The DAOstack is the operating system the works by collective intelligence for a new form of human associations. It is the Decentralized Autonomous Organization having captured by the imagination at its level best to mind on the blockchain space. Despite the promise, they remain unachievable.
A central missing element is a solid framework for the decentralized blockchain governance. It has some particular scalable and resilient governance protocols in support of processing a larger number of crowd decision to be taken effectively based on the DAO stack where Arc is modular of an adaptive framework for the governance and collective value of management over the blockchain.
Arc
The general form of governance framework is named as Arc. It interacts with the internet of blockchain agencies for the basic operating system for DAOs. It is an open source of modular for the general purpose of a framework designed and it has comes to an open library. The templates of the governance modules or elements will be evolved in the needs of the users. This enables an easy upgrade for the modification of the governance system.
It makes the system a better fit for the organizations and it will be required over time. Arc is not limited to some specific sets of a governance system that makes the system easy for the third parties for creating required elements as per the needs. This also combines with some available elements of agencies to implement the governance system. It specifies the rules of insurance, management, and assignment of scarce resources and it includes all the transferable assets like tokens and non-transferable assets like reputation.
Architecture
The smart contracts are basics of decomposition for the governance system elegantly implemented by Arc. The system is also discussed with actions, schemes and global constraints for every agency can be built of. The architecture of the Arc framework represents the logical and smart contract of architecture:
Controller: It is the main engine agency for the framework as it is owned by and gets the commands from the subscribed schemes alone. This operates all its functions through the functions that can send commands to the contracts of the actors. The reputation and tokens are or the funds will be reserved in the fund's wallet and avatars. These upgrades all the functions of governance system and it make the system run architecture itself.
Subscribed Elements: These elements are constraints for eliminating the registered and previous schemes. This facilitates the register system with the agency that will come to the life. The Genesis Scheme can be registered or unregistered for some certain elements in certain conditions.
Agent’s Input: All the agent’s need is to interact with the agencies through the subscribed schemes. These schemes come with particular knobs that can be operated through the external agents of the blockchain addresses. The transactions take place through the call and the operation of the functions.
Token Printer: It issues and allocates the native tokens of the agencies of the agents which is owned by and gets the commands from the controller alone.
Reputation Printer: It assigns the agency of reputation to agents and it is owned by and gets commands from the controllers.
Wallet: It implements the next version whereas the avatar is also known as the wallet. This holds some external funds which are owned by the agency distributed through the agents. The controller owns it and commands alone.
Avatar: It is the face of the agency that acts externally and is capable of getting help from some particular schemes.
Protocol Upgrade: The controller as the power to command from the structured schemes by registering new schemes and constraints.
The blockchain industry is upgradable since newer technologies are coming with more facilities. The agencies have the ability to root in its existing protocol. All these make the system more reasonable among the users.
Website : https://daostack.io/
Whitepaper : https://daostack.io/wp/DAOstack-White-Paper-en.pdf
Telegram : https://t.me/DAOstackChannel
Youtube : https://youtube.com/c/daostack
Ether Address : 0x8758c012384d90cE326afe7137d70a208F12CaB3
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Great article and best explanation on here
You have given new view for DAO project