The entire crypto market is in a slump, with Bitcoin dipping below $60K and user sentiments turning neutral. Additionally, the market has been boiling at one point and turning ice at the other with new political debates. Nevertheless, Elon Musk and Donald Trump interviews have disappointed crypto investors by neglecting the crypto topic. However, on the other side, Amir Taaki has gained new support from users with the development of the world’s first fully anonymous on-chain DAO.

Who Is Amir Taaki?

Amir Taaki, a 36-year-old programmer, has created the world’s first fully Decentralized Autonomous Organization (DAO). He is British-Iranian and has been interested in programming since the beginning, making him a renowned programmer and hacktivist. After 14 years in the industry, Amir has taken the biggest steps towards decentralization with his recent creation.

He joined the crypto industry after spending some time as a professional poker player in 2010 and earned his name among the most popular crypto developers. From then he opened the first UK Bitcoin exchange, called Britcoin, initiated the first Bitcoin conference in London, launched Dark Wallet, and many other projects. Interestingly, this year alone, the demand for crypto projects especially Layer2 has peaked.

Taaki has made significant contributions to the Bitcoin project and has worked on many open-source projects. He has even rewritten Satoshi Nakamoto’s code to create libbitcoin, which is a more developer-friendly execution of cryptocurrency. This has made him a leading personality in the crypto industry.

Satoshi is the anonymous creator of the Bitcoin protocol and the biggest Bitcoin holder. However, that is about to change with the rising demand for BlackRock Bitcoin ETFs.

Amir Taaki Introduced Anonymous DAO To Defend Freedom

Based on his X post, Amir has succeeded in building a fully anonymous on-chain decentralized autonomous organization. As already known, DAOs are Smart contract-governed organizations, and instead of central authority, the voters make the decisions. With that, DAO had a reputation in the market, and now this pioneer developer has taken it to the next level as his created DAO won’t be visible on the chain.

We created the world’s first and only fully anonymous on-chain DAO with token-weighted voting.

Everything about the DAO is anonymous. DAOs are meant to be political and subversive.

• The DAO cannot be seen on-chain. It’s looks like random data.
• The treasury is dark.… pic.twitter.com/9ENLsSCksy

— Amir Taaki (@Narodism) August 12, 2024

With the X post, Amir explained that “Everything about the DAO is anonymous as they are meant to be political and subversive.” This DAO is entirely anonymous and is not visible on the blockchain at all. The invisibility here talks about hiding the treasury, the transactions, its members, voting, token ownership, and even the DAO itself.

He has talked of a few other features of the Decentralized Autonomous Organization, but he also highlighted the poor state of the companies and the internet, as everyone relies on surveillance and data harvesting. As per Amir, DAO was the solution to defend freedom and to be free, uncensored, sovereign online organizations and decentralized.

Final Thoughts

Amir Taaki has taken a huge step towards the decentralization of the industry by developing the most autonomous organization. With his image of a pioneer developer to the leader, he has built a name for himself in the crypto industry, especially by building the Dark Wallet. Taaki has openly shared the solution of maintaining the DAOs as free. However, he also pointed out the drastic state of internet and tech companies depending on data harvesting. Lastly, he showed concerns about how people are afraid to launch companies on a transparent blockchain.

The post Who is Amir Taaki? Creator of Worlds First Fully Autonomous DAO appeared first on CoinGape.

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Filed under: News - @ August 13, 2024 12:55 pm