Have questions about basic definitions?

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  • Have questions about basic definitions?

    Posted by DrRon Suarez on September 29, 2023 at 10:44 am

    Commons-based peer production (CBPP) has the potential to disrupt centralised capitalist production and state management through the decentralised use of the Internet and open-source technologies.

    Blockchain is open-source software and, as such, it belongs to the digital commons. Smart contracts developed on top of layer 1 (protocol) of Blockchains enable the creation of decentralised applications such as distributed autonomous organisations (DAOs), which are controlled by the organisation members according to the pre-agreed rules of the smart contract. DAOs are an assemblage of online peer-to-peer communities that seek to coordinate for a common purpose without the need for a central authority.

    DrRon Suarez replied 5 months ago 1 Member · 0 Replies
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