DAO Security

Carlo Parisi () and Dmitriy Budorin ()
Additional contact information
Carlo Parisi: Hacken
Dmitriy Budorin: Hacken

Chapter Chapter 3 in Web3 Applications Security and New Security Landscape, 2024, pp 35-54 from Springer

Abstract: Abstract This chapter provides a comprehensive exploration of Decentralized Autonomous Organizations (DAOs), a groundbreaking innovation in blockchain technology and governance. It introduces DAOs as self-executing smart contracts, revolutionizing decision-making and resource allocation. Through compelling case studies, the chapter showcases real-world examples of DAOs, highlighting their successes and challenges. It addresses the vulnerabilities and hacks that have plagued DAOs, emphasizing the need for robust security measures. Additionally, it sheds light on the shadowy aspects of centralized DAOs, emphasizing the importance of decentralization principles. Looking toward the future, the chapter discusses potential advancements in DAO technology and governance, proposing innovative solutions to overcome current limitations. It contemplates the evolution of DAOs in shaping a more equitable and decentralized world.

Keywords: Web3; DAO; Blockchain; Governance; Immutable records; Tribe DAO; STEEM; Juno; Beanstalk; Mango market; Temple DAO; Attack vectors (search for similar items in EconPapers)
Date: 2024
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:fuobcp:978-3-031-58002-4_3

Ordering information: This item can be ordered from
http://www.springer.com/9783031580024

DOI: 10.1007/978-3-031-58002-4_3

Access Statistics for this chapter

More chapters in Future of Business and Finance from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().