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decentralized autonomous organization
Snapshot X, the new governance protocol, makes use of storage proofs – a cryptographic feature that StarkWare, the primary developer of Starknet, has helped innovate and embraced.
The Law Commission said decentralized autonomous organizations appear to fall under existing laws for the time being.
The Foundation wants to preserve an 18-month runway through at least mid-2026.
The so-called decentralized autonomous organization initially formed to focus on building products, but activist investors who showed up were more interested in the project’s treasury.