Ten years ago the cryptocurrency market did not exist and blockchain technology was unknown to the world.1 As of the date of writing, the total cryptocurrency market cap stands at $364.5 billion and there are over 1,515 different cryptocurrencies.2 The growth in cryptocurrency markets is “without a doubt one of the fastest explosions of wealth…
Tag: Ethereum
The Legality of The DAO
The DAO (a for-profit Distributed or Decentralized Autonomous Organization) raised more than $100 million to support the sharing economy, making it the largest crowdfunded project in human history.1 However, a careful look at the constitution of The DAO reveals that its legal ambiguities contributed to the resolution of its infamous hack in June of 2016….