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Public Policy Objective #1 - (Presumptive) Chain Address #2

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drllau opened this issue Jan 21, 2022 · 0 comments
Open

Public Policy Objective #1 - (Presumptive) Chain Address #2

drllau opened this issue Jan 21, 2022 · 0 comments

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@drllau
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drllau commented Jan 21, 2022

Using the COALA Model Law for DAO (drllau commentary iteration over LexDAO policy stance wrt DAO legislation (continuous improvement) with the latest Wyoming LLC DAO amendment for hackathon.

DAO Permissioned vs Permissionless

COALA commentary

Permissionless Blockchains can be distinguished from permissioned blockchains, in
which blockchain software is deployed by a narrow subset of pre-defined actors by a
series of predefined accounts and can therefore be considered centrally controlled
and coordinated. Permissioned blockchains are more akin to a traditional private
corporation or foundation in terms of having centralized governance,, and, as such,
applications on permissioned blockchains do not require new legal frameworks to
operate.

LexDAO position (Technology Neturality)

Whether private/public permissioned/permissionless should not be a major factor.

Difference

Eg Trust Company which are permitted to be LLCs could be on private chain but bridge to a public on-off ramp.

@drllau drllau changed the title Public Policy Objective #1 Public Policy Objective #1 - (Qualified) Public Address Jan 21, 2022
@drllau drllau changed the title Public Policy Objective #1 - (Qualified) Public Address Public Policy Objective #1 - (Presumjptive) Chain Address Jan 21, 2022
@drllau drllau changed the title Public Policy Objective #1 - (Presumjptive) Chain Address Public Policy Objective #1 - (Presumptive) Chain Address Jan 21, 2022
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