DAOUSDT
DAO Maker / Tether USD
cryptoComposite
Real-timeNov 12, 2026 6:36:26 PM EST
0.01895USDT-2.320%(-0.00045)42,794,888DAO821,865USDT
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Here are the marketing narratives we have seen this scam morph into over the years :
1) World computer for decentralized smart contracts = pointless because their is no censorship in code execution and with the advent of AI even less so of a possibility
2) Code is law = than the DAO exploit occurred and we saw many
3) pitching turing completeness as the valuable aspect of ETh , now pivoting away from that and saying it was never about turing completeness but "rich statefulness" when people rightfully point out the absurdity of needing a turing complete blockchain.
4) Shifting to DEfi and NFTs = which created an exosystem of scams , that was undermined once fees increased so much that these scams started to seak other blockchains to use
5) Focus on rollups and l2 to copy off of Bitcoin when they originally criticized Bitcoin of scaling in layers
6) Created a completely new blockchain called ethereum 2.0 because upgrading the original chain was such a mess and than getting rid of that marketing to hide the inconvenient truth that the first chain failed.
7) Ultrasound money by marketing them manipulating the issuance and burn rate more and now that this has failed because ethereum is losing value against bitcoin and now pivoting to a lesser goal of "store of value" which is one of the most absurd marketing pitches because of their history of a very manipulated monetary policy by a centralized group of devs
sentiment -0.974
Did you know that there is a channel run just by DAO Members? Link in the text!
sentiment 0.000
Then you figured it out late. At the latest DAO fork should have already told you that code as never law. Or really, realizing how much ETH had been left to founders and investors, even earlier than that. It started as a plutocracy, just like Urbit.
sentiment 0.361
> Honestly, if as a dev your contract depended on fixed values of gas to work, then you either did a poor job, or you assumed Ethereum to be an ossified chain when it clearly is not and wont be in the near future.
This is how I'd write contracts now but for example I remember after the DAO hack when people were just learning about reentrancy it was considered best practice to use `transfer()` so you don't send enough gas to do anything move the ETH and write a log entry. Solidity devs put this call in the contract for that reason and we were recommended to use it. It's been deprecated a long time people are still using the contracts I deployed from that era.
Also IIUC these changes do things that aren't just shuffling constants around, for example `gasleft()` will no longer tell you how much gas you've got left (since glamsterdam complexified it and splits it into multiple budgets). It's one thing to know that the gas price of a particular call might change but it's another to anticipate how the chain might rewrite the entire concept of gas from underneath you.
sentiment 0.834