Saved by Pawan Rochwani
A Political History of DAOs
“Instead of a hierarchical structure managed by a set of humans interacting in person and controlling property via the legal system, a decentralized organization involves a set of humans interacting with each other according to a protocol specified in code, and enforced on the blockchain,” Buterin wrote in 2014.
Friends with Benefits (FWB) • A Political History of DAOs
The idea of linking technological principles of decentralization to a sociological theory of political decentralization continues to inform public blockchain communities today.
Friends with Benefits (FWB) • A Political History of DAOs
FROM CYPHERPUNKS TO WEB3:
Friends with Benefits (FWB) • A Political History of DAOs
In 2009, Cypherpunk Hal Finney became the first person to transact Bitcoin as well as the first maintainer of the Bitcoin software code base.
Friends with Benefits (FWB) • A Political History of DAOs
This presented the idea of Bitcoin, a “peer-to-peer electronic cash” representing the first public, permissionless, cryptographically secure peer-to-peer protocol.
Friends with Benefits (FWB) • A Political History of DAOs
In 2008, a group of developers released a whitepaper on the Cryptographers Mailing List.
Friends with Benefits (FWB) • A Political History of DAOs
The Cypherpunks used their mailing list to document various attempts at building an electronic coin network. This included “e-gold,” in 1996; an anti-spam proof-of-work algorithm called Hashcash by Adam Back; an anonymous proof-of-stake electronic cash network in 1998; and Bit Gold, a proof-of-work string of cryptographic hashes by Nick Szabo in 20... See more
Friends with Benefits (FWB) • A Political History of DAOs
They hoped these technologies would make it possible for people to inhabit “temporary autonomous zones” — the socio-political tactic of creating temporary spaces in the physical world or cyberspace that elude formal systems of control.
Friends with Benefits (FWB) • A Political History of DAOs
The Cypherpunks were interested in harnessing cryptographic tools to build anonymous communication networks and markets without government censorship.
Friends with Benefits (FWB) • A Political History of DAOs
FROM CRYPTOGRAPHERS TO CYPHERPUNKS (1990S - 2008):