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Have you guys heard of Ethereum?
Chiefless Company Rakes In More Than $100 Million
Group called DAO is running itself via computer code
By
PAUL VIGNA
Updated May 16, 2016 2:50 p.m. ET
Can a company run itself without executives or managers or a board of directors? One of the more radical experiments in technology aims to find out.
A group called DAO, which stands for Decentralized Autonomous Organization, is running itself via computer code on a network. Every operating detail, from governance to day-to-day operations to payment schedules, is laid out in the code that runs the company.
DAO was a failure and it resulted in the Ethereum blockhain being hard forked. Now we have ETH on the non-DAO fork and ETC (Ethereum Classic), trading for a little less than 10% of the value of ETH.How about that DAO
It is a little more than a year, but Ethereum is booming again and rose to $170 in the past few days. I sold half of my stack for $30 some time ago but still have an amount in my wallet. Because I reinvested part of my profit in Waves I am happy to see that those also seem to rise steadily and not appear to be affected too much by fluctuations of the Bitcoin price.Wow, it seams like just yesterday that Ethereum was only .30 cents. I should have made a $10 price prediction last year!
I hope a year from now I stumble across this post and Ethereum is over $100 per ether.
(my 365 day prediction: $117 per Ether on March 27 2017)
Wow, it seams like just yesterday that Ethereum was only .30 cents. I should have made a $10 price prediction last year!
I hope a year from now I stumble across this post and Ethereum is over $100 per ether.
(my 365 day prediction: $117 per Ether on March 27 2017)
Wow, it seams like just yesterday that Ethereum was only .30 cents. I should have made a $10 price prediction last year!
I hope a year from now I stumble across this post and Ethereum is over $100 per ether.
(my 365 day prediction: $117 per Ether on March 27 2017)




