Post
Topic
Board Altcoin Discussion
Re: The Ethereum Paradox
by
iamnotback
on 17/06/2016, 23:47:24 UTC
Just because Tual can't code worth a shit doesn't mean the DAO as a concept is dead.

Sure , DAO's and smart contracts in general are fine to research and test  (not "Th DAO"), but they are also incredibly difficult to execute and find use cases for so I am a bit skeptical when people create ICO scams and crowdfund for these toys. Like bitcoin, people should create working concepts first and than allow the market to determine the value afterwords.

Okay I agree that pooling $168 million into one DAO (on 2000 lines of unproven Sol code) was ridiculously risky.