Cryptocurrency Q&A Which issue is a common risk in DAO governance?

Which issue is a common risk in DAO governance?

Carlo Carlo Sat Nov 09 2024 | 6 answers 1407
I'm exploring the potential risks involved in DAO governance. Specifically, I'm curious about the common issues or challenges that often arise in this decentralized decision-making process. Which issue is a common risk in DAO governance?

6 answers

CryptoAlly CryptoAlly Mon Nov 11 2024
DAO security faces significant threats, primarily stemming from coding errors.

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Valentino Valentino Mon Nov 11 2024
The software that underpins DAOs and governs their operations is susceptible to flaws.

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Michele Michele Mon Nov 11 2024
These flaws can arise due to improper coding practices or inadequate testing.

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Raffaele Raffaele Mon Nov 11 2024
Smart contracts, which are integral to DAO functionality, are programs designed to enforce DAO rules automatically.

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Ilaria Ilaria Sun Nov 10 2024
However, if the code composing these contracts is not meticulously crafted or thoroughly reviewed, it may harbor vulnerabilities.

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