Show HN: Aragon – Everything you need to run your company on Ethereum • Hacker News Board

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

#121

Post by elastic_church » Sat, Feb 11, 2017, 5:48 PM UTC

Jd wrote: post #32

My 'cryptoequity' project was on the Hacker News front page a couple years ago ( https://news.ycombinator.com/item?id=7992667 ), in which many commentators noted that many high value applications were probably illegal. As enthusiastic as I remain about the overall premise of equity replacements issued on cryptographically secure ledgers (including Etheruem, which I started with by running the educational channel Ethe…

You just do exactly what ethereum did. Pay off a securities regulator in the smallest state of Switzerland to say it isn't a security while simultaneously getting an opinion letter in the US saying the same thing.

Sovereign sanctioning and alot of capital

SEC hasn't challenged it yet though but I mean, you can be rich and bring your project to the world.

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

#122

Post by drdeca » Sat, Feb 11, 2017, 9:04 PM UTC

joosters wrote: post #74

anigbrowl wrote: post #61

Earlier quoted context omitted.

Yeah but what if a DAO doesn't have a physical office that can be shut down? It's very difficult to stop the spread of something people want to use, and will only become more so.

The DAO didn't need a physical office for it to be 'hacked' and drained. And a car sharing scheme would need physical cars, making it pretty easy to take down the system or haul the car owners to court if the service is breaking laws.

It ("The DAO") did need a mistake in how it was written though...

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

#123

Post by urbushey » Sat, Feb 18, 2017, 7:55 AM UTC

igk wrote: post #71

haywirez wrote: post #64

Earlier quoted context omitted.

Isn't this fully addressed by decentralized arbitrators and reputation systems, with a solid economic incentive setup? After all, we are just remaking human civilization on top of more efficient, modern platforms...the same old mechanisms will apply, they'll just (hopefully) work faster & better.

Thing is, that's not how it's pitched, and the trade-off needs to be worth it. I personally would rather we found a way to do verifiable e voting (no idea how though, some cryptographic way to sign the logic used to express the program so you can verify it's the thing everyone agreed on?) and remade our cooperation systems into a working version of libertarian communism/syndicalistic anarchism. IIRC rojave is trying…

Rojava? Do you have a source? Interested in hearing more.