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Knowledge Base

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    DAC - Decentralized Autonomous Corporation

    Oct 1, 2018, 4:00:55 PM / by EOS Canada

    DAC is an acronym for a Decentralized Autonomous Corporation (or Decentralized Autonomous Community). This is similar to a co-op, as it is a member-run Corporation, which is self-governing, and can function autonomously. The entire business logic of a DAC is encoded into a smart contract that resides on the blockchain. Also known as a DAO - Decentralized Autonomous Organization.

    Topics: ABC EOS

    EOS Canada

    Written by EOS Canada

      How To Vote For EOS Canada

      Vote for EOS Canada as a Block Producer with the user account:

      Vote with - a command line tool for securely storing your private keys and casting your vote

      `eosc`