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Polygon co-founder Sandeep Nailwal and Stani Kulechov, founder of Aave, were among investors in a fundraise for Llama, a protocol aiming to provide easy-to-use tools for on-chain organizations. Llama, an access control and governance platform for smart contracts, raised $6 million during a seed funding round led by Founders Fund and
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United Nations Secretary-General António Guterres revealed the establishment of a 39-member advisory committee aimed at tackling matters related to the global regulation of artificial intelligence (AI) on Oct. 26.According to the announcement, the roster comprises individuals ranging from tech industry leaders, government representatives spanning from Spain to Saudi Arabia, and scholars
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Charles Hoskinson, co-founder of the blockchain platforms Cardano (ADA) and Ethereum (ETH), criticized the governance practices of Bitcoin. When asked about Cardano’s plans for on-chain voting and decentralized decision-making during an Oct. 16 interview with crypto YouTuber Coin Bureau, Hoskinson said this approach contrasts with the “inability to upgrade” he has
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Principles written almost 500 years ago by Niccolò Machiavelli — author of the controversial political work The Prince — are the solution to solving decentralized governance issues in autonomous organizations, according to a blog post by venture capital firm Andreessen Horowitz (a16z). The piece is signed by a16z’s general counsel and head
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PolkaWorld has announced its decision to cease operations after Polkadot’s treasury rejected its funding proposal. PolkaWorld, a community in the Polkadot ecosystem, raised concerns over treasury management under Polkadot’s new open governance platform, OpenGov, claiming that it negatively affects long-term ecosystem contributors. PolkaWorld cited numerous instances where the treasury denied organizations and
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Google Cloud announced a new partnership with the government of El Salvador on Aug. 29 to establish an office and provide Google Distributed Cloud (GDC) services in the country. The partnership aims to digitize the country, update government services and improve the healthcare and education systems. The GDC will also help
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Developers behind the Base and Optimism networks have jointly announced a revenue-sharing and governance-sharing agreement. Coinbase, the parent company of Base, has also published a list of “principles of neutrality” it will follow to prevent Base from becoming centralized. This announcement was made through three separate blog posts on Aug.
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Multichain bridging protocol LiFi has launched a multi-message aggregator for decentralized autonomous organization (DAO) governance, according to an Aug. 17 announcement from LiFi research lead Arjun Chand. If implemented by decentralized exchanges, lending apps, and other Web3 protocols, the new aggregator should help prevent governance attacks that originate from cross-chain
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Despite using crypto wallets for almost a decade, just a few weeks ago I fell for a scam. Many times, I have made some kind of error on a transaction. Ledgers are immutable, but transactions need not be. Any contract worth trusting should be able to reverse transactions that can
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Polygon Labs has initiated an expansion project, a comprehensive effort that aims to incorporate every blockchain and application operating on the Polygon network, intending to bring democratic principles to the upgrade process while encouraging participation from
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