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comment by mk

The approach makes little sense to me. There should be specific goals and a time limit.

I'll probably vote no for this reason. I doubt a 20% quorum will be reached anyway.

They should have capped The DAO and run it as an experiment. If it must be split apart, so be it.

Deltron_0  ·  1785 days ago  ·  link  ·  

    a corporation without jurisdictional anchors

    Equally attractive to some is the fact that a blockchain-enabled organization is completely transparent and does not rely on a managerial class with high salaries to complete its functions. Everything is done by the code, which anyone can see and audit.

That is the goal. Ethereum is an experiment, especially today. It is not under the guise of a jurisdictional anchor, as most 'experiments' are today.

edit - by jurisdictional, I mean: power; authority; control.

veen  ·  1785 days ago  ·  link  ·  

Yeah, about that quorum - how likely is it that it will be reached? Or will we see a halving of quorums on almost every proposal?

mk  ·  1784 days ago  ·  link  ·  

I'm not sure. It's at 1.8% atm, but there are 12 days to go. Now that myetherwallet.com enables voting, it should help. Relatively few people use Mist.

My guess is that 20% is too high.