Nicholas Wang

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In the paper, Christoph proposed a way to prevent the “majority robs the minority attack,” where an attacker with 51 percent of the tokens is able to change governance and ownership rules, or simply propose and approve to send all the funds to themselves. The solution, which stemmed from a blog post by Vitalik, would be for the minority to always have the option of retrieving their funds by allowing the DAO to split. If someone disagrees with a proposal and wants to withdraw their funds, they can create a new “child DAO,” where they can move their ether and leave the rest to spend their own ...more
The Infinite Machine
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