Cryptocurrency Q&A Is DAO outdated?

Is DAO outdated?

amelia_doe_explorer amelia_doe_explorer Sun Aug 11 2024 | 7 answers 1564
Could you elaborate on your perspective that the concept of a Decentralized Autonomous Organization (DAO) is outdated? Do you believe that the advancements in blockchain technology and the growing demand for decentralized governance solutions have rendered DAOs obsolete? Or is there a specific aspect of the DAO model that you believe is no longer relevant in today's cryptocurrency and finance landscape? It would be interesting to hear your insights on how the evolution of the industry has impacted the role and relevance of DAOs. Is DAO outdated?

7 answers

Chloe_martinez_explorer Chloe_martinez_explorer Tue Aug 13 2024
With ACE as its new moniker, Microsoft is now positioning DAO as the preferred data access technology for various Automation platforms, including VBA and WSH.

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DongdaemunTrendsetting DongdaemunTrendsetting Tue Aug 13 2024
The shift in emphasis underscores Microsoft's recognition of the strengths that DAO continues to offer, despite the initial shift towards ADO.

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DigitalLegendGuard DigitalLegendGuard Tue Aug 13 2024
Microsoft's historical stance towards DAO and ADO has evolved significantly over time. Initially, the company deprecated DAO in favor of ADO, highlighting the latter's enhanced capabilities and efficiency.

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TaegeukChampion TaegeukChampion Tue Aug 13 2024
ACE, as the new face of DAO, brings with it a range of advantages that make it an attractive option for Automation users. These benefits include improved compatibility, performance, and ease of use.

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noah_doe_writer noah_doe_writer Tue Aug 13 2024
Moreover, the renaming to ACE also reflects Microsoft's commitment to evolving its technology stack to meet the evolving needs of its customers and the market.

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