What is a DAO anyway?

The word “DAO” is also Chinese for “way” or “path” — but in the world of decentralization — it is a “Decentralized Autonomous Organization” and it is a system for making decisions with no central leadership. (A DAO can also be known as a “DAC” or “ Decentralized Autonomous Company.”)

Each DAO is an internet-native organization completely owned and managed by its members. Any community can organize a DAO for any reason, but typically it is done to manage software code and a pool of money.

Governance is What Governments Do

Let’s take a moment…

I could not find a really simple tutorial on multiple signature security (multisig or MSIG) on EOS, so I’m writing one up that should help anyone do a multisig transaction.

Using multiple signatures protect an account by requiring many keys or accounts to approve a transaction. This is much safer than using a single key to protect an account.

This tutorial uses a `cleos.sh` script that you can get from my post here EOS — Get Started in 5 Minutes.

Setup a “Signing” Account

First, setup a multisig signingaccount that you can use for setting as an owner/active permission on any accounts you want…

I derived this from doing a comparison of and addresses on the top blockchains.

To send cryptocurrency on a blockchain to someone, you need to have the address of their account on that particular blockchain.

Most blockchains use long and complicated hashes for the addresses of the wallet. This is true for BTC, ETH, XRP, BCH (fork of BTC), TETHER (runs on BTC), LTC (fork of BTC), BNB (runs on ETH), TRX, ADA, XMR, XLM. Long hashes are very hard to humans to read, write, speak, remember and verify.

EOS, however, uses 12 letter names which is much simpler for the end-user to read, write, speak, remember and verify.

I was wondering — is…

This post is focused on the SENSE token and how it is utilized within the Sense.Chat platform. It is Part 2 of the updated whitepaper, which we lovingly call, the “Purple Paper” — you can find Part 1 here.

Sense.Chat — What can I do with SENSE tokens?


We are at the dawn of a new world for digital communities and economies. Chat applications power the majority of social interactions in the digital world. Enormous communities have established on platforms, such as Telegram, WhatsApp, and WeChat. …

This post aims to provide deep technical explanations of how EOS Chat works. It is Part 1 of the updated whitepaper, which we lovingly call, the “Purple Paper” — Part 2 about the token can be found here.

Purple Paper — Part 1: EOS Chat Tech | “A look inside.”


Since the dawn of the Internet, communication has become increasingly interconnected. We communicate and collaborate across oceans and borders on a scale never seen before. The number of “free communication” platforms is truly astounding. However, these platforms are not truly free. …

This is a quick start guide for using the EOS Blockchain on your local OS X computer. It’s incredibly easy to be interacting with the EOS Blockchain in just a few minutes.

Special thanks to kurt braget pointed out that there was no guide to getting started using EOS and that it’s really easy with brew.

Install cleos on your mac with brew:
brew tap eosio/eosio && brew install eosio if you don’t have cleos

Create a wallet — the password for the wallet will be stored in a plaintext file called “1stwallet” -n names the wallet and -f names…

The Light Historical Data Query Node on EOS allows apps and users to query the history of the blocks, accounts, and transactions.

Greymass maintains their own version of EOS which has been optimized to provide history only the most recent “x” transactions per EOS account in an API. They have written instructions on how to set this up here.

“Light History” nodes require less disk space and less memory than “Full history” (ancient history) and should be able to handle 90% of the historical queries on EOS. …

This is a brief analysis of the EOS Mainnet for the past 90 days. There have been some ups and downs, but activity has nearly doubled since October.

EOS Metrics

Daily active users (DAU) and monthly active users (MAU) are very good metrics for measuring usage of a platform, app, and website. In EOS, I am using a metric of Daily Unique Active Accounts (DUAA).

Shoutout: The data and graphs in this report are all sourced from the (still private) Hyperion system built and maintained by EOS Rio.

Quick Flashback

The EOS Mainnet launched back in June, 2018. A few months later in October…

There are some very exciting experimental economies developing in blockchain that are geared towards rewarding the people who contribute, shape, and participate in new platforms. The latest evolution in technology is to provide platforms which are not just free to use, but that can also generate revenue for their users and even give governmental power of the platform to the token holders.

Who benefits? Who pays?

The “free” economy of technological services comes at a cost. As we have learned from Facebook and Google — our behavioral patterns online can be tracked and used to create anonymous profiles to steer advertising and messaging. When…

We built Squirrel for people who are nuts about tracking their digital assets. As blockchain enthusiasts we want to track all of our holdings from one app. I was tired of switching between various exchanges and excel sheets to manage my assets, so I envisioned Squirrel, an all-in-one solution that is fully-featured and it is easy to use.

Squirrel is as a crypto portfolio and asset tracking tool, offering real-time market data for all token holdings. …

Ben Sigman

🎯 tech problem-solver at large, ⛏️ blockchain analyst and tool builder, 🏅 damn good at board games

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