #3

This is Jorge, Tech Lead at Aragon, a platform for creating companies on top of the Ethereum blockchain (DACs). Here is our launch post and mission statement: https://medium.com/aragondec/introducing-aragon-unstoppable-... We are still early, but we are now in Alpha stage. We have published a small sneak peek of what we are building on aragon.one so you can try out how managing an Aragon company will be like. Our amb…

Conceptually I like the idea of running our company on this. But do you have any sort of insurance in case something goes horribly wrong?

I'd probably be willing to use this for a side project, but I feel like the prospect of saving even a substantial amount of legal fees isn't enough to risk everything on a new technology that would be a full-time job to actually understand.

That's not to say it's not a good idea, because it is a good idea, but there's a really big lift in terms of getting mainstream adoption.

Re: Show HN: Aragon – Everything you need to run your company on Ethereum

#10
post #3

This is Jorge, Tech Lead at Aragon, a platform for creating companies on top of the Ethereum blockchain (DACs). Here is our launch post and mission statement: https://medium.com/aragondec/introducing-aragon-unstoppable-... We are still early, but we are now in Alpha stage. We have published a small sneak peek of what we are building on aragon.one so you can try out how managing an Aragon company will be like. Our amb…

What language are the contracts written in? Do you have a specification of that language?

EDIT: Nevermind, I see in an another comment that you're using Solidity. Thanks for the answer!

Now I have a new question. What do you think about the claim that, "Solidity, while being an interesting proof of concept, is dangerously under-contained and very difficult to analyze statically." (http://www.stephendiehl.com/posts/smart_contracts.html)

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