Just like DOs, a Decentralized Autonomous Organization (DAO) is also a computer program that runs atop a blockchain and embedded within it are governance and business logic rules. DAO and DO are fundamentally the same thing. The main difference, however, is that DAOs are autonomous, which means that they are fully automated and contain artificially-intelligent logic. DOs, on the other hand, lack this feature and rely on human input to execute business logic.
The Ethereum blockchain led the way with the initial introduction of DAOs. In a DAO, the code is considered the governing entity rather than people or paper contracts. However, a human curator maintains this code and acts as a proposal evaluator ...
