What a DAO is and how it can be used in your DAPP

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Photo by Camylla Battani on Unsplash

What is a DAO?

A DAO (Decentralized Autonomous Organization) can be seen as the most complex form of a Smart Contract, where the bylaws of the decentralized organization are embedded into the code of the Smart Contract, using complex token governance rules.

At today’s evolutionary stage, a DAO materializes as a Smart Contract (a piece of code) executed on top of a distributed networking and consensus technology like the Ethereum blockchain or similar blockchains.

The idea of a decentralized organization takes the concept of traditional organizations and decentralizes it. Instead of a hierarchical structure managed by a set of humans interacting in person and controlling property via the legal system, a decentralized organization involves a set of people interacting with each other according to a protocol specified in code and enforced on the blockchain. …


The simplest way to suggest adding your token

Every time people ask me how to add their token to MetaMask it means to explain where to paste their token address (if they know what their token address is), what the symbol is, what decimals are, why they should be 18 and many other things.

So, since MetaMask now supports EIP 747, which defines a way for sites to suggest an asset to their users’ wallet to track, I decided to build a DApp to do that in the simplest way.

By using the DApp you can create a link for your token or an embeddable widget for your website. …


The simplest way to get notified via email when you receive Ethereum or tokens in your decentralized wallet

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When you create a wallet by using MyEtherWallet, MyCrypto, MetaMask, geth or any other decentralized client, nobody asks you about your email.

It’s right, because of it means that you own your private key as supposed to be and you don’t need anything else, but, it also means that nobody will notify you when you receive Ethereum or any other token.

No problem. Etherscan will help you.

Etherscan is a Block Explorer and API provider for Ethereum. It allows you to explore and search the Ethereum blockchain for transactions, addresses, tokens, prices and other activities taking place on Ethereum.

Etherscan also has an Address Watch List feature and now we will discover how to use it. …

About

Vittorio Minacori

Web and Blockchain Developer

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