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Ameen Soleimani: Moloch DAO '" A Simple Yet Unforgiving DAO to Fund Ethereum Development


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We're joined by Ameen Soleimani, Co-founder and CEO of SpankChan. From his humble beginnings at ConsenSys, he went on to create SpankChain in 2017 at the height of the ICO boom. The project aims to create a better and safer environment for sex workers by removing the intermediaries who take significant commissions on their revenues. SpankChain's initial product, an adult cam platform, allows users to pay performers in crypto with a native asset over sophisticated payment channels. More recently, Ameen headed a project called Moloch DAO, a decentralized autonomous organization with the goal to fund Ethereum 2.0 development. Moloch has but few simple functions: making proposals, voting on proposals, and exiting. This simple design, heavily inspired on 'œThe DAO' of 2016 has attracted funding from Vitalik Buterin, Joe Lubin and other prominent community members. Topics discussed in this episode:Ameen's background as an early ConsenSys employee working on payment channelsWhy Ameen decided to found SpankChain and how the project has evolved since its inceptionWhat is Moloch DAO and why he decided to launch itThe mechanism behind Moloch and how it compares to other DAOsHow one becomes a member of Moloch and participates in governanceThe simplicity of Moloch DAO and its essential functionsHow Moloch DAO scales and its intended lack of a smart contract upgrade mechanismThe attention and funding the project has already receivedProposals already made on Moloch, including YangDAO, and their utility to the ecosystemAmeen's views on the broader Ethereum space, his outlook on Eth 2.0 and the future of the project Links mentioned in this episode: Moloch DAOMoloch Ventures ‚ GitHubMoloch DAO white paperMoloch Summoning GuideThe State of Ethereum 2.0 reportA Study of Libp2p and ETH2A Call for a Temporary Moratorium on The DAOYangDAOAmeen Soleimani on TwitterMoloch DAO on TwitterSpankChainDappCon '" 20% off with the code 'œEpicenterDappcon2019'Epicenter Meetup at Berlin Blockchain Week '" Thu 22 Aug 2019Berlin Blockchain Week 2019 Sponsors: Azure: Deploy enterprise-ready consortium blockchain networks that scale in just a few clicksTrail of Bits: Trust the team at the forefront of blockchain security research Support the show, consider donating: BTC: 1CD83r9EzFinDNWwmRW4ssgCbhsM5bxXwg (https://epicenter.tv/tipbtc)BCC: 1M4dvWxjL5N9WniNtatKtxW7RcGV73TQTd (http://epicenter.tv/tipbch)ETH: 0x8cdb49ca5103Ce06717C4daBBFD4857183f50935 (https://epicenter.tv/tipeth) This episode is hosted by Sebastien Couture & Friederike Ernst. Show notes and listening options: epicenter.tv/297
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