The DAO Hack Explained: Unfortunate Take-off of Smart Contracts

Logo of the DAO

Smart contracts brought distributed autonomous organizations, aka “DAO”s, to our life. A DAO is another computer code through which a set of smart contracts are connected together and function as a governance mechanism.

In this story I will explore the most famous DAO project, the DAO, and its effects on the smart contract environment. While reading the…

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Osman Gazi Güçlütürk

Osman Gazi Güçlütürk

Lawyer | IP&IT&Blockchain Law| PhD Candidate in Law & Computer Science| Self-taught Coder | LL.B. (Galatasaray) - LL.M. (LSE) - M.A. (Ankara) - MJur (Oxon)