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Daniel Kahn
Works at Google
Attended Wharton, HKS, Tufts
Lives in washington
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Daniel Kahn

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Decentralized Autonomous Corporations

...What exactly is a decentralized autonomous corporation or DAC? A DAC is basically a way to use the blockchain technology behind Bitcoin to created a decentralized service. For example, Bitcoin is technically the first DAC ever created. There is no central authority that controls Bitcoin, and it keeps running without the need for some guys in a corporate office decide on what kinds of moves Bitcoin needs to make as a company. Namecoin is another example of a decentralized autonomous corporation, and it becomes much easier to understand this concept when you take a look at this altcoin. Namecoin is a decentralized service that allows you to register a .bit domain. They are also working on similar services for email and online identities. Namecoins are basically a commodity that allow you to purchase a .bit domain. This setup allows the original developers and early adopters of Namecoin to profit from their work. People who own namecoins also have an incentive to promote and build on top of Namecoin because it will help their namecoins increase in value. Without the profit motive, many of the decentralized services that we are going to see pop up in the coming years may not have been possible or viable over the long term. We will soon see many different DACs come about that will offer decentralized alternatives to services such as Facebook, Twitter, Gmail, online sportsbooks, voting booths, SSL, cloud storage, and much more.
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Blue skies over Brooklyn
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At what point does a fan realize that a person's long-term mental health is probably more important than recovering a 15-ounce leather ball? 
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Daniel Kahn

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Mmmmmm, tacos
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Collector's item!
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Adam 'Smiley' Poswolsky made his quarter-life breakthrough this year. When will you make yours?
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Mini #solar panels + solid design by @mpowerdinc= awesome @indiegogo campaign 
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Funny to see my old boss in a Samsung/Kiva commercial
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Interesting comment as India moves to all digital payments...
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Have him in circles
508 people
Elizabeth Kiernan's profile photo
Carrie Chen's profile photo
Dana Ledyard's profile photo
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  • Google
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washington
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san francisco - philadelphia - cambridge - lima - alta, ut
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Infinity plus one
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  • Wharton, HKS, Tufts
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Public - 2 years ago
reviewed 2 years ago
Amber was a nice setting to try upscale Indian food. I had the lamb chops, which were excellently spiced, tender, and a good sized portion. Unfortunately, I can only rate it three stars because the Indian staples that my girlfriend ordered (dal and raita) were not refreshing, since they were overly rich in butter/cream.
Public - 3 years ago
reviewed 3 years ago
2 reviews
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