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DAO, blockchain and cryptography : a conversation with Quinn DuPont
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Gkikaki, Mairi, Rowan, Clare and Dupont, Quinn (2020) DAO, blockchain and cryptography : a conversation with Quinn DuPont. Exchanges: the Warwick Research Journal, 7 (3). pp. 103-117. doi:10.31273/eirj.v7i3.594
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Official URL: https://doi.org/10.31273/eirj.v7i3.594
Abstract
In Classical Athens, as well as in our modern digital era, governance has been achieved through tokens. Tokens enabled voting on projects, representation, and belonging. The Distributed Autonomous Organisation (DAO) launched on the basis of cryptocurrency and blockchain technology was conceived as a form of algorithmic governance with applications in the organisation of companies. The visionaries of the DAO envisaged, among other things, a new form of sociality, which would be transparent and fair and based on a decentralised, unstoppable, public blockchain. These hopes were dashed when the DAO was exploited and drained of millions of dollars' worth of tokens within days after launching. The conversation published in the present article is conceived as an interdisciplinary discussion about the phenomenon of the Decentralised Autonomous Organisation and its impact on perceptions of sociality. Topics include the idea of the DAO as an algorithmic authority, the lessons learned when the project failed, the revolutionary beginnings of cryptocurrency technology and its potential in voting technologies, as well as the changing notions of cryptography in light of cryptocurrency technologies.
| Item Type: | Journal Article | ||||||
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| Subjects: | A General Works > AZ History of Scholarship The Humanities C Auxiliary Sciences of History > CJ Numismatics H Social Sciences > H Social Sciences (General) H Social Sciences > HB Economic Theory H Social Sciences > HG Finance H Social Sciences > HT Communities. Classes. Races Q Science > QA Mathematics > QA76 Electronic computers. Computer science. Computer software |
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| Divisions: | Faculty of Arts > Classics and Ancient History | ||||||
| Library of Congress Subject Headings (LCSH): | DuPont, Quinn, Blockchains (Databases) , Database security, Cryptocurrencies, Cryptography, Tokens | ||||||
| Journal or Publication Title: | Exchanges: the Warwick Research Journal | ||||||
| Publisher: | Institute of Advanced Study | ||||||
| ISSN: | 2053-9665 | ||||||
| Official Date: | 26 June 2020 | ||||||
| Dates: |
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| Date of first compliant deposit: | 22 January 2021 | ||||||
| Volume: | 7 | ||||||
| Number: | 3 | ||||||
| Page Range: | pp. 103-117 | ||||||
| DOI: | 10.31273/eirj.v7i3.594 | ||||||
| Status: | Peer Reviewed | ||||||
| Publication Status: | Published | ||||||
| Access rights to Published version: | Open Access | ||||||
| Copyright Holders: | The authors | ||||||
| RIOXX Funder/Project Grant: |
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